REG - abrdn PLC - Directorate Change

AberdeenAnnouncement

06/08/2021 13:00

RNS Number : 8650H
  
abrdn PLC
  
06 August 2021
  
 

abrdn plc
 
Directorate changes
 
The Board of abrdn plc announces that Hannah Grove will be appointed as a Non-Executive Director on 1 September 2021 and that Melanie Gee, taking account of her recent appointment as chair of Grosvenor Britain and Ireland, will stand down from the Board at the conclusion of her second three-year term of appointment on 31 October 2021.
 
Hannah brings more than 20 years of experience operating in a global financial institution in leadership positions in marketing and communications.  Prior to her retirement in November 2020, she served as Chief Marketing Officer (CMO) for State Street, responsible for teams delivering brand, reputation, business and product marketing, social media, digital marketing and client experience.  Before becoming CMO, Hannah served as SVP and head of Global Corporate Communications for State Street, with responsibility for media relations, employee and executive communications.  As CMO, she was a member of State Street's Management Committee, at the time its senior-most strategy and policymaking team.  During her career at State Street, Hannah served on the Company's Business Conduct and Risk and Conduct Standards Committees, co-chaired its Talent Council charged with senior executive promotions and led a number of employee networks and diversity initiatives. She also served as a board member for State Street Hangzhou, its China legal entity.
 
Once Melanie has stood down, Hannah will succeed her as the Board Employee Engagement designated NED and she will be appointed a member of the Nomination and Governance Committee. 
 
Commenting on these changes, Sir Douglas Flint, Chairman of abrdn plc, said: 
 
"On behalf of the Board and the whole company, I would like to take this opportunity to thank Melanie for her outstanding service to the Board, recognising she will be with us for another three months.  During her tenure on the Board, she has played a key part in the Board's discussions of transactions which delivered fundamental change to the structure and future direction of the Group.  In particular, Melanie was our first Board Employee Engagement designated NED and her enthusiasm for and commitment to that role has made sure that our employee engagement processes and output deliver their objectives.  We wish Melanie the very best when she moves forward to the next stage of her career.
 
I am very pleased to welcome Hannah to our Board.  Her direct experience across brand, client experience, business and digital marketing and communications strategies will be of great value to our discussions".
 
Following these changes, the Board will comprise two executive directors, eight non-executive directors and the Chairman.  The Board will be made up of five women and six men.  The Financial Conduct Authority and the Prudential Regulation Authority have been notified of these changes.  Hannah's other appointments are listed below and no other information is required to be disclosed pursuant to paragraph LR 9.6.13R of the Listing Rules of the Financial Conduct Authority.
 
6 August 2021




 
Enquiries:
 



Media
Andrea Ward


 
+44 (0) 7876 178 696




Institutional Equity Investors
Catherine Nash


 
+44 (0) 7798 518 657




Group Secretariat
Paul McKenna


 
+44 (0) 7736 853 801



LEI number of abrdn plc: 0TMBS544NMO7GLCE7H90
 
Classification: 3.1. Additional regulated information required to be disclosed under the laws of the United Kingdom.
 
END
 
Notes to Editors
 
Hannah Grove
 
Non-Executive Director's Fee
Hannah's fee as a Non-Executive Director of abrdn plc will be £73,500 per annum.  Her fee as the designated Board Employee Engagement NED will be £15,000 and her fee as a member of the Nomination and Governance Committee will be £10,000.
 
Interest in shares
As at the date of her appointment, Hannah does not hold any shares in abrdn plc.



 
Biographical details:


 




Nationality:


UK and American












 




Executive Career summary:


 












 




1998 - 2020
2020- June 2021
 
2008 - 2020
 
2002 - 2008
 
 
1998 - 2002


State Street
Senior Adviser
 
EVP & Chief Marketing Officer and Member, Management Committee
SVP, Head of Global Corporate Communications
 
Various Public Relation and Communications Roles


 












 




Other Roles
2019 - Current
 
 
2020 - current
 
 
2020 - current
 
 
2021
 


 
Boston Public Library Fund
Board member
 
Women's Business Collaborative
Advisory Board member
 
Reboot 
Advisory Board member
 
Project Bread
Advisory Council Member


 









 

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