REG - Paragon Grp Co PLC - Directorate Change <Origin Href="QuoteRef">PARA.L</Origin>

Paragon BankingAnnouncement

16/07/2015 12:52

RNS Number : 3544R
Paragon Group Of Companies PLC
26 June 2015
The Paragon Group of Companies PLC (the "Company")
Directorship Change
The Board of The Paragon Group of Companies PLC announce that with effect from 1 July 2015 Edward Tilly will retire from the Board.
On 19 May 2015 Ted Tilly signalled his intention to retire once a successful handover period for the role of Senior Independent Director had been achieved. This has now been completed and Ted will formally step down from the Board on the 1 July 2015, at which point Fiona Clutterbuck will become the Group's Senior Independent Director.
Ted has been a director of the Company since 2008, serving for over 2 years as Chairman of the Remuneration Committee, before becoming Senior Independent Director in July 2011.
Bob Dench, Chairman said "Ted's experience and wisdom have been invaluable and his presence on the Board will be sadly missed. On behalf of the Board, I thank Ted for his enormous contribution over the past seven years and wish him well for the future."
Enquiries:
Pandora Sharp, Company Secretary
0121 712 2075

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