REG - Mobico Group PLC - Directorate Changes

MobicoAnnouncement

18/07/2023 07:00

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RNS Number : 2786G  Mobico Group PLC  18 July 2023

 

MOBICO GROUP PLC

 

Directorate Changes

 

 

Mobico Group plc ("Mobico" or the "Company") is pleased to announce the
appointment of Nigel Pocklington as an independent Non-Executive Director with
effect from 1 August 2023.

 

Nigel is currently Chief Executive Officer of Good Energy Group plc, the
renewable energy services company, and is also Senior Independent Director and
Remuneration Committee Chair at Kin and Carta plc, the global digital
transformation consultancy. He was previously Chief Commercial Officer at
Moneysupermarket.com Group plc and before that held a number of roles with
Expedia, the online travel company.

 

Matthew Crummack, currently Mobico's Senior Independent Director, will stand
down from the Board on 31 July 2023 having completed over eight years' service
as an independent Non-Executive Director.

 

Karen Geary (current independent Non-Executive Director and Chair of the
Remuneration Committee of Mobico) has been appointed Senior Independent
Director with effect from 1 August 2023.

 

Helen Weir, Chair of Mobico, commented: "I am delighted to welcome Nigel as a
Non-Executive Director. He has a strong track record in the travel sector, as
well as in transport electrification, green energy and sustainability matters.
Nigel brings a valuable strategic and commercial mindset and will add to the
Board's capabilities in relation to transformation and the digitisation of
Mobico. I look forward to working with him.

 

I would also like to take this opportunity to thank Matthew for his invaluable
contribution to the Company. He has had a considerable impact on Mobico during
his more than eight years on the Board. I have particularly valued his support
and advice during my first few months as Chair. We wish him all the best for
the future."

 

As part of the Company's succession planning, the Board has also commenced a
process to find a replacement for Mike McKeon as Chair of the Audit Committee.

 

Mike was appointed to the Board in July 2015 and will reach nine years of
service in July 2024. Mike has agreed to remain as Chair of the Audit
Committee until the Annual General Meeting in 2024 in order to ensure a smooth
and orderly transition of responsibilities to the new Chair of the Audit
Committee.

 

No other details in relation to Nigel's appointment are required to be
disclosed in respect of Rule 9.6.13 of the Listing Rules.

 

For further information, please contact:

Simon Callander

Company Secretary

+44 (0) 7795 232708

Gillian Saunderson

Deputy Company Secretary

+44 (0) 7471 142961

 

Notes

1.   Legal Entity Identifier: 213800A8IQEMY8PA5X34

2.   This announcement is made pursuant to LR 9.6.11R(1) - (4) and LR
9.6.13R of the Listing Rules and is classified as regulated information under
3.1 of DTR 6 Annex 1R of the Disclosure Guidance and Transparency Rules

 

 

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