18 Nov 2016 07:01
Date: 18 November 2016
On behalf of: Charles Taylor plc ("Charles Taylor" or the "Company")
Charles Taylor plc ("the Company")
Directorate change
Further to the announcement of 17 May 2016, David Watson has informed the Board that he will retire from the Board and his position as Audit Committee Chairman on 30 November 2016. Paul Hewitt, a Non-Executive Director of the Company has been appointed as Audit Committee Chairman with effect from the same date.
Edward Creasy, Chairman, Charles Taylor plc, says:
"We are very grateful to David for his significant contribution over the last six years to Charles Taylor both as a Director and as Chair of the Audit Committee. The Company has made significant progress over the period of David's involvement and stewardship, and I would like to thank him personally and on behalf of the Board for his commitment and contribution to the success of the company.
"Paul will make an excellent Chairman of the Audit Committee. His breadth of experience, both as an Executive and a Non-Executive Director, makes him ideally qualified for the role."
-ENDS-
For further information: | |
Ivan Keane Group Company Secretary and General Counsel, Charles Taylor plc | 020 3320 2206 |
David Lanchester Deputy Group Company Secretary, Charles Taylor plc | 020 3320 8829 |
Mike Lord Group Communications Director, Charles Taylor plc
| 020 3320 8938 |
Redleaf Communications Charlie Geller Susie Hudson | ct@redleafpr.com 020 7382 4730 |
Notes to editors
About Charles Taylor
Charles Taylor plc is a leading provider of professional services to clients across the global insurance market. The Group has been providing services since 1884 and today employs around 1,700 staff in 71 offices spread across 28 countries in the UK, the Americas, Asia Pacific, Europe, the Middle East and Africa.
The Group offers services, principally on a fee-based model and operates through three businesses - Management, Adjusting and Insurance Support Services. Charles Taylor also owns life insurers, creating value through select acquisitions and operational efficiency.
Further information is available at www.ctplc.com.
Statements made in this announcement that look forward in time or that express management's beliefs, expectations or estimates regarding future occurrences are "forward-looking statements" within the meaning of the United States federal securities laws. These forward-looking statements reflect the Group's current expectations concerning future events and actual results may differ materially from current expectations or historical results.
Charles Taylor (CTR)