Admiral Group PLC Admiral Group Plc : Directorate Change
June 16 2015 - 5:22AM
UK Regulatory
TIDMADM
Admiral Group plc ("Admiral")
Following receipt of regulatory approval, the Board of Admiral is
pleased to announce the appointment of Manning Rountree as an
independent non-executive director with effect from 16 June 2015.
Manning will also join the Risk Committee on appointment.
Manning Rountree is a senior executive at White Mountains Insurance
Group Ltd., a publicly-traded, Bermuda-domiciled holding company for
insurance and financial services interests around the world, where he
oversees transactions, mergers and acquisitions and new business
development. Until recently, he also served as President of White
Mountains Advisors, the company's in-house asset management operation.
Prior to joining White Mountains in 2004, Manning was a consultant at
McKinsey & Company, focused on the insurance, asset management and
financial services sectors. He was also the Director of Corporate
Development for Putnam Investments, a Boston-based asset management
company.
Alastair Lyons, Admiral Group Chairman, said: "Now that Admiral has both
developing auto insurance and price comparison businesses in the United
States I am delighted that someone of Manning's experience in the US
insurance sector has agreed to join our Group Board. We already much
value his input as a member of the Board of compare.com, our US price
comparison business in which White Mountains has an investment."
There is no further information which would require disclosure under
9.6.13R of the Listing Rules of the UK Listing Authority.
For any further information, please contact:
Karen Maguire - Head of Investor Relations - 02920 434 384
James Carnduff - Senior Communications Officer - 02920 434232
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Admiral Group PLC via Globenewswire
HUG#1928774
http://www.admiralgroup.co.uk
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