REG - Dar Global PLC - Director Resignation and Director Declaration

Dar GlobalAnnouncement

09/08/2023 16:15

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RNS Number : 8439I  Dar Global PLC  09 August 2023

 

9 August 2023

 

LEI: 213800XRFXQ1KEWACW80

 

Dar Global PLC

("Dar Global" or the "Company")

Director Resignation

and Director Declaration

Dar Global announces that Shivaraman Iyer stepped down from the Board as an
Executive Director of the Company with effect from 8 August 2023. Mr Iyer will
continue in his role as Chief Financial Officer of the Company and will also
remain part of the Company's executive management team.

Following the change, the Board will comprise David Hunter as Chair of the
Company, Maurice Horan and Richard Stockdale as Independent Non-Executive
Directors, Yousef Al-Shelash as a Non-Independent Director and Ziad El Chaar
as Chief Executive Officer. The Board consider the composition of the Board to
be appropriate to fulfil the current strategic and governance needs of the
business.

David Hunter, Chair of the Dar Global board comments:

"We are most grateful to Mr Iyer for his contribution to the Board since the
Company's incorporation. We are delighted that Mr Iyer will continue in his
role as Chief Financial Officer of the Company."

In addition, as announced by Custodian Property Income REIT plc ("CPI") on 9
August 2023, David Hunter has retired from his appointment as Chair of CPI
with effect from 8 August 2023.

 

 

 

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