Weir Group PLC Chair-Designate Appointed (6064K)
03 September 2021 - 04:00PM
UK Regulatory
TIDMWEIR
RNS Number : 6064K
Weir Group PLC
03 September 2021
Charles Berry to be succeeded by Barbara Jeremiah as Weir Group
Chair
The Weir Group PLC ("Weir" or "the Group") announces that
Charles Berry will retire as Chairman following the 2022 Annual
General Meeting (AGM), having completed his full nine-year term
with the Board.
The Board is pleased to announce the appointment of Barbara
Jeremiah as Chair-Designate, with immediate effect. Barbara will
succeed Charles as Chair at the conclusion of the Company's AGM,
currently scheduled for April 2022. Barbara has been Weir's Senior
Independent Director since 2020, having joined the Board in 2017.
Her previous experience includes more than 30 years with Alcoa
Inc., the global aluminium producer, where she was Executive Vice
President, Corporate Development and Chairman's Counsel.
Charles Berry commented : "It is an incredible privilege to
serve as Chairman of Weir, a business where my father spent much of
his career and a Group that I have had a life-long affection for.
Since joining the Board in 2013, and becoming Chairman in 2014,
Weir has successfully completed one of the biggest transformations
in its history and is now ideally placed to prosper in the decades
ahead, with a clear strategy and first-class leadership team.
I am also delighted that Barbara will be succeeding me. She is
an excellent choice for Chair, and personally, having served on the
Hampton-Alexander Review, it is also great to be handing the baton
on to the first woman to Chair Weir in the Group's 150-year
history."
The process of choosing the new Chair was led by Employee
Engagement Non-Executive Director Mary Jo Jacobi who said: "After a
comprehensive search and selection process the Board was unanimous
in viewing Barbara as the best choice for Chair-Designate. Barbara
has extensive and highly relevant international Executive and
Non-Executive experience alongside a deep passion for Weir and its
people."
Chair-Designate Barbara Jeremiah commented : "It is a privilege
to be appointed Chair-Designate of Weir as we celebrate our 150th
anniversary. I am honoured to succeed Charles who in all respects
has been an exemplary leader of our board. I look forward with
great enthusiasm to continue working with Jon Stanton, the Weir
team and the Board to chart our path forward as a global leader in
mining technology, creating value for all of our stakeholders"
Jon Stanton, Chief Executive, said: "Charles has been an
outstanding Chairman, providing constructive challenge and
incredible support during a period of significant change for the
business. His experience, wise counsel and commitment to the
highest standards of corporate governance have been vital in Weir's
success. I am also delighted with the appointment of Barbara
Jeremiah as Chair-Designate and I look forward to working with her
and the rest of the Board as we pursue the multi-decade growth
opportunities ahead of us."
Barbara Jeremiah biographical details:
A qualified lawyer, Barbara Jeremiah previously spent over 30
years in a number of roles with Alcoa Inc. (now demerged into Alcoa
and Arconic Inc.), the global aluminium producer. Her roles in
Alcoa included Executive Vice President, Corporate Development and
Chairman's Counsel. She also previously served as the Chairwoman of
Boart Longyear Limited and as a Non-Executive Director of Aggreko
plc, Premier Oil and Russel Metals.
Enquiries:
Media: Raymond Buchanan +44 (0) 141 308 3781
Citigate Dewe Rogerson: Chris +44 (0) 207 638 9571
Barrie / Kevin Smith Weir@citigatedewerogerson.com
-------------------------------
About The Weir Group PLC
Founded in 1871, The Weir Group PLC is one of the world's
leading engineering businesses with a purpose to make its mining
and infrastructure customers' operations more sustainable and
efficient. Weir's highly engineered technology enables critical
resources to be produced using less energy, water and waste while
reducing customers' total cost of ownership. The Group is ideally
positioned to benefit from structural trends that support long-term
demand for its technology including the need for more essential
metals to support economic development and carbon transition. The
Group has c.11,000 employees operating in over 60 countries with a
presence in every major mining region of the world. Find out more
at www.global.weir.
Weir's ordinary shares trade on the London Stock Exchange
(ticker: WEIR LN) and its American Depositary Receipts trade
over-the-counter in the USA (ticker: WEGRY).
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