DCC appoints Mark Breuer as Chairman-designate and announces Lily Liu to join the Board as Non-Executive Director

– IRELAND, Dublin –  DCC plc (LON: DCC), the leading international sales, marketing and support services group, today announced the appointment of Mark Breuer as Chairman-designate, to succeed John Moloney who will retire as Chairman and from the Board, at AGM on 16 July 2021.

Concurently, Caroline Dowling, a Director of DCC since May 2019, will succeed Mr. Breuer as Senior Independent Director on 16 July.

The company also announced teh appointment of Lily Liu to its Board as a non-executive Director and member of the Audit Committee with effect on 16 July.

Jane Lodge, non-executive Director and Chairman of the Audit Committee, informed the Board of her intention to retire from the Board with effect from the conclusion of the AGM on 16 July.

About Mark Breuer

Mr. Breuer joined the Board of DCC in November 2018. He is an experienced business leader and corporate financier, with over thirty years’ experience in investment banking, most recently in JP Morgan, where he was Vice-Chairman Global M&A and a member of the Global Strategic Advisory Council before his retirement in 2017. Mr. Breuer is a non-executive director and Chairman of Derwent London plc.

About Lily Liu

Ms. Liu is the CFO of Essentra plc, a leading global provider of essential components and solutions and a member of the FTSE 250. She joined Essentra plc in 2018 as CFO.

John Moloney, Chairman of DCC plc, said: “I have had the great privilege of working with a wide range of talented and committed people across all levels of DCC during my time on the Board. I would like to thank them all for their support and dedication. I am delighted to hand over to Mark Breuer, who has the expertise and breadth of knowledge to lead the Board in the years ahead.

I warmly welcome Lily Liu to the Board. Her current role as CFO in a global business will make her an excellent addition to the Board and Audit Committee.

Jane Lodge’s financial expertise and business experience have been very much appreciated by myself and all of the Board over her tenure and we wish her every success in the future.”

Donal Murphy, Chief Executive of DCC plc, said: “On behalf of the management team, I would like to thank John for his exceptional contribution to the Board and the Group, during which he oversaw the significant growth and development of DCC. His wise counsel, support and leadership have also been very much appreciated by myself and the Board. We wish John well for the future. I look forward to working closely with our new Chairman Mark Breuer as we continue to grow and develop the Group.”

Mark Breuer, Chairman Designate, said: “I am very much looking forward to becoming Chairman and working even more closely with Donal, his team and my Board colleagues to deliver further success for DCC. The business has proven highly resilient through the pandemic and faces the future with great confidence.”

About DCC plc

DCC is a leading international sales, marketing and support services group with a clear focus on performance and growth. It operates through four divisions: LPG, Retail & Oil, Healthcare and Technology. DCC plc is listed on the London Stock Exchange and is a constituent of the FTSE 100. In its financial year ended 31 March 2021, DCC generated revenue of £13.4 billion and operating profit of £530.2 million.

For more information : https://www.dcc.ie/

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