River and Mercantile Group PLC Appointment of a new Chairman (4291Q)
12 September 2017 - 3:05AM
UK Regulatory
TIDMRIV
RNS Number : 4291Q
River and Mercantile Group PLC
11 September 2017
11 September 2017
LEI: 2138005C7REHURGWHW31
River and Mercantile Group PLC ("the Company") announces the
appointment of a new Chairman
River and Mercantile Group PLC ("the Company") is pleased to
announce that Jonathan Dawson will be appointed Chairman of the
Company, and will join the Board as a Director, with effect from 1
October 2017. Jonathan will join the Remuneration and Nomination
Committees of the Board.
Peter Warry, the current Acting Chairman, will step down as
acting chairman and will resume his role as Senior Independent
Director of the Board. As part of his long standing retirement
plan, Peter intends to retire from the Board at the end of
October.
Jonathan started his career in the Ministry of Defence before
joining Lazard, the investment bank, where he spent over 20 years.
He left Lazard in 2005 and cofounded Penfida Limited, the leading
independent corporate finance advisor to pension fund trustees.
Jonathan currently serves as a Non-Executive Director and Chair
of the Remuneration Committee of National Grid plc and Senior
Independent Director and Chair of the Audit and Risk Committee of
Jardine Lloyd Thompson Group plc. Jonathan is the Chairman of
Penfida Limited.
Jonathan previously served on the board of Next plc as Senior
Independent Director and Chair of the Remuneration Committee.
Peter Warry, Acting Chairman, today said:
"Following the death of Paul Bradshaw in January 2017, the
Nominations Committee has undertaken a rigorous process resulting
in the selection of Jonathan Dawson as Chairman. We are delighted
to have found someone whose skills, experience and values so
closely match the Company's requirements"
Mike Faulkner, CEO, today said:
"I am excited that we have been able to find an individual like
Jonathan to chair the Company, with such a wide breadth of skills.
In particular, his experience in financial services and pensions
will add greatly to an already strong board. "
Jonathan Dawson, today said:
"I am excited to be joining the River and Mercantile Group PLC
Board. I believe there are huge opportunities for the specialist
capabilities of the Group and I look forward to working with the
Board and management team as the business develops"
River and Mercantile Group PLC makes this announcement in
accordance with LR9.6.11R and LR 9.6.13R (1).
Sally Buckmaster - Company Secretary
River and Mercantile Group PLC
For further information please contact:
River and Mercantile Group PLC +44 (0)20 3327 510
This information is provided by RNS
The company news service from the London Stock Exchange
END
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