Royal Mail PLC Directorate Change (6523A)
May 30 2019 - 9:16AM
UK Regulatory
TIDMRMG
RNS Number : 6523A
Royal Mail PLC
30 May 2019
Royal Mail plc
(Incorporated in England and
Wales)
Company Number: 8680755
LSE Share Code: RMG
ISIN: GB00BDVZYZ77
LEI: 213800TCZZU84G8Z2M70
Board Changes at Royal Mail
Royal Mail plc (the Company) is pleased to announce that Sarah
Hogg has been appointed as Non-Executive Director of the Company,
with effect from 1 October 2019.
Sarah Hogg has extensive business and government experience. She
is currently Senior Non-Executive Director of the Financial Conduct
Authority. She was previously Chair of 3i Group plc and has been a
Non-Executive Director of a number of other companies including BG
Group plc. She was also Lead Independent Director of HM Treasury
and Chair of the Financial Reporting Council. Sarah was Head of the
Prime Minister's Policy Unit under John Major, and previously
Economics Editor of a number of leading newspapers, including The
Times, The Telegraph and The Economist. She was created a life peer
in 1995 and sits in the House of Lords as a crossbencher.
The Company also announces that, having served nine years on the
Board, Senior Independent Director Orna Ni-Chionna has decided not
to seek re-election at the Company's AGM on 18 July 2019. Orna will
stand down from the Board following the AGM, Simon Thompson will
take over from Orna as Senior Independent Director and Chair of the
Remuneration Committee with effect from the AGM. On 1 October 2019
Sarah will take over from Simon as the Senior Independent
Director.
Michael Findlay takes over from Keith Williams as Chair of the
Audit and Risk Committee with immediate effect.
Sarah Hogg said: "I am delighted to be joining the Board of
Royal Mail. I look forward to working with Keith Williams, the
Board and Management as Royal Mail embarks on its 'turnaround and
grow' strategy in the UK and delivers its five-year Group strategic
plan."
Orna Ni-Chionna said: "It has been a great privilege to serve on
the Board of Royal Mail for nine years, during which time we moved
into public ownership and started to address the challenges of
competing in this digital age. I am very pleased that Sarah will be
joining the Board as Senior Independent Director and I extend to
Keith Williams, the Board and the Company my very best wishes as
the journey of transformation continues."
Keith Williams said: "I am delighted that Sarah Hogg is joining
our Board. Sarah brings with her a wealth of experience from both
private and public sectors across a range of areas including
strategy, public policy and governance."
"I would also like to thank Orna for her nine years of service
to the Company. She has played a key role on the Board throughout
that time, not least on extensive shareholder engagement in recent
months. I and all my colleagues have appreciated her insight, her
people skills and her commitment to the Company. It has been a
great pleasure to work alongside her and we wish her well for the
future."
There are no other disclosures to be made under Listing Rule
9.6.13.
Royal Mail plc
Company Secretariat:
Mark Amsden
Phone: 020 7449 8289
Email: cosec@royalmail.com
Investor Relations
Catherine Nash
Phone: 020 7449 8183
Email: investorrelations@royalmail.com
Media Relations
Beth Longcroft
Phone: 07435 768 549
Email: beth.longcroft@royalmail.com
Out of hours press office: 020
7449 8246
About Sarah Hogg: Sarah has previously been a Chair of Frontier
Economics and a Non-Executive Director of Cadbury plc, GKN
PLC and the John Lewis Partnership.
About Orna Ni-Chionna: Orna has previously held the Senior
Independent Director position at HMV plc, Northern Foods plc
and Bupa and was also Non-Executive Director of the Bank of
Ireland UK Holdings plc and Bristol & West plc. Before this,
Orna was a Partner at McKinsey & Company where she co-led their
European Retail Practice.
About Royal Mail plc
Royal Mail plc is the parent company of Royal Mail Group Limited,
the leading provider of postal and delivery services in the
UK and the UK's designated universal postal service provider.
UK Parcels, International & Letters (UKPIL) comprises the company's
UK and international parcels and letters delivery businesses
operating under the "Royal Mail" and "Parcelforce Worldwide"
brands. Through the Royal Mail Core Network, the company delivers
a range of parcels and letters products, including the one-price-goes-anywhere
Universal Service products. Royal Mail has the capability to
deliver to more than 30 million addresses in the UK, six days
a week (excluding UK public holidays). Parcelforce Worldwide
operates a separate UK network which collects and delivers
express parcels. Royal Mail also owns General Logistics Systems
(GLS) which covers 41 countries and nation states in Europe,
eight states in the Western U.S. and in Canada. GLS operates
one of the largest ground-based, deferred parcel delivery networks
in Europe.
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END
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