REG-Capita PLC: Directorate Change <Origin Href="QuoteRef">CPI.L</Origin>

CapitaAnnouncement

02/03/2017 07:05

Capita Board Update

Capita plc (Capita), a leading UK provider of technology-enabled business
process and customer management services, today announces that its Chief
Executive, Andy Parker, is to step down from the Group Board and leave the
Company later this year, to pursue the next phase of his career once a process
to select a successor has been completed. Andy has contributed strongly to the
Company over the last 16 years and played a key role in leading Capita, as
Chief Executive, for the past three years and through the challenges of 2016.
The Board is commencing a process to select a new CEO and, in the meantime,
Andy will continue in his current role and at the appropriate time facilitate
a smooth transition.

Sir Ian Powell, Chairman, said:

"In the short time I have been a member of the Capita Board and in my role as
Chairman since 1 January 2017, I have worked closely with Andy. He has made a
significant contribution throughout his career at Capita and been instrumental
in building the software, technology, and digital capabilities of the Company.
In addition, under Andy’s tenure, Capita has recently moved into the
customer management market in Germany and Switzerland.  Andy’s dedication
to the Company remains strong and he will actively support the Board in the
process to identify a successor."

Andy Parker, Chief Executive said:

"It is a huge privilege to lead all the talented, hardworking, and
enthusiastic people at Capita. The Group's past and continued success is due
to their efforts and commitment. 2016 has been a difficult year for Capita but
the Company is now a simpler, more focussed group with a clear service
offering and growth strategy, and a plan to achieve a stronger balance sheet.
We have achieved a great deal but going forward it is time for a new leader to
take Capita through the next steps to renewed and sustainable organic
growth.”

-ends-

Notes for Announcement:

1. Details of Andy Parker’s remuneration arrangements will be disclosed on
the Company’s website in accordance with the Companies Act 2006 in due
course.

2. Capita also announces its 2016 Final Results Statement today.

 Capita plc                                                  Tel: +44 (0)20 7654 2387  
 Shona Nichols, Executive Director Corporate Communications                            
 Andrew Ripper, Head of Investor Relations                                             
 Capita press office                                         Tel: +44 (0)20 7654 2399  
 Powerscourt                                                 Tel: +44 (0)20 7250 1446  
 Victoria Palmer-Moore                                                                 
 Peter Ogden                                                                           
 Andy Jones                                                                            

About Capita

Capita is a leading UK provider of technology enabled customer and business
process services and integrated professional support services. With 73,000
people at over 450 sites, including 98 business centres across the UK, Europe,
India and South Africa, Capita uses its expertise, infrastructure and scale
benefits to transform its clients' services, driving down costs and adding
value. Capita is quoted on the London Stock Exchange (CPI.L), with 2016
underlying revenue of £4.9 billion. Further information on Capita can be
found at: http://www.capita.com



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