REG - Taylor Wimpey PLC - Upcoming Board changes

Taylor WimpeyAnnouncement

16/12/2022 07:00

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RNS Number : 9178J  Taylor Wimpey PLC  16 December 2022

 

 

 

 

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

LEI: 21380089BTRXTD8S3R66

For immediate release

16 December 2022

Taylor Wimpey plc

Upcoming Board changes

 

Taylor Wimpey plc (the "Company") today announces that Irene Dorner will be
stepping down from her role as Chair of the Board, for personal family
reasons, at the conclusion of the 2023 Annual General Meeting (AGM) on
Thursday 27 April 2023. Irene will stay on the Board as a Non Executive
Director following the conclusion of the AGM.

She will be succeeded as Chair by Robert Noel, currently the Company's Senior
Independent Director. His appointment follows a thorough search process which
considered both internal and external candidates. Rob joined the Board as an
independent Non Executive Director in October 2019 and subsequently became the
Senior Independent Director in April 2020. He has over 30 years' experience in
the property sector, including eight years as the CEO of Land Securities Group
PLC. Rob is also Chair of Hammerson plc.

Lord Jitesh Gadhia, independent Non Executive Director, who led the search
process, said: "On behalf of the Board, I would like to thank Irene for her
outstanding contribution as Chair successfully leading the Board over the last
three years. We welcome her agreement to remain on the Board, allowing us to
continue to benefit from her wide experience and counsel, and wish her family
the best for the future.

We are delighted to announce the appointment of Rob Noel as Chair to succeed
Irene following the conclusion of the next AGM. Rob is well-respected amongst
his colleagues and his familiarity with Taylor Wimpey, and long track record
in the property sector, provides excellent commercial experience and
continuity of leadership as we face a changing market environment. We are all
looking forward to working with him in his new role."

Irene Dorner, Chair, said "It has been a privilege to serve as Chair of Taylor
Wimpey plc. I would like to thank my Board colleagues, the Group Management
Team and all of our employees across the business for their dedication,
commitment and hard work over the last three years. I have prioritised
engaging with the full range of Taylor Wimpey stakeholders during my tenure as
Chair and I know this is something that Rob will continue to build on when he
succeeds me."

Rob Noel commented "I am honoured to be appointed as Chair Designate of Taylor
Wimpey having served on the Board for the past three years. Taylor Wimpey is a
strong business with a highly experienced management team. I look forward to
working with our CEO, Jennie Daly, and the wider leadership team to continue
to position Taylor Wimpey for long term success."

A further update will be provided to the market in due course to confirm the
other Board changes required as a result of Rob becoming the Chair at the
conclusion of the 2023 AGM.

This announcement is made in accordance with Listing Rule 9.6.11.

The person responsible for releasing this announcement is Mike Lonnon -
Interim Company Secretary.

 

 -Ends-

 

For further information please
contact:
 

 Taylor Wimpey plc
 Mike Lonnon, Interim Company Secretary  Tel: +44 (0) 1494 885614
 Debbie Archibald, Investor Relations    Tel: +44 (0) 1494 885656

 FGS Global                              TaylorWimpey@fgsglobal.com (mailto:TaylorWimpey@fgsglobal.com)
 Faeth Birch
 Anjali Unnikrishnan

 

Notes to editors:

Taylor Wimpey plc is a customer-focused homebuilder operating at a local level
from 23 regional businesses across the UK. We also have operations in Spain.

For further information please visit the Group's website:
www.taylorwimpey.co.uk/corporate (http://www.taylorwimpey.co.uk/corporate)

Follow us on Twitter @TaylorWimpeyplc

 

 

 

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