REG - SSE Plc - Board Changes

SSEAnnouncement

25/05/2022 08:31

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RNS Number : 6836M  SSE PLC  25 May 2022

SSE plc

BOARD CHANGES

 

Appointment of New Non-Executive Director - John Bason

The Board of SSE plc is pleased to announce the appointment of John Bason as a
non-Executive Director, effective 1 June 2022, following a comprehensive
search and selection process.

John brings a wealth of experience from a distinguished executive and
non-executive career in global businesses, which will be invaluable to SSE as
it continues to expand to new international markets.

He will join SSE's Audit Committee on appointment and, in due course, it is
intended that he will succeed Peter Lynas as Audit Committee Chair, allowing
for a smooth handover as Peter Lynas enters the ninth year of his time on
SSE's Board in summer 2022. He will also join the Nomination Committee.

John served for more than a decade as a non-Executive Director on the Board of
FTSE-100 company, Compass Group PLC, which operates in around 45 countries and
where he chaired the Audit Committee for ten years. He is currently Chair of
FareShare, the UK's network of charitable food redistributors and a
non-Executive Director of Bloomsbury Publishing plc.

In his executive career, John has been Finance Director of Associated British
Foods plc, the diversified international food, ingredients and retail group
since 1999. The company employs 128,000 people and has operations in 53
countries across Europe, Asia, the Americas, Australia and Africa.

Each Director of SSE plc is subject to annual re-appointment and this new
appointment to the Board from 1 June 2022, will be the subject of a resolution
at SSE's Annual General Meeting 2022. Following this appointment, the Board of
SSE plc will comprise the Chair, three Executive Directors and nine
non-Executive Directors; and will comprise seven men and six women.

Looking ahead, the Board and Nomination Committee will continue to assess the
Board's composition with a view to ensuring it has the experience and skillset
required to deliver on SSE's significant growth potential in the transition to
net zero, taking account of shareholder views.

Sir John Manzoni, Chair of SSE plc, said:

"After a comprehensive search, we are delighted to add someone of John's
calibre and track record to the Board. His significant experience as a finance
director in major global companies means he has both the commercial acumen and
international perspective to provide constructive challenge and guidance as
SSE delivers its Net Zero Acceleration Programme, building on its position as
the UK's clean energy champion whilst bringing its low-carbon infrastructure
capabilities to new geographies."

SSE confirms this announcement is made in accordance with LR9.6.11R(1) with
no additional information required to be disclosed under the LR9.6.13R.

Planned changes to the Board

As part of the ongoing succession plan, Dame Sue Bruce, non-Executive
Director, will step down from the Board on 31 March 2023. Dame Sue joined the
Board in September 2013 and has played a key role in all aspects of the
Board's activity and deliberations, including in the roles of Remuneration
Committee Chair and non-Executive Director for Employee Engagement. Mel Smith,
who joined the Board as a non-Executive Director in January 2019 and serves on
the Remuneration Committee will take on the position as Remuneration Committee
Chair from 1 April 2023. Elish Angiolini, who joined the Board as a
non-Executive Director in September 2021 will take on the position as
non-Executive Director for Employee Engagement from the same date.

 

 

 

 

 Enquiries
 Investors  SSE Investor Relations  ir@sse.com (mailto:ir@sse.com)        Sally Fairbairn, Michael Livingston  +44 (0)345 0760 530
 Media      SSE Media               media@sse.com (mailto:media@sse.com)  Sam Peacock,                         +44 (0)345 0760 530

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