4 April 2024
Vistry Group
PLC
Directorate
Changes
The Board of Vistry Group PLC
("Company") announces two appointments to its Board of Directors:
firstly, a new Senior Independent Director and, secondly, a new
Non-Executive Director. It also announces that Chris Browne has
agreed to continue as a Non-Executive Director for up to one more
year.
Senior Independent Director
The Board is pleased to announce
that Rob Woodward will join Vistry's Board as the Senior
Independent Director with effect from the close of the Annual
General Meeting on 16 May 2024 ("AGM"). Rob has held leadership
positions across both the public and private sectors. He has been
Chair of the Met Office since 2018, a role he will relinquish later
this year after two terms. His experience includes over 10 years as
Chief Executive Officer of STV Group plc. He had previously been
Commercial Director at Channel 4 Television, Managing Director with
UBS Corporate Finance and lead partner for Deloitte's Telecoms,
Media & Technology Industry Group in Europe.
Rob is also currently Chair of Court
at Glasgow Caledonian University and Chair of listed marketing
analytics provider, Ebiquity plc. Until its recent delisting
he was Chair of technology company Blancco plc.
As previously announced, Greg
Fitzgerald will take up the new role of Executive Chair and CEO
with effect from the close of the AGM. In his position as Senior
Independent Director, Rob will have an enhanced role providing
additional oversight on governance matters, as well as a high level
of engagement with investors and other stakeholders. Further, Rob
will become Chair of the Nomination Committee, leading on the
recruitment of new Non-Executive Directors and, in conjunction with
the Executive Chair and CEO, oversee the succession planning of
executive management. He will also serve on the Audit Committee and
Remuneration Committee.
Non-Executive Directors
The Board is also pleased to
announce that Alice Woodwark will be appointed as a Non-Executive
Director with effect from the close of the AGM. Alice has been
Managing Director of Mitie Group plc's Communities division since
2021. She started her career with management consultancy McKinsey,
working extensively across the UK and US in the infrastructure,
transport, hospitality and retail sectors. Alice joined
Compass Group in 2013, serving as Group Head of Strategy and
M&A and subsequently in Managing Director positions for Compass
UK. Alice will serve from appointment as a member of the Nomination
Committee, Remuneration Committee and Audit Committee.
To ensure continuity on the Board
and allow more time to recruit a second Non-Executive Director,
Chris Browne has agreed to stay on as a Non-Executive Director for
up to one more year, having served on the Board since September
2014. She will continue to serve on the Nomination Committee,
Remuneration Committee and Audit Committee. As a consequence, Chris
will seek re-election as a Non-Executive Director at the
AGM.
Ralph Findlay OBE, Chair commented
"We are delighted to have recruited two new high calibre Directors
to the Board, in particular putting in place a strong Senior
Independent Director to bolster our Board governance. Rob and
Alice's respective experience in both the public and private
sectors will be hugely valuable as we continue to execute the
Group's Partnership strategy. We will continue our search for a
second Non-Executive Director and will update the market on our
progress with this appointment in due course."
There is no other information to be
disclosed pursuant to LR 9.6.13R in respect of Rob Woodward or
Alice Woodwark. As at the date of this announcement, neither
Rob nor Alice has any beneficial interests in the ordinary shares
of the Company.
Contacts:
Vistry Group PLC
Tim Lawlor, Chief Financial
Officer
Susie Bell, Group Investor Relations
Director
FTI Consulting
Richard Mountain / Susanne
Yule
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07469 287335
020 3727 1340
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Vistry Group PLC's legal entity identifier is
2138001KOWN7CG9SLK53.