REG - Vistry Group PLC - Directorate Changes

VistryAnnouncement

04/04/2024 07:00

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RNS Number : 2365J  Vistry Group PLC  04 April 2024

4 April 2024

 

Vistry Group PLC

 

Directorate Changes

 

The Board of Vistry Group PLC ("Company") announces two appointments to its
Board of Directors: firstly, a new Senior Independent Director and, secondly,
a new Non-Executive Director. It also announces that Chris Browne has agreed
to continue as a Non-Executive Director for up to one more year.

 

Senior Independent Director

 

The Board is pleased to announce that Rob Woodward will join Vistry's Board as
the Senior Independent Director with effect from the close of the Annual
General Meeting on 16 May 2024 ("AGM"). Rob has held leadership positions
across both the public and private sectors. He has been Chair of the Met
Office since 2018, a role he will relinquish later this year after two terms.
His experience includes over 10 years as Chief Executive Officer of STV Group
plc. He had previously been Commercial Director at Channel 4 Television,
Managing Director with UBS Corporate Finance and lead partner for Deloitte's
Telecoms, Media & Technology Industry Group in Europe.

 

Rob is also currently Chair of Court at Glasgow Caledonian University and
Chair of listed marketing analytics provider, Ebiquity plc.  Until its recent
delisting he was Chair of technology company Blancco plc.

 

As previously announced, Greg Fitzgerald will take up the new role of
Executive Chair and CEO with effect from the close of the AGM. In his position
as Senior Independent Director, Rob will have an enhanced role providing
additional oversight on governance matters, as well as a high level of
engagement with investors and other stakeholders. Further, Rob will become
Chair of the Nomination Committee, leading on the recruitment of new
Non-Executive Directors and, in conjunction with the Executive Chair and CEO,
oversee the succession planning of executive management. He will also serve on
the Audit Committee and Remuneration Committee.

 

Non-Executive Directors

 

The Board is also pleased to announce that Alice Woodwark will be appointed as
a Non-Executive Director with effect from the close of the AGM. Alice has been
Managing Director of Mitie Group plc's Communities division since 2021. She
started her career with management consultancy McKinsey, working extensively
across the UK and US in the infrastructure, transport, hospitality and retail
sectors. Alice joined Compass Group in 2013, serving as Group Head of
Strategy and M&A and subsequently in Managing Director positions for
Compass UK. Alice will serve from appointment as a member of the Nomination
Committee, Remuneration Committee and Audit Committee.

 

To ensure continuity on the Board and allow more time to recruit a second
Non-Executive Director, Chris Browne has agreed to stay on as a Non-Executive
Director for up to one more year, having served on the Board since September
2014. She will continue to serve on the Nomination Committee, Remuneration
Committee and Audit Committee. As a consequence, Chris will seek re-election
as a Non-Executive Director at the AGM.

 

 

Ralph Findlay OBE, Chair commented "We are delighted to have recruited two new
high calibre Directors to the Board, in particular putting in place a strong
Senior Independent Director to bolster our Board governance. Rob and Alice's
respective experience in both the public and private sectors will be hugely
valuable as we continue to execute the Group's Partnership strategy. We will
continue our search for a second Non-Executive Director and will update the
market on our progress with this appointment in due course."

 

 

There is no other information to be disclosed pursuant to LR 9.6.13R in
respect of Rob Woodward or Alice Woodwark.  As at the date of this
announcement, neither Rob nor Alice has any beneficial interests in the
ordinary shares of the Company.

 

 

 Contacts:

 Vistry Group PLC                                07469 287335

 Tim Lawlor, Chief Financial Officer

 Susie Bell, Group Investor Relations Director

 FTI Consulting                                  020 3727 1340

 Richard Mountain / Susanne Yule

 

 

Vistry Group PLC's legal entity identifier is 2138001KOWN7CG9SLK53.

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