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GSK Gsk Plc

1,599.00
15.50 (0.98%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Gsk Plc LSE:GSK London Ordinary Share GB00BN7SWP63 ORD 31 1/4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  15.50 0.98% 1,599.00 1,599.50 1,600.50 1,600.00 1,575.00 1,579.50 5,149,016 16:35:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Pharmaceutical Preparations 30.33B 4.93B 1.1970 13.37 65.87B

GlaxoSmithKline Names RBS's Philip Hampton as Chairman

25/09/2014 8:57am

Dow Jones News


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By Ian Walker

LONDON--GlaxoSmithKline PLC (GSK.LN) confirmed Thursday Philip Hampton will become chairman, replacing Christopher Gent on Sept. 1, 2015.

The pharmaceuticals giant said Mr. Hampton, currently chairman of Royal Bank of Scotland Group PLC (RBS.LN), will join the company on Jan. 1 as non-executive director, become deputy chairman on April 1, 2015 and then non-executive chairman on Sept. 1.

He will be paid 85,000 pounds ($138,890) a year as non-executive director, GBP350,000 when he becomes deputy chairman, and GBP700,000 on his appointment as chairman. His salary will be paid in cash and shares.

Separately, the 80% government-owned bank confirmed that Mr. Hampton will leave "after a suitable successor is appointed."

"Sir Philip has served as chairman since February 2009 and his departure will be in line with his longstanding intention to serve in the role for between five and seven years," the bank said.

-Write to Ian Walker at ian.walker@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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