REG - STV Group PLC - Directorate change and new Board ESG Committee

STVAnnouncement

22/05/2023 07:00

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RNS Number : 1158A  STV Group PLC  22 May 2023

 STV Group plc

LEI: 21380075GOOTTBDNDJ58

 22 May 2023

Directorate change and establishment of new Board ESG Committee

 

Non-Executive Director Appointment

STV Group plc ('Company' or 'STV') announces that Naomi Climer CBE has been
appointed to the Board as an Independent Non-Executive Director with effect
from 30 May 2023.  Naomi has also been appointed as Chair of the Remuneration
Committee and a member of the newly constituted Environmental, Social and
Governance Committee (see below).

 

In addition to a successful career in broadcast, media, engineering and
technology, Naomi brings significant plc Board experience as a Non-Executive
Director and Chair of Remuneration Committee for both music and audio products
group, Focusrite plc, and smart sensing software and hardware developers,
Oxford Metrics plc. She also serves as a Non-Executive Board Member at Sony UK
Technology Centre, is Co-chair of The Institute for the Future of Work and
sits on the UK Government's Science and Technology Awards Committee.

 

Until March 2015, Naomi was President of Sony's Media Cloud Services, based in
California, where she was responsible for building and incubating a Media
Cloud Services business for the global B2B environment. Prior to this, she was
Vice President of Sony's European Professional Services division, covering
diverse markets including media, broadcast, cinema, sports, security and
healthcare. Her career began at the BBC, where she trained as an engineer and
later became Controller of Technology at BBC News. Before joining Sony in
2002, Naomi was Director of Technical Operations at ITV Digital.

 

She has been featured in a number of prominent lists, including the Women's
Engineering Society's Top 50 Influential Women in UK Engineering in 2016, and
was appointed Commander of the Order of the British Empire (CBE) for services
to the engineering profession in the 2018 Birthday Honours List.

 

Commenting, Paul Reynolds, Chairman said: "Naomi has an outstanding track
record in the media and technology sectors. Combined with her extensive
non-executive experience in listed companies, including board leadership of
executive remuneration, she will make a significant contribution to both the
Board and as Chair of the Remuneration Committee."

 

Naomi Climer said: "I am delighted to be joining the Board of STV - a company
that has a vision and strategy to match the dynamic and changing industry it
operates in. I am really impressed with the quality and integrity of the team
at STV and look forward to working with them at this exciting time."

 

Other than the directorships disclosed above, there are no matters requiring
disclosure under Listing Rule 9.6.13.

 

 

 

Audit & Risk Committee Chair update

Ian Steele has informed the Company of his intention to step down from the
Board at the Company's Annual General Meeting in 2024, at which time he will
have completed three full terms as a Non-Executive Director.  In order to
ensure a full and orderly transition of the role of Audit & Risk Committee
Chair, a process has been initiated to identify a successor for Ian with the
intention of making an appointment in the coming months.  This is a key role
on our Board and so we are focused on ensuring that the successful candidate
has a strong financial and governance background, as well as relevant
experience in relation to defined benefit pension schemes.

 

Newly constituted Environmental, Social and Governance (ESG) Committee

STV also announces it has constituted an ESG Committee with immediate
effect.  This newly formed Committee will support the Board in ensuring the
Group continues to deliver a positive social impact to support long-term
shareholder and stakeholder value.  David Bergg has been appointed as Chair
of the ESG Committee and Paul Reynolds, Aki Mandhar and Naomi Climer will form
the membership.

 

This announcement is made pursuant to Listing Rule 9.6.11.

 

 

For further information, please contact:

 

Eileen Malcolmson, Company Secretary

E: eileen.malcolmson@stv.tv (mailto:eileen.malcolmson@stv.tv)

M: 07980 997375

 

For media enquiries, please contact:

 

Kirstin Stevenson, Head of Communications

E: Kirstin.stevenson@stv.tv (mailto:Kirstin.stevenson@stv.tv)

M: 07803 970106

 

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