REG - WPP PLC - WPP appoints Simon Dingemans to the Board

WPPAnnouncement

31/01/2022 07:00

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RNS Number : 0615A  WPP PLC  31 January 2022

 FOR IMMEDIATE RELEASE  31 JANUARY 2022

 

WPP PLC ("WPP")

 

WPP appoints Simon Dingemans to the Board

 

WPP today announces the appointment of Simon Dingemans to its Board as a
Non-Executive Director, with immediate effect.

 

Simon is a Senior Advisor at global investment firm The Carlyle Group (NASDAQ:
CG), with a focus on the healthcare sector as well as investment opportunities
in the UK.

Prior to joining Carlyle, Simon was Chief Financial Officer of GlaxoSmithKline
plc (LSE: GSK) and a member of the main board from 2011 to 2019, where he
drove extensive restructuring and change programmes that delivered significant
financial and operational efficiencies.  He also led a number of significant
strategic transactions.  As CFO, he was responsible for leading Finance and a
variety of other functions including Procurement, Real Estate and Technology,
including Cyber Security.

Prior to GSK, Simon worked in investment banking for 25 years at SG Warburg
and then Goldman Sachs, where he was Managing Director and Partner for 10
years as a leader of their European M&A business and Head of UK Investment
Banking. Simon served as Non-Executive Chair of the Financial Reporting
Council in 2019/20. He previously also served as Chairman of the 100 Group
which represents the views of Finance Directors in the FTSE 100 and a number
of large UK private companies.

Commenting on the appointment, Roberto Quarta, Chairman of WPP, said: "We are
delighted to welcome Simon to WPP. His insight from a varied and distinguished
career, combining both operational and financial experience, will be
invaluable to the Board as WPP continues its transformation and strategic
progress."

 

Simon commented: "WPP is the global leader in its sector with a clear strategy
for continued success and value-creation. I am very much looking forward to
being part of the transformation journey and supporting the future growth of
the company."

 

Simon will serve as a member of the Audit Committee upon joining the Board.

 

OAM: Additional Regulatory Information

WPP LEI: 549300LSGBXPYHXGDT93

 

Balbir Kelly-Bisla

Company Secretary

31 January 2022

 

Notes

1.  As Non-Executive Director of WPP plc, Simon Dingemans will receive
standard annual fees of £85,000 per annum and an additional £20,000 per
annum, as a member of the Audit Committee.

2.  The Board has determined that Simon Dingemans will be an independent
Non-Executive Director, in accordance with the UK Corporate Governance Code.

 

Further information

Chris Wade, WPP +44 (0)20 7282 4600

 

Buchanan Communications

Richard Oldworth, +44 (0)20 7466 5000   /   +44 (0)7710 130 634

 

About WPP

WPP is the creative transformation company. We use the power of creativity to
build better futures for our people, planet, clients and communities. For more
information, visit www.wpp.com (http://www.wpp.com/) .

 

ENDS

 

 

 

 

 

 

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