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RNS Number : 8430W SAGA PLC 23 August 2022
23 August 2022
Saga further strengthens leadership in support of growth plan
Appointment of Independent Non-Executive Director, confirmation of Chief Data
Officer and new Chair of Cruise Board
Saga, the UK specialist in products and services for people over 50, today
announces three senior appointments to support the Group's growth strategy and
positioning as the superbrand for older people in the UK.
Anand Aithal will join the Board as an Independent Non-Executive Director on 1
September 2022. Anand has extensive non-executive experience from fintech,
insurance broking, asset management and accountancy. He also brings an
entrepreneurial perspective, having co-founded his own data analytics
business. Prior to this, he was a Managing Director at Goldman Sachs.
Additionally, Anand is currently Lead Non-Executive Board Member for the UK
Cabinet Office.
Further to the announcement on 5 July 2022 of the creation of the new role of
Chief Data Officer, Saga confirms that Michael O'Donohue has been appointed to
the Executive team. He will be focused on realising the potential in the way
Saga uses customer insight to enhance its commercial value. Michael joins from
Camelot, the operator of the National Lottery, where he is currently Chief
Data Officer. He has also held senior positions with Centrica and Tesco,
having previously been a consultant with McKinsey and Company. Michael will
join Saga on 3 October 2022.
Ian Simkins, currently the Chair of luxury villa specialist, The Thinking
Traveller, and of the Inside Travel Group which specialises in tailor-made
trips to Japan and Asia, will become the Chair of Saga's subsidiary Cruise
Board. Ian brings a wealth of experience from the travel and wider consumer
industries, and specifically from the luxury travel market, having previously
been the CEO of Audley Travel, where he grew turnover fivefold over seven
years. Previously he held senior positions at Tesco, TUI, British Airways and
Thomson Holidays. Ian will join the Cruise Board on 1 September 2022.
Sir Roger De Haan, Non-Executive Chairman of Saga, said:
"I am delighted to welcome Anand, Michael and Ian to Saga. I look forward to
working with them as we focus on delivering the next phase of our growth
strategy. They each bring extensive and relevant experience and expertise to
the Group at a time when the business is being reshaped towards a greater
focus on marketing, content and distribution."
Euan Sutherland, Chief Executive Officer of Saga, said:
"I look forward to working with all three of the new appointees as we focus on
delivering long-term, sustainable growth in the interests of all our
stakeholders. Their wide-ranging specialisms further strengthen the Group's
skillset at a time when we are rolling out our growth strategy and building
Saga into the superbrand for older people."
With regard to the appointment of the Non-Executive Directors, there is no
further information which would require disclosure under 9.6.13 of the Listing
Rules of the UK Listing Authority.
For further information please contact:
Saga plc
Euan Sutherland, Chief Executive Officer
Emily Roalfe, Head of Investor Relations Tel: 07732 093 007
Email: emily.roalfe@saga.co.uk (mailto:emily.roalfe@saga.co.uk)
Headland Consultancy
Susanna Voyle Tel: 07980 894 557
Will Smith Tel: 07872 350 428
Tel: 020 3805 4822
Email: saga@headlandconsultancy.com (mailto:saga@headlandconsultancy.com)
Notes to editors:
Saga is a specialist in the provision of products and services for people over
50. The Saga brand is one of the most recognised and trusted brands in the UK
and is known for its high level of customer service and its high quality,
award-winning products and services including cruises and holidays, insurance,
personal finance and publishing. www.saga.co.uk (http://www.saga.co.uk/)
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