REG - RWS Holdings PLC - Directorate Change

RWS HoldingsAnnouncement

02/10/2023 07:00

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RNS Number : 2677O  RWS Holdings PLC  02 October 2023

 

For immediate
release
2 October 2023

 RWS Holdings plc

Update on Board Changes

 

RWS Holdings plc ("RWS" or "the Group"), a unique world-leading provider of
technology-enabled language, content and intellectual property services,
confirms that Julie Southern has been appointed Independent, Non-executive
Chairman, as was anticipated by the announcement on 27 July 2022. Having
stepped down as Chairman, Andrew Brode will remain on the Board as a
Non-executive Director.

Julie Southern has served as a Non-executive Director and Chairman Designate
of RWS as part of the Group's succession planning since July 2022. In her new
role, she will also chair the Nomination Committee but will step down from the
Group's Audit Committee in line with corporate governance best practice. Julie
brings a wealth of business, strategic and governance experience from her
current and previous Non-executive Director roles. She is currently Chair of
the Board of NXP Semiconductors, where she has been a Non-executive Director
since 2013 and is also a Non-executive Director at Ocado Group.

Ian El-Mokadem, Chief Executive Officer of RWS, commented:

"Andrew has been fundamental to RWS's success since leading a buyout in 1995.
He has overseen a series of significant milestones, from listing the Group on
AIM in 2003 to overseeing tremendous growth in revenues and profits, driven
both by the underlying business and a series of acquisitions. Without his
dedication to the Group, we would not have achieved our market leading
position. The Board, and everyone at RWS, owes Andrew a huge debt of gratitude
for his contributions over many years. We look forward to continuing to
benefit from his wise counsel as a Non-executive Director.

As we look to the future, we welcome Julie Southern as our Chairman. Her
leadership, strategic and governance experience will ensure that we are well
positioned to deliver on our medium-to-long term objectives."

For further information, please contact:

 RWS Holdings plc

 Ian El-Mokadem, Chief Executive Officer

 Candida Davies, Chief Financial Officer                01753 480200

 MHP (Financial PR Advisor)                             rws@mhpc.com (mailto:rws@mhpc.com)

 Katie Hunt / Eleni Menikou / Catherine Chapman         020 3128 8100

                                                        07884 494 112

 Numis (Nomad & Joint Broker)

 Stuart Skinner / Kevin Cruickshank / Will Baunton      020 7260 1000

 Berenberg (Joint Broker)

 Ben Wright / Toby Flaux / Alix Mecklenburg-Solodkoff   020 3207 7800

About RWS
RWS Holdings plc is a unique, world-leading provider of technology-enabled
language, content and intellectual property services. Through content
transformation and multilingual data analysis, our combination of AI-enabled
technology and human expertise helps our clients to grow by ensuring they are
understood anywhere, in any language.

 

Our purpose is unlocking global understanding. By combining cultural
understanding, client understanding and technical understanding, our services
and technology assist our clients to acquire and retain customers, deliver
engaging user experiences, maintain compliance and gain actionable insights
into their data and content.

 

Over the past 20 years we've been evolving our own AI solutions as well as
helping clients to explore, build and use multilingual AI applications. With
40+ AI-related patents and more than 100 peer-reviewed papers, we have the
experience and expertise to support clients on their AI journey.

 

We work with over 80% of the world's top 100 brands, more than three-quarters
of Fortune's 20 'Most Admired Companies' and almost all of the top
pharmaceutical companies, investment banks, law firms and patent filers. Our
client base spans Europe, Asia Pacific and North and South America. Our 65+
global locations across five continents service clients in the automotive,
chemical, financial, legal, medical, pharmaceutical, technology and
telecommunications sectors.

Founded in 1958, RWS is headquartered in the UK and publicly listed on AIM,
the London Stock Exchange regulated market (RWS.L).

For further information, please visit: www.rws.com (http://www.rws.com)

 

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