REG - National Grid PLC - Board Change

National GridAnnouncement

11/12/2023 11:30

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RNS Number : 3587W  National Grid PLC  11 December 2023

11 December 2023

 

National Grid plc ('National Grid' or 'the Company')

Board Changes

 

National Grid is pleased to announce that Jacqui Ferguson will be joining its
Board as an independent Non-Executive Director with effect from 1 January
2024. Jacqui will be a member of the Audit & Risk Committee.

 

Jacqui will bring a broad perspective to the Board through her wealth of
knowledge in large-scale, growth-oriented technology environments across a
number of continents, industries and business functions. She is currently
Chair of Tesco Bank, Senior Independent Director and Chair of the Remuneration
Committee of Croda International plc, Deputy Chair of Engineering UK (a
charity focussed on the engineering and technology skills agenda) and Chair
of the Remuneration Committee and Non-Executive Director at John Wood Group
PLC. As announced today, she will be stepping down from the Board of John Wood
Group PLC following their AGM on 9 May 2024.

 

In welcoming Jacqui to the Board, Paula Rosput Reynolds, Chair of National
Grid, said: "As National Grid continues to invest in support of the energy
transition, Jacqui's varied professional background will make her an
invaluable advisor to our organisation.  She hails from a digital company
that went through transformation, has experience in energy development and
engineering, and is known for her collaborative style in the boardroom."

 

Jacqui commented "I am delighted to be joining the team at National Grid at a
time when the energy transition and how it is enabled is so important for all
stakeholders".

 

National Grid further announces that Liz Hewitt will be stepping down from the
Board on 31 January 2024.

 

Paula Rosput Reynolds said: "On behalf of the Board, I would like to thank Liz
for her years of service to the National Grid Board.  When Liz joined the
Board, she undertook a singularly comprehensive immersion in our Company, all
done virtually. She used this background to make important changes to the
Board's stewardship of controls and risk as Chair of the redefined Audit &
Risk Committee".

 

In accordance with 9.6.14R of the Listing Rules of the UK Financial Conduct
Authority ("LRs") Liz will be joining the board of Kerry Group plc as
Non-Executive Director with effect from 1 March 2024.

 

In accordance with the LRs there are no additional matters that would require
disclosure under 9.6.13R.

 

CONTACTS

Investors:

Nick Ashworth                   +44 (0)
7814 355590                 
                         

 

Media

Lyndsey Evans           +44 (0) 7714 672 052

 

Jacqui Ferguson biography

Jacqui is currently Chair of Tesco Bank, Senior Independent Director and Chair
of the Remuneration Committee of Croda International plc, and Deputy Chair of
Engineering UK, a charity focused on inspiring young people from all kinds of
background into engineering careers. She is also currently Chair of the
Remuneration Committee and Non-Executive Director at John Wood Group PLC but
will be stepping down from its Board post their AGM on 9 May 2024 and as Chair
of its Remuneration Committee on 1 January 2024. From 1 January 2024, Jacqui
will be joining the Board of Softcat plc as a Non-Executive Director.
Previously, she held several significant executive roles at Hewlett Packard
Enterprise, including SVP and MD. Prior to this, Jacqui held executive roles
at Electronic Data Systems, including Director of EMEA Strategic Business
Planning.

 

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