Pennon Group PLC Directorate Change (4881O)
18 May 2018 - 1:57AM
UK Regulatory
TIDMPNN
RNS Number : 4881O
Pennon Group PLC
17 May 2018
PENNON GROUP PLC
17 May 2018
Directorate Change
The Board of Pennon Group plc announces that in line with
governance best practice, Martin Angle, Non-Executive Director and
chairman of the Remuneration Committee, who has been a Director for
nine years, will stand down from the Board on 31 December 2018. The
Board plans to make an announcement about a successor shortly.
In order to allow a period of continuity with a replacement,
Martin will stand for reappointment at the AGM on 5 July 2018.
Sir John Parker, Chairman of Pennon Group plc, said:
"I would like to thank Martin for his considerable contribution
to the Group's success and strong governance over the years. As
chairman of the Remuneration Committee, Martin has steered Pennon's
approach on executive remuneration, ensuring that it is supportive
of the Group's strategy, and played a key role in securing our
shareholders' overwhelming endorsement of our revised remuneration
policy last year."
For further information, please contact:
Director of Corporate Affairs } 01392 443
Sarah Heald & Investor Relations - Pennon } 401
James Murgatroyd 020 7251
Faeth Birch Finsbury 3801
www.pennon-group.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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