REG - Brown (N.) Group PLC - Directorate Change <Origin Href="QuoteRef">BWNG.L</Origin>

N BrownAnnouncement

13/06/2017 07:06

RNS Number : 8586H
Brown (N.) Group PLC
13 June 2017
13th June 2017
N Brown Group plc ("N Brown")
DIRECTORATE CHANGE - CHAIRMAN
N Brown Group Plc announces that, after serving nearly five years as Chairman, Andrew Higginson has informed the N Brown Board that he intends to step down in order to pursue opportunities in Private Equity. 
Senior Independent Director Ron McMillan is leading the process to identify and appoint a new Chairman. Andrew will remain in his position as Chairman during the search for his replacement, and through an orderly handover period. 
Andrew Higginson, Chairman, said: "I have thoroughly enjoyed my time at N Brown. It has been a privilege to Chair the company through a period of transformation to a digital business. Angela has established a strong and capable team, the benefits of which are now visible. I am stepping down in order to free up capacity to pursue opportunities within Private Equity in my portfolio, but I look forward to following the progress of the company in the coming years and wish the business every success." 
Angela Spindler, CEO, said: "I would like to thank Andy for his support and advice since my appointment as CEO almost four years ago. Andy has led the Group during a period of significant transformation and his dedication and insight have made a significant contribution to this process. I have very much enjoyed working with him. I look forward to welcoming and working with a new Chairman in due course."
For furtherinformation:
N BrownGroup
Bethany Hocking, Director of Investor Relations and Corporate Communications
0161 2381845 / 
07887 536 153
Website:www.nbrown.co.uk

MHPCommunications
Simon Hockridge / GinaBell
 0203 1288139

NBrown@mhpc.com

This information is provided by RNS
The company news service from the London Stock Exchange
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