Kier Group PLC Appointment of Chairman (9076W)
December 16 2019 - 1:01AM
UK Regulatory
TIDMKIE
RNS Number : 9076W
Kier Group PLC
16 December 2019
16 December 2019
Kier Group plc
Appointment of Chairman
Kier Group plc ("Kier") announces the appointment of Matthew
Lester as Chairman of its board of directors (the "Board"), with
effect from 1 January 2020.
In his executive career, Mr. Lester was the Group Chief
Financial Officer of Royal Mail plc from 2010 to 2017, having
previously been the Group Finance Director of ICAP plc and held a
number of senior finance positions at Diageo plc. Mr. Lester is a
chartered accountant, qualifying with Arthur Andersen before
spending the early part of his career with Kleinwort Benson.
More recently, Mr. Lester has been a non-executive director of
Man Group plc (since 2011), Barclays PLC (since 2017) and Capita
plc (since 2017). As announced today, Mr. Lester will stand down
from the board of directors of Barclays PLC with effect from 1
January 2020.
Mr. Lester will be the Chairman of the Nomination Committee and
a member of the Remuneration Committee.
Philip Cox will stand down as Chairman and from the Board on 1
January 2020.
Commenting on his appointment, Matthew Lester said: "I am
delighted to be joining Kier as its Chairman. I look forward to
working with the Board to deliver the Group's strategic priorities
and in continuing to build the foundations for its future."
No further information is required to be disclosed pursuant to
Listing Rule 9.6.13R.
Further information
Please contact:
Kier Press Office +44 (0)1767 355 096
Richard Mountain/Nick Hasell - FTI Consulting +44 (0)20 3727 1340
This announcement does not constitute an offer of securities by
Kier Group plc (the "Company"). Nothing in this announcement is
intended to be, or intended to be construed as, a profit forecast
or a guide as to the performance, financial or otherwise, of the
Company or any of its subsidiaries (together, the "Group") whether
in the current or any future financial year. This announcement may
include statements that are, or may be deemed to be,
"forward-looking statements". By their nature, forward-looking
statements involve risks and uncertainties because they relate to
events and depend on circumstances that may or may not occur in the
future and may be beyond the Company's or the Group's ability to
control or predict. Forward-looking statements are not guarantees
of future performance. You are advised to read the section headed
"Principal risks and uncertainties" in the Company's Annual Report
and Accounts for the year ended 30 June 2019 for a further
discussion of the factors that could affect the Company's or the
Group's future performance and the industry in which it operates.
Other than in accordance with its legal or regulatory obligations,
the Company does not accept any obligation to update or revise
publicly any forward-looking statement, whether as a result of new
information, future events or otherwise.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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