Utilitywise plc Board Changes (1481Z)
13 December 2017 - 6:00PM
UK Regulatory
TIDMUTW
RNS Number : 1481Z
Utilitywise plc
13 December 2017
Utilitywise plc
("Utilitywise" or "the Company")
Board Changes
Utilitywise plc (AIM:UTW), a leading independent utility cost
management consultancy, today announces that Geoff Thompson,
Non-Executive Chairman, will step down from the Board of Directors
at the next Annual General Meeting of the Company.
Geoff has served on the Board for over 11 years. The CEO since
founding the Company in 2006, he became Executive Chairman in
October 2016 and moved to the role of Non-Executive Chairman in
April 2017.
Simon Waugh, who joined Utilitywise in November 2016 as Senior
Independent Director, will succeed Geoff as Non-Executive Chairman.
Simon has extensive experience in senior leadership roles,
including seven years between 1997 and 2004 on the executive
committee at Centrica plc as Sales & Marketing Director. He was
also the CEO of Centrica Financial Services in the early part of
his tenure, before later becoming Deputy Managing Director, British
Gas.
Kathie Child-Villiers, who was appointed as a Non-Executive
Director in February 2017, will replace Simon as Senior Independent
Director. Kathie's extensive career as a corporate finance advisor
to the energy sector in the UK, Europe and the US included eight
years as Managing Director, Resources and Energy Group at HSBC plc
Global Banking.
The Company also announces that Jeremy Middleton, who has served
as a Non-Executive Director since 2013, is stepping down from the
Board with effect from 13 December 2017.
Simon Waugh, Senior Independent Director and Chairman-elect,
commented:
"On behalf of the Board and everyone at Utilitywise, I would
like to thank Geoff for all that has been achieved under his
stewardship. Having founded the Company a little over a decade ago,
he built a significant business which now employs around 1,500
colleagues across multiple markets both in the UK and
internationally. I look forward very much to taking on the role of
Chairman, working closely with Brendan and his team as, building on
Geoff's legacy, the business evolves in 2018 and beyond.
The Board would also like to thank Jeremy for his contribution
over the last four years, which has been greatly appreciated, and
to wish both him and Geoff the very best for the future."
This announcement contains inside information for the purposes
of Article 7 of EU Regulation 596/2014
For further information
Utilitywise plc 0330 303 0233
Brendan Flattery (CEO)
Richard Laker (CFO)
finnCap (NOMAD and broker) 020 7220 0500
Matt Goode / Henrik Persson (Corporate
Finance)
Simon Johnson (Corporate Broking)
Liberum (Joint broker) 020 3100 2000
Robert Morton / Steve Pearce
Redleaf Communications 020 7382 4747
Robin Tozer / Elisabeth Cowell
Utilitywise is a leading independent utility cost management
consultancy, which has established trading relationships with a
number of major UK and European energy suppliers and provides
services to its customers designed to assist them in achieving
better value out of their energy contracts, reduced energy
consumption and lower carbon footprint.
Utilitywise is a UK company quoted on the AIM market of the
London Stock Exchange. For more information, please visit
www.utilitywise.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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