Berkeley Group Holdings (The) PLC Change in Board Responsibilities (3697L)
April 18 2018 - 10:40AM
UK Regulatory
TIDMBKG
RNS Number : 3697L
Berkeley Group Holdings (The) PLC
18 April 2018
18 April 2018
THE BERKELEY GROUP HOLDINGS PLC
CHANGE IN BOARD RESPONSIBILITIES
The Berkeley Group Holdings plc (the "Company" or "Berkeley")
announces the following changes to Board responsibilities and Board
Committee membership:
Glyn Barker is to be appointed Senior Independent Director
("SID") and Deputy Chairman of the Company, succeeding Sir John
Armitt. Glyn will also become a member of the Nomination
Committee.
Sir John, who has served on the Board since 2007, and as SID and
Deputy Chairman since 2012, will remain as a Non-executive Director
but will step down as a member of the Nomination and Remuneration
Committees.
The Board has also taken this opportunity to review and refresh
membership of its Committees in order to make best use of the
skills and experience our new Non-executive Directors bring to
Berkeley.
Peter Vernon is to be appointed as a member of the Remuneration
Committee;
Rachel Downey is to be appointed as a member of the Audit
Committee and Veronica Wadley steps down as a member of the Audit
Committee.
All the above changes are effective immediately.
Commenting on the changes, A W Pidgley CBE, Chairman of
Berkeley, said:
"I would like to thank Sir John Armitt for his significant
contribution to Berkeley as Senior Independent Director and Deputy
Chairman. Sir John's unrivalled experience in construction and
infrastructure and his independent challenge, continue to be of
significant value to the Board and we are delighted that he has
agreed to continue as a Non-executive Director."
"Glyn Barker has served on the Board since 2012 and has built
strong relationships with both Management and the other
Non-executive Directors. His knowledge of Berkeley, together with
his broad and extensive experience in finance and as a business
leader make him ideally suited to succeed Sir John in this
important role."
This announcement is made in accordance with LR 9.6.11 (3).
Gemma Parsons
Company Secretary
The Berkeley Group Holdings plc
Tel: 01932 868555
Enquiries:
Tim Robertson
Novella Communications
Tel: 020 3151 7008
LEI: 2138009OQSSLVVHQAL78
This information is provided by RNS
The company news service from the London Stock Exchange
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