Man Group plc Change to Chairmanship of Remuneration Committee (5711R)
June 30 2015 - 2:01AM
UK Regulatory
TIDMEMG
RNS Number : 5711R
Man Group plc
30 June 2015
Change to Chairmanship of Remuneration Committee
London, 30 June 2015 - Man Group today announces that Phillip
Colebatch, Senior Independent Director, will resume the role of
Chairman of the Remuneration Committee from 1 July 2015, replacing
John Cryan who took on the role from Mr Colebatch in May 2015. This
reflects the change in Mr Cryan's circumstances following the
announcement of his appointment as Co-Chief Executive Officer of
Deutsche Bank with effect from July 2015. Mr Cryan will continue to
serve as a non-executive director of Man Group and as a member of
the Nomination Committee but he will no longer be a member of the
Remuneration Committee.
Man Group is currently undertaking a search to appoint an
additional non-executive director to take up the role of
Remuneration Committee Chair.
Phillip Colebatch was appointed to the Board as a non-executive
director in September 2007 and is the Senior Independent Director.
John Cryan was appointed to the Board as a non-executive director
in January 2015.
***
Ends
Enquiries
Fiona Smart
Head of Investor Relations
+44 20 7144 2030
fiona.smart@man.com
Rosanna Konarzewski Finsbury
Global Head of Communications James Bradley / Michael Turner
+44 20 7144 2078 +44 20 7251 3801
rosanna.konarzewski@man.com ManGroupUK@RLMFinsbury.com
media@man.com
About Man Group
Man Group is one of the world's largest independent alternative
investment managers, and a leader in high-alpha, liquid investment
strategies. Across its four investment managers (Man AHL, Man FRM,
Man GLG and Man Numeric), Man Group has a diverse offering in hedge
funds and long only products spanning equity, credit, managed
futures, convertibles, emerging markets and multi-manager
solutions. At 31 March 2015, Man Group's funds under management
were $78.1 billion.
The original business was founded in 1783. Today, Man Group plc
is listed on the London Stock Exchange under the ticker EMG.L and
is a constituent of the FTSE 250 Index.
Man Group also supports many awards, charities and initiatives
around the world, including sponsorship of the Man Booker literary
prizes. Further information can be found at www.man.com.
Important Information
The content of the website referred to in this announcement is
not incorporated into and does not form part of this announcement.
Nothing in this announcement should be construed as or is intended
to be a solicitation for or an offer to provide investment advisory
services.
The source of all information is Man Group plc and its
affiliates as at 30 June 2015.
This press release has been sent by a member of the Man Group
("Man"). Man's parent company, Man Group plc, is registered in
England and Wales (company number 08172396) at Riverbank House, 2
Swan Lane, London, EC4R 3AD.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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