REG - Severn Trent PLC - Severn Trent Plc Board Changes

Severn TrentAnnouncement

08/08/2022 09:15

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RNS Number : 2387V  Severn Trent PLC  08 August 2022

Severn Trent Plc - Succession Planning and Board Changes

The Board of Severn Trent Plc today announces that Philip Remnant, Independent
Non-Executive Director, member of the Nominations, Audit and Risk and Treasury
Committees, and Chair of the Remuneration Committee, will retire from the
Board on 30 November 2022, after serving nearly nine years.  Philip will be
succeeded as Chair of the Remuneration Committee by Sharmila Nebhrajani who
joined the Board as an Independent Non-Executive Director on 1 May 2020 and
who has been a member of the Remuneration Committee since 16 September 2021.

Philip Remnant will step down as a member of the Audit and Risk and Treasury
Committees on 1 September 2022.  Sharmila will also step down as a member of
the Audit and Risk Committee on 1 September 2022 and become Chair of the
Remuneration Committee on 30 November 2022.  She will remain a member of the
Corporate Sustainability and Nominations Committees.

Additionally, the Board is pleased to announce the appointment of Gillian
Sheldon as a member of the Remuneration Committee with effect from 1 September
2022 and as Chair of the Treasury Committee with effect from 1 November 2022.
Gillian joined the Board on 1 November 2021 as an Independent Non-Executive
Director and is a member of the Audit and Risk, Treasury and Nominations
Committees.

Commenting on Philip's retirement, Christine Hodgson, Chair, said,

"I would like to thank Philip very much for the significant contribution he
has made to Severn Trent during his time on the Board and in particular as
Chair of the Remuneration Committee. His expertise, professionalism and
commitment have been  greatly appreciated by the Board and the Company".

The Company confirms that there is no other information to be disclosed under
the requirements of Listing Rule 9.6.13R in relation to these appointments.

 

Enquiries

 Investors & Analysts
 Rachel Martin              Severn Trent Plc        +44 (0) 7824 624011
 Head of Investor Relations

 Media
 Jonathan Sibun             Tulchan Communications  +44 (0) 207 353 4200
 Press Office               Severn Trent Plc        +44 (0) 247 771 5640

 

 

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