Nationwide Building Society Directorate Change (5114F)
March 10 2020 - 2:00AM
UK Regulatory
TIDMNBS TIDM34VG
RNS Number : 5114F
Nationwide Building Society
10 March 2020
Tuesday, 10 March 2020
Nationwide Building Society (the "Society")
Nationwide announces the resignation of Tony Prestedge,
Executive Director and Deputy Chief Executive
Nationwide Building Society has today announced that Tony
Prestedge has resigned from his position as Deputy Chief Executive
and Executive Director following his acceptance of a senior role
with Santander UK plc. As a result of his resignation, Tony will
step down from the Nationwide Board with immediate effect and will
not stand for re-election at the Society's next AGM.
Nationwide Building Society Chairman, David Roberts, said: "On
behalf of the Board and our members, I would like to thank Tony for
the significant and valuable contribution he has made to the
continued success of the Society. He has made a huge difference
during his time with Nationwide. We wish him well in his new
role."
Tony Prestedge said: "Nationwide has been an amazing place to
work. It has been an honour to have served in a number of roles
during the last 12 years and I'm grateful to have had the
opportunity to contribute to the Society's success. I would like
thank David and the Board for all their support and guidance. The
combined efforts of all the people at Nationwide means the Society
is in a strong position to continue meeting the needs of its
members, now and into the future."
-Ends-
Media information contact:
Sara Batchelor: 07785 344137;
sara.batchelor@nationwide.co.uk
Notes:
Nationwide will ensure a smooth transition and handover with
Tony at which point he will be placed on gardening leave. The
position of Deputy Chief Executive at Nationwide will not be
replaced, and Tony's current accountabilities will be taken up by
other members of the Society's senior leadership team.
Tony became a member of the Board in 2007 and was appointed as
Deputy Chief Executive in 2017. He has held a number of senior
roles during his time with the Society including Group Development
Director, Chief Operating Officer and Leader of Relationships and
Distribution.
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END
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