FIRSTGROUP PLC
DIRECTORATE
CHANGE
FirstGroup plc (the 'Group'), a leading transport operator in
the UK and North America, today
announces the appointment of Richard
Adam as an independent Non-Executive Director, and the
retirement of Brian Wallace from the
Board, with effect from 24 February
2017. Richard will succeed Brian as Chair of the Audit
Committee on the same date.
Richard brings a wealth of financial acumen, M&A and
international business experience to the Board, having served as
Finance Director of private and listed businesses for nearly thirty
years. From 2007 until retiring in 2016 Richard was Group Finance
Director of Carillion plc, the integrated support services and
construction business with activities in education, road and rail,
defence, health, energy and other sectors for government and
private clients. Prior to this he was Group Finance Director of
Associated British Ports Holdings plc for seven years. Richard
serves as a Non-Executive Director and Chair of the Audit
Committees of Countryside Properties plc, the FTSE 250
housebuilder, and of Countrywide plc, the listed residential estate
agency and property services provider. He was previously
Non-Executive Director and Chair of the Audit Committee of SSL
International plc, and a Non-Executive Director of Zattikka plc and
Wincanton plc. Richard qualified as a chartered accountant with
KPMG in 1982.
Commenting on today's announcement, FirstGroup Chairman
Wolfhart Hauser said:
“I am delighted to welcome Richard to the Board of FirstGroup.
Good governance lies at the heart of a successful and sustainable
company and I am confident that his strong background and long
experience in contract-based international infrastructure
businesses will be of immense value to the Board as we continue to
improve the Group’s returns, resilience and prospects.
“On behalf of the Board and everyone at FirstGroup I would also
like to thank Brian for his dedication and significant contribution
to FirstGroup’s progress over the last five years. We wish him
every success in his future endeavours.”
This announcement is made pursuant to Listing Rule 9.6.11R.
There are no other details required to be disclosed under Listing
Rule 9.6.13R.
Contacts at FirstGroup:
Faisal Tabbah, Head of Investor
Relations
Stuart Butchers, Group Head of Media
Silvana Glibota-Vigo, Deputy
Company Secretary
Tel: +44 (0) 20 7725 3354
Contacts at Brunswick PR:
Michael Harrison / Andrew Porter, Tel: +44 (0) 20 7404 5959
Notes
FirstGroup plc (LSE: FGP.L) is a leading transport operator in
the UK and North America. With
£5.2 billion in revenues and 110,000 employees, we transported
around 2.2 billion passengers last year. Each of our five divisions
is a leader in its field: In North America, First Student is the
largest provider of student transportation with a fleet of around
47,000 yellow school buses, First Transit is one of the largest
providers of outsourced transit management and contracting
services, while Greyhound is the only nationwide operator of
scheduled intercity coach services. In the UK, FirstGroup is one of
Britain's largest bus operators
running a fleet of some 6,200 buses, and we are one of the
country's most experienced passenger rail operators, carrying
around 140 million passengers last year.
Our vision is to provide solutions for
an increasingly congested world... keeping people moving and
communities prospering.
Visit our website at www.firstgroupplc.com and follow us
@firstgroupplc on Twitter.