REG - Sage Group PLC - Chairman Retirement

SageAnnouncement

27/08/2020 07:00

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RNS Number : 2609X  Sage Group PLC  27 August 2020

 

 

The Sage Group plc

27 August 2020

 

Chairman retirement

 

The Sage Group plc ("Sage") announces that Sir Donald Brydon has indicated his
intention to retire from his role as Chairman of Sage, and step down from the
Board, in September 2021. When he steps down Sir Donald will have served as
Sage's Chairman for nine years. His retirement aligns with the Board
succession plan and good corporate governance practice, including the UK
Corporate Governance Code requirement for a chair to step down after nine
years on the board.

 

The Nomination Committee will establish a process, led by the Senior
Independent Director Drummond Hall, to identify and appoint his successor in
due course.

 

There are no further disclosures required for the purposes of Listing Rule
9.6.11.

 

Enquiries

The Sage Group plc.

+44(0) 191 294 3457

James Sandford, Investor Relations

Amy Lawson, Media

Vicki Bradin, Company Secretary and General Counsel

 

FTI Consulting

+44(0) 20 3727 1000

Charles Palmer

Dwight Burden

 

About Sage

Sage is the global market leader for technology that provides small and medium
businesses with the visibility, flexibility and efficiency to manage finances,
operations and people. With our partners, Sage is trusted by millions of
customers worldwide to deliver the best cloud technology and support. Our
years of experience mean that our colleagues and partners understand how to
serve our customers and communities through the good, and more challenging
times. We are here to help, with practical advice, solutions, expertise and
insight.

 

ENDS

 

 

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