REG - DFI Retail Group - Company Board Changes

DFI Retail groupAnnouncement

16/07/2024 11:00

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RNS Number : 6030W  DFI Retail Group Holdings Ltd  16 July 2024

DFI RETAIL GROUP HOLDINGS LIMITED

 

COMPANY BOARD CHANGES

 

 

DFI Retail Group Holdings Limited (the 'Company') is pleased to announce the
following changes to the Board, with effect from 22 July 2024:

 

John Witt will be appointed as Chair of the Board of the Company. He will
succeed Ben Keswick who will step down as Chair. John will be appointed as
Chair of its Remuneration and Nominations Committees while Ben will step down
from the same Committees. Ben will remain as a Non-Executive Director of the
Company.

 

At the same time, Graham Baker will join the Board of the Company as a
Non-Executive Director and will step down from the Remuneration Committee,
while Adam Keswick will step down as a Non-Executive Director of the Company
and from the Nominations Committee.

 

Christian Nothhaft, an Independent Non-Executive Director of the Company, will
be appointed as a member of the Company's Remuneration and Nominations
Committees.

 

Commenting on these changes, Ben Keswick, current Chair of the Company said:

 

"These changes are part of ongoing initiatives across the Jardines group to
enhance governance. We will continue to strengthen the composition of the
Company's Board and its Committees, improving decision making and bringing in
relevant expertise to support management as they execute their strategy and
build long-term shareholder value.

 

I would like to welcome Graham to our Board and Christian to our Committees.
Together, Graham and Christian bring extensive functional and industry
expertise, respectively, which will benefit our Board. I would also like to
thank Adam for his service to the Board."

 

Graham Baker joined the Board of Jardine Matheson Holdings Limited as Group
Finance Director in 2020. He was an Executive Director and Chief Financial
Officer of Smith+Nephew in the United Kingdom from 2017 to 2020 and prior to
that, worked for 20 years for AstraZeneca PLC in a range of finance roles.

 

In connection with the above Board appointment, the Company advises that
Graham has held directorships in the following listed companies in the past
five years:

 

 Jardine Matheson Holdings Limited  Executive Director  June 2020 to date
 Smith+Nephew                       Executive Director  March 2017 to May 2020

 

 

Jonathan Lloyd, Jardine Matheson Limited

For and on behalf of DFI Retail Group Holdings Limited

 

16 July 2024

 

www.DFIretailgroup.com

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