REG - Mobico Group PLC - Appointment of Chair

MobicoAnnouncement

27/03/2025 07:15

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RNS Number : 3877C  Mobico Group PLC  27 March 2025

 

27 March 2025

 

MOBICO GROUP PLC

 

Appointment of Chair

 

Mobico Group plc ("Mobico" or the "Company") is pleased to announce the
appointment of Phil White as Chair of the Board with effect from 1 May 2025
when, as previously announced, Helen Weir will now also leave the Board.

 

Phil has over 40 years' experience in the transport sector and has held a
range of non-executive roles across different industries. He was previously
CEO of National Express Group plc between 1997 and 2006(1), during which time
he expanded the business internationally and oversaw the transformational
acquisition of Alsa. He has also held a variety of board positions across the
wider transport industry, including Yorkshire Rider, Travel West Midlands,
Stagecoach, Shearings and Porterbrook.

 

Other previous non-executive roles include chairing Unite Group plc, Lookers
plc and Kier Group plc. Phil is currently Senior Independent Director at Vp
plc, the specialist equipment rental company, but will stand down from this
role on 30 June 2025.

 

Karen Geary, Mobico Senior Independent Director, commented: "We are delighted
that Phil will be joining the company. He brings considerable experience from
across the transport sector and chairing other leading UK listed businesses,
as well as his insight and knowledge from previously leading National Express
Group.

 

"We are certain to benefit from Phil's expertise as we focus on delivering on
a clear set of priorities, which includes strengthening the Group's balance
sheet and creating value across our portfolio of businesses. We would like to
thank Helen for her contribution during her time on Mobico's Board and we wish
her well in the future."

 

Phil White added: "Mobico has been through a period of significant change
since I led the business, but what remains the same is the valuable role that
public transport and the company play in society. I'm looking forward to
working with Mobico's Board, the Executive leadership and the wider team to
address the challenges and opportunities ahead as we focus on creating a
business that is fit for the future."

 

(1) National Express Group plc was renamed as Mobico Group plc in June 2023.
Mr White previously served as a Director of National Express plc from 1
January 1996 (and as Group CEO from 1997) to 11 September 2006. As his
involvement with the Group ceased in 2006, the Board of Directors considers Mr
White to be independent on appointment.

 

Enquiries

 

 Mobico Group  John Dean          Tel: +44 (0)121 803 2580
 Headland      Stephen Malthouse  Tel: +44 (0)7734 956 201

               Matt Denham        Tel: +44 (0)7551 825 496

               Antonia Pollock    Tel: +44 (0)7789 954 356

 

Notes

1.   Legal Entity Identifier: 213800A8IQEMY8PA5X34

 

2.   This announcement is made pursuant to UKLR 6.4.6R(1) - (4) and UKLR
6.4.8R of the UK Listing Rules and is classified as regulated information
under 3.1 of DTR 6 Annex 1R of the Disclosure Guidance and Transparency Rules

 

3.   No other details in relation to Mr White's appointment are required to
be disclosed in respect of Rule 6.4.8 of the UK Listing Rules.

 

 

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