Bloomsbury Publishing PLC Board Appointment (2430I)
16 June 2017 - 4:00PM
UK Regulatory
TIDMBMY
RNS Number : 2430I
Bloomsbury Publishing PLC
16 June 2017
Bloomsbury Publishing Plc ("Bloomsbury")
Board Appointment
Bloomsbury announces that, with effect from the close of
business of the AGM on 18 July 2017, Sir Richard Lambert will join
the Board as a non-executive Chairman for a term of four years. At
the same time and as announced previously, Sir Anthony Salz will
retire from the Board at the end of his term at the AGM. This
appointment reflects the non-executive rotation policy in the 2016
Annual Report that ensures a steady inflow of insights from other
organisations as Bloomsbury grows. Sir Richard Lambert was selected
after a rigorous search process involving an external agency led by
the Senior Independent Director, John Warren. Sir Richard will be a
member of the Remuneration Committee and chair of the Nomination
Committee.
Sir Richard Lambert is Chairman of the British Museum. He is
also a Member of Council for Chatham House, the Royal Institute of
International Affairs. Sir Richard joined the Financial Times after
reading history at Balliol College, Oxford. He was editor of the
Lex column, became New York bureau chief, and thereafter deputy
editor. He was Editor of the Financial Times from 1991 to 2001. He
has served as a member of the Bank of England Monetary Policy
Committee from 2003 to 2006, Director General of the CBI from 2006
to 2011, interim Chairman of The Banking Standards Review Council
from 2013 to 2014, Chancellor of the University of Warwick from
2008 to 2016 and the senior independent member of the Foreign and
Commonwealth Office's Supervisory Board from 2012 to 2017.
Nigel Newton, Chief Executive, commented:
"All of us at Bloomsbury would like to thank Sir Anthony Salz
for his excellent chairmanship. He has ably led the Board and we
have benefited significantly from his strategic challenge and
commercial insights. We are delighted to welcome Sir Richard
Lambert who joins Bloomsbury at a time when the digital landscape
is providing Bloomsbury with new opportunities to grow its
publishing mission."
In accordance with Listing Rule LR 9.6.13 (1) Sir Richard
Lambert has held no directorships in any other publicly quoted
company at any time in the previous five years. There is no further
information to disclose in respect of LR 9.6.13. Sir Richard
Lambert does not have an interest to be disclosed in the shares of
Bloomsbury.
For further information, please contact:
Daniel de Belder, Bell Pottinger +44 (0) 20 3772 2500
Nigel Newton, Chief Executive, Bloomsbury Publishing Plc +44 (0) 20 7631 5600
This information is provided by RNS
The company news service from the London Stock Exchange
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