SIG PLC Appointment of new Non-Executive Director (1934N)
28 January 2021 - 8:00PM
UK Regulatory
TIDMSHI
RNS Number : 1934N
SIG PLC
28 January 2021
28 January 2021
SIG plc (Incorporated in England and Wales)
Company Number: 00998314
LSE Share Code: SHI
LEI: 213800VDC1BKJEZ8PV53
Appointment of Non-Executive Director and Chair of Audit
Committee
SIG plc ("SIG", "the Group" or "the Company") , a leading
supplier of specialist building solutions to trade customers across
Europe, is pleased to announce the appointment of Shatish Dasani as
a Non-Executive Director and Chair of the Audit Committee with
effect from 1 February 2021. He will also be a member of the
Nominations and Remuneration Committees. Shatish will replace Ian
Duncan who will be stepping down as Non-Executive Director and
Chair of the Audit Committee with effect from 31 January 2021. Ian
had informed the Board last year that he was looking to reduce his
work commitments and planned to retire from his role at the Company
as soon as a successor could be appointed.
Shatish is currently a Non-Executive Director and Chair of the
Audit & Risk Committee of Renew Holdings plc, and Trustee and
Interim Chair of Unicef UK. He has also been appointed as a
Non-Executive Director and Chair of the Audit & Risk Committee
of Speedy Hire Plc with effect from 1 February 2021.
Shatish has over 20 years' experience in senior public company
finance roles across various sectors including building materials,
advanced electronics, engineering, general industrial, business
services, construction and infrastructure. He was previously the
Chief Financial Officer of Forterra plc and TT Electronics plc, and
was also an alternate Non-Executive Director of Camelot Group plc
and Public Member at Network Rail plc.
Andrew Allner, Chairman, commented, "We are delighted that
Shatish will be joining SIG's Board. He is an experienced senior
public company finance professional and Chair of Audit Committee.
He has strong international experience across several sectors
including industrial, building materials, technology, construction
and infrastructure. Shatish has a proven track record of driving
shareholder value which will be invaluable as we seek to return the
Company to profitable growth.
"On behalf of the Board I would like to thank Ian for his
dedication and commitment over the last four years and for his help
in navigating the Company through some challenging times. The Board
wishes Ian all the best for the future."
There are no further details to be disclosed for Shatish in
respect of Listing Rule 9.6.13.
Contacts
+44 (0) 114 285
SIG plc 6300
Andrew Allner, Chairman
Steve Francis, Chief Executive
Officer
FTI Consulting +44 (0) 7909 684466
Richard Mountain
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