REG - Severn Trent PLC - ST Plc - Appointment of Non-Executive Director

Severn TrentAnnouncement

18/03/2024 07:00

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RNS Number : 1443H  Severn Trent PLC  18 March 2024

Severn Trent Plc - Appointment of Non-Executive Director

The Board of Severn Trent Plc (the "Company") is pleased to announce that
Richard Taylor has been appointed as a Non-Executive Director of the Company
with effect from 1 April 2024.

Richard has also been appointed as a member of the Treasury, Remuneration,
Audit and Risk and Nominations Committees. Richard will succeed Gillian
Sheldon as Chair of the Treasury Committee upon her retirement from the Board
on 14 May 2024 in order to focus on her executive commitments, following her
appointment as Managing Director and Vice-Chair of the UK investment banking
division at Morgan Stanley. Richard has also been appointed to the Board of
Severn Trent Water Limited.

Richard brings extensive financial experience to the Company gained through
his career in investment banking.  He is currently Chair of Greenhill &
Co International.  Greenhill is an investment bank focused on providing
financial advice globally on significant mergers and acquisitions,
restructuring, financing and capital advisory to companies and other
organisations. Greenhill was acquired by, and became part of, Mizuho
Financial Group in 2023.  Prior to joining Greenhill in 2020, Richard was
Chairman of Global Corporate and Investment Banking at Barclays Plc, where he
had been since 2011. Prior to joining Barclays, Richard spent nearly 11 years
at Bank of America Merrill Lynch, where he was Head of UK and Ireland
Corporate and Investment Banking.

Richard brings experience of organisations with strong social purpose, in
particular through his roles as Trustee of Teach First and Board member of The
Sutton Trust.  Richard holds an engineering degree and is a Fellow of the
Institute of Chartered Accountants of England and Wales.

Commenting on the appointment, Christine Hodgson, Chair, said, "On behalf of
the entire Board, I look forward to welcoming Richard to Severn Trent. His
extensive experience and strong belief in the positive role that businesses
should play in society and for the environment, will help to ensure that we
continue to build upon the excellent progress we have made in delivering for
our customers, shareholders, employees, and the communities we serve."

Richard Taylor said, "I am absolutely delighted to have been appointed as a
Director of Severn Trent.  I look forward to working with the Board and an
exceptional team of colleagues to shape this important next chapter;
delivering outstanding services for customers, sustainable shareholder value,
and an enduring positive impact on the environment and society."

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.

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

 Andy Farrell                Severn Trent Plc  +44 (0) 7989 390825
 Investor Relations Manager

 Media
 Press Office                Severn Trent Plc  +44 (0) 247 771 5640

 Jonathan Sibun              Teneo             +44 (0) 207 353 4200

 

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