Wilmington PLC Directorate Change (1910N)
January 16 2019 - 1:00AM
UK Regulatory
TIDMWIL
RNS Number : 1910N
Wilmington PLC
16 January 2019
16 January 2019
Wilmington plc
("Wilmington" or the "Company" or "Group")
Directorate Change
Wilmington plc (LSE: WIL), the provider of information,
education and networking services in Risk & Compliance,
Professional and Healthcare knowledge areas, announces that Pedro
Ros has informed the Board of his intention to step down from his
position as Chief Executive Officer of the Company. The Board has
agreed with Pedro that he will step down from the Board on 13
February 2019 and will be available over the following months to
ensure a smooth and orderly handover.
Martin Morgan, Chairman, will act as Executive Chairman from 13
February until Pedro's replacement is appointed. The Board will
initiate a search for a new Chief Executive Officer and an update
will be made in due course.
As previously advised, the Company will announce its half year
results for the period to 31 December 2018 on Thursday 21 February
2019.
Martin Morgan, Chairman, commented:
"I would like to thank Pedro for his dedication and contribution
to Wilmington over the last five years. Since joining Wilmington in
2014, Pedro has executed a significant change programme and focused
on building our key market sectors in Risk & Compliance,
Professional and Healthcare. During Pedro's tenure, Wilmington has
also begun the important process of modernising its infrastructure
which includes the implementation of common technologies,
especially in the areas of customer relationship management,
digital learning and marketing. The Company has many opportunities
for renewed growth and, on behalf of the Board and employees of
Wilmington, we wish Pedro all the best in his future
endeavours."
Pedro Ros, Chief Executive Officer, said:
"During the last five years, Wilmington has completed a major
transformation and I believe that now is the right time to hand
over to my successor. I am proud of our many achievements during
that time and I thank our people and the Board for their continuous
support. I look forward to working with Martin to ensure a smooth
transition."
The information contained within this announcement is deemed to
constitute inside information as stipulated under the Market Abuse
Regulation (EU) No. 592/2014. Upon the publication of this
announcement via a Regulatory Information Service this inside
information is now considered to be in the public domain.
For further information, please contact:
Wilmington plc
Martin Morgan, Chairman
Richard Amos, Chief Financial Officer 020 7490 0049
FTI Consulting
Charles Palmer / Dwight Burden / Leah
Dudley 020 3727 1000
Notes to Editors
Wilmington is the recognised knowledge leader and partner of
choice for information, education and networking in Risk &
Compliance, Professional and Healthcare areas. Wilmington employs
close to 1,000 people and operates in 120 countries. Wilmington plc
is a premium listed company on the main market of the London Stock
Exchange.
-End-
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
BOACKPDDFBKDQDD
(END) Dow Jones Newswires
January 16, 2019 02:00 ET (07:00 GMT)
Wilmington (LSE:WIL)
Historical Stock Chart
From Apr 2024 to May 2024
Wilmington (LSE:WIL)
Historical Stock Chart
From May 2023 to May 2024