Severn Trent PLC Notification of Board Changes (3300Z)
May 26 2016 - 02:01AM
UK Regulatory
TIDMSVT
RNS Number : 3300Z
Severn Trent PLC
26 May 2016
26 May 2016
Severn Trent Plc - Notification of Board Changes
The Board of Severn Trent plc, the UK's leading provider of
water and waste water services, today announces the following Board
and Board Committee changes.
With effect from the Annual General Meeting ("AGM") of the
Company on 20 July 2016 two of our Non-Executive Directors, Martin
Lamb and Gordon Fryett will be stepping down from the Board, having
served eight years and seven years respectively. Martin is the
Senior Independent Non-Executive Director and Gordon is Chair of
the Corporate Responsibility Committee. Martin and Gordon will
therefore not be submitting themselves for re-appointment at the
AGM, but resolutions will be put to the AGM in respect of their
successors, Kevin Beeston and Dominique Reiniche, as detailed
below.
Kevin Beeston will join the Board as a Non-Executive Director
and will become a member of the Audit, Remuneration and Nominations
Committees with effect from 1 June 2016. He will succeed Martin as
the Senior Independent Director on 20 July 2016. Kevin is Chairman
of Taylor Wimpey plc and Equiniti plc and also a Non-Executive
Director of The Football Association Premier League Limited. He has
previously been Chairman of Serco Group plc, Domestic & General
Limited and Partnerships in Care Limited and a Non-Executive
Director of IMI plc.
Dominique Reiniche will join the Board as a Non-Executive
Director and will become a member of the Corporate Responsibility
and Nominations Committees with effect from 20 July 2016. Dominique
is Independent Vice Chairman of CHR Hansen Holdings A/S and also a
Non-Executive Director of Mondi Plc, Paypal (Europe) and AXA SA.
After holding senior roles with Procter & Gamble and
Kraft-Jacobs Suchard, she has previously been President - Western
Europe of Coca-Cola Enterprises, President - Europe and Chairman -
Europe of Coca-Cola Company, a Non-Executive Director of
Peugeot-Citroen SA and Vice Chairman of FoodDrinkEurope.
Dr. Angela Strank will succeed Gordon as Chair of the Corporate
Responsibility Committee on 20 July 2016.
Andrew Duff, Chairman said:
"I would like to thank both Martin and Gordon for their
extremely valuable contribution and commitment to the Board during
their tenure. I am delighted that Kevin and Dominique have agreed
to join the Board as Non-Executive Directors. Their wide ranging
experience will be a complementary addition to the Board's existing
skill set."
The Company confirms that there is no information about Kevin
Beeston or Dominique Reiniche requiring disclosure under paragraph
9.6.13 (1) to (6) of the Listing Rules of the UK Listing
Authority.
For further information please contact:
Ruban Chandran, Head of Investor Relations:
- 07957 166 615
- ruban.chandran@severntrent.co.uk
David Lloyd-Seed / Jonathan Sibun, Tulchan Communications:
- 0207 353 4200
This information is provided by RNS
The company news service from the London Stock Exchange
END
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