Group announces Bruce Carnegie-Brown as upcoming Chairman

– UK – Group PLC is pleased to announce that Bruce Carnegie-Brown will be appointed Chairman of the Board at the conclusion of the Annual General Meeting on 23 April 2014 (“AGM”).

As previously announced, Gerald Corbett will stand down as Chairman and as a Non-Executive Director at the AGM.

Bruce joined the Company in April 2010 as an Independent Non-Executive Director and has chaired the Remuneration Committee of the Board since January 2013.

Michael Wemms, Senior Independent Non-Executive Director, led the search for Gerald Corbett’s successor.  He said:  “Bruce has a wealth of experience of financial services and online businesses and will make an excellent Chairman for MoneySupermarket.  We are profoundly grateful to Gerald for his wisdom and guidance over the last 7 years, during which time MoneySupermarket has achieved so much.”

Bruce Carnegie-Brown added: “I look forward to leading the Board and working with Peter Plumb and his strong management team during the next phase of MoneySupermarket’s growth, as we save more people more money.”

Gerald Corbett said “It has been a great experience chairing MoneySupermarket through its flotation, the credit crunch and the strong growth in the business that the management team has delivered. Bruce is the ideal person to work with the management team on the next phase of the Company’s development. I am confident of the Company’s continuing success.”

About Bruce Carnegie-Brown

Bruce has been non-executive chairman of Aon UK Ltd since September 2012 and a non-executive director of Santander UK plc since October 2012. He has been a non-executive director of Close Brothers Group plc since 2006 and a non-executive director of Catlin Group Limited since 2010, where, for both companies, he is the senior independent non-executive director and chairs their respective remuneration committees. He was previously managing partner of 3i Group, chief executive officer of Marsh Limited and a managing director of JP Morgan.

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.