Barratt Developments announces Caroline Silver to join its Board as Non-Executive Director and Chair-designate

– UK, London –  Barratt Developments PLC (LON: BDEV) today announced the appointment of Caroline Silver as a Non-Executive Director and Chair-designate, effective from 1 June 2023, to succeed John Allan as Non-Executive Chair on 6 September 2023.

Caroline Silver will join the Remuneration and Nomination Committees on 1 June 2023, and become Non-Executive Chair of the Nomination Committee on 6 September 2023.

The company also announced the retirement of Senior Independent Director  Jock Lennox from the Board on 6 September 2023, while Sharon White will step down as a Non-Executive Director by 30 June 2023.

About Caroline Silver

Caroline Silver is currently Chair of PZ Cussons PLC, a position from which she will step down on 31 March 2023. She is also a Non-Executive Director of Tesco PLC, BUPA, and Intercontinental Exchange, Inc. She is a member of the International Advisory Board of Adobe Inc. and a member of the V&A Foundation.

Previously Caroline was a trustee of the Victoria and Albert Museum, a Non-Executive Director of Meggitt PLC and M&G PLC, and served on the Board of the London Ambulance Service NHS Trust. She has spent over 30 years in the investment banking sector. Until 2020 was a partner and managing director at Moelis & Company, where she remains a senior advisor to the firm. She has held senior corporate finance and M&A positions at Morgan Stanley and Merrill Lynch, starting her career at PricewaterhouseCoopers, where she qualified as a Chartered Accountant.

Caroline Silver said: “I am excited to be joining Barratt, which leads the UK housebuilding industry, particularly in terms of quality and sustainability, putting its customers at the heart of everything it does. The Company is in a strong financial and operational position and continues to perform well despite current market conditions. I look forward to leading the Board and supporting the management team in developing and driving the Company’s strategy and performance.”

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