Caledonia Investments PLC Directorate Change (6486B)
June 10 2019 - 2:09AM
UK Regulatory
TIDMCLDN
RNS Number : 6486B
Caledonia Investments PLC
10 June 2019
Caledonia Investments plc
Board and committee changes
Caledonia Investments plc ("Caledonia" or the "Company") is
pleased to announce the appointment of Claire Fitzalan Howard as an
independent non-executive director with effect from 22 July
2019.
After graduating from Oxford University, Claire began her career
at Kleinwort Benson, where she worked from 1982 to 1987. She
subsequently joined Gauntlet Insurance Services, a privately-owned
insurance broking company specialising in high net worth clients,
where she had an executive role until 1996 and has served as a
non-executive director since 2004. She is a trustee of a number of
charitable foundations and trusts, including the Schroder
Foundation, and serves as a director of the Schroder Charity Trust
and of the Stansted Park Foundation.
Claire will also join the Company's Nomination and Remuneration
Committees.
Caledonia also announces that, having served nine years on the
board, Charles Gregson has decided not to seek re-election at the
annual general meeting to be held on 24 July 2019. Charles will
retire from the board following the annual general meeting, at
which point Guy Davison will take over as Senior Independent
Director and Chair of the Governance Committee and Shonaid
Jemmett-Page will become Chair of the Remuneration Committee.
Commenting on these changes, David Stewart, Caledonia's
Chairman, said:
"I am delighted that Claire Fitzalan Howard is joining our
board. She brings experience in financial services as well as a
longstanding involvement in philanthropy and the charitable sector
and has a deep understanding of businesses with significant family
shareholdings.
I would also like to thank Charles Gregson for his considerable
contribution to Caledonia's board over his nine years as a
director. His wise advice and wealth of experience will be greatly
missed and we wish him well for the future."
10 June 2019
For further information please contact:
Caledonia Investments
plc +44 20 7802 8080
Will Wyatt,
Chief Executive
Tulchan Communications +44 20 7353 4200
Lisa Jarrett-Kerr
Martin Pengelley
Notes:
1. There are no disclosures to be made pursuant to LR 9.6.13 in
relation to Claire Fitzalan Howard.
2. In accordance with section 430 (2B) of the Companies Act
2006, Caledonia confirms that, other than fees payable to him up to
the date of his retirement, no remuneration or payment has been or
will be made to Charles Gregson in connection with his cessation as
a director of the Company.
END
Notes for editors:
Caledonia Investments plc
Caledonia is a self-managed investment trust company listed on
the London Stock Exchange with net assets of GBP2.0bn as at 31 May
2019. The Company maintains a long term portfolio of global listed,
private company and fund investments and has paid an increasing
annual dividend for 52 years.
For additional information on Caledonia, please visit
www.caledonia.com.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
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END
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