Experian plc Appointment of Chairman (3862A)
29 May 2019 - 4:00PM
UK Regulatory
TIDMEXPN
RNS Number : 3862A
Experian plc
29 May 2019
Experian plc
Appointment of Chairman
29 May 2019 - Experian, the global information services company,
today announces the appointment of Mike Rogers, an independent
non-executive director of the Company, as Chairman of Experian plc,
effective from the conclusion of the Company's AGM on 24 July
2019.
Mike will succeed Don Robert who, as previously announced on 14
December 2018, had notified the Company of his intention to step
down as Chairman and as a Director.
Mike joined the Experian Board in July 2017 and has successfully
chaired the Remuneration Committee since July 2018. He is currently
a non-executive director of The Royal Bank of Scotland Group plc,
where he chairs the Group Sustainable Banking Committee and sits on
the Group Performance and Remuneration Committee. He is the
non-executive Chairman of Aegon UK, a life insurance, pensions and
asset management subsidiary of Aegon N.V. Mike was the Chief
Executive Officer of LV= Group, which grew significantly and was
successfully rebranded and transformed under his tenure, from 2006
until 2016. Before that, he spent 20 years at Barclays, latterly
leading its UK Retail Banking business.
The Nomination and Corporate Governance Committee undertook an
extensive and robust search process, using external consultants, to
identify the best possible candidate for the role of Chairman. The
process included the identification of key criteria required for
the role of Chairman, followed by the detailed assessment of a
broad and diverse range of external and internal candidates. The
Committee concluded that Mike Rogers was the outstanding candidate
and recommended his appointment to the Board.
Don Robert said: "I am delighted Mike has been chosen to succeed
me as Chairman. Experian has made tremendous progress in recent
years through investments to take advantage of technological
transformation and expansion in its addressable markets. The recent
results showed a year of considerable progress, with
ground-breaking new propositions and growth broadly spread across
several geographies, and this gives me great confidence in
Experian's future. I wish Mike every success as he sets out to lead
the Experian Board at this exciting time."
Experian plc's Deputy Chairman and Senior Independent Director,
George Rose, who, as Chairman of the Nomination and Corporate
Governance Committee, led the planned succession process, said:
"Mike has deep financial and regulatory experience at leading
organisations, and the Board believes he is the right cultural fit
to lead the Experian Board, and has strong credibility within the
business and with key stakeholders. We ran a thorough process to
ensure we identified the very best candidate to lead Experian, and
Mike is the unanimous choice of the Committee and the Board."
Mike Rogers said: "I am honoured to have been appointed as
Experian's Chairman. Experian is a great global business with a
clear growth strategy, high-performing culture and excellent
workforce. Don has done an outstanding job as Chairman over the
last five years, and previously as Chief Executive Officer, and I
look forward to working with the Board and the executive team on
the opportunities ahead as we successfully advance our strategic
agenda and address new markets."
Going forward, Mike will chair the Board's Nomination and
Corporate Governance Committee, and George Rose has been appointed
as Chairman of the Remuneration Committee, both with effect from
the conclusion of the AGM on 24 July 2019. Mike will remain a
member of the Remuneration Committee.
No disclosure obligations arise under paragraphs (1) to (6) of
LR 9.6.13 R of the UK Listing Authority's Listing Rules in respect
of this appointment.
Contact:
Experian
Nadia Ridout-Jamieson Investor queries +44 (0)20 3042 4215
Gerry Tschopp Media queries
Finsbury
Rollo Head +44 (0)20 7251 3801
Jenny Davey
About Experian
Experian is the world's leading global information services
company. During life's big moments - from buying a home or a car,
to sending a child to college, to growing a business by connecting
with new customers - we empower consumers and our clients to manage
their data with confidence. We help individuals to take financial
control and access financial services, businesses to make smarter
decisions and thrive, lenders to lend more responsibly, and
organisations to prevent identity fraud and crime.
We have 17,200 people operating across 44 countries and every
day we're investing in new technologies, talented people and
innovation to help all our clients maximise every opportunity. We
are listed on the London Stock Exchange (EXPN) and are a
constituent of the FTSE 100 Index.
Learn more at www.experianplc.com or visit our global content
hub at our global news blog for the latest news and insights from
the Group.
Neither the content of the Company's website, nor the content of
any website accessible from hyperlinks on the Company's website (or
any other website), is incorporated into, or forms part of, this
announcement.
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END
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