Drax Group announces David Nussbaum to its Board as Non-Executive Director

– UK, Selby – Drax Group plc (LSE:DRX), is pleased to announce that David Nussbaum has been appointed as a non-executive director with effect from 1 August 2017.

David is Chief Executive of The Elders who he joined in October 2016. The Elders is an independent group of global leaders working together for peace, justice and human rights, founded by Nelson Mandela in 2007.

Prior to that he was Chief Executive of the World Wide Fund for Nature UK (WWF-UK) from 2007 and chaired WWF’s Global Climate and Energy Initiative. He is also currently Non-Executive Chair of Transparency International UK, and a member of the Board of the International Integrated Reporting Council.

David originally qualified as a chartered accountant with Price Waterhouse, moved into venture capital with 3i, and then into manufacturing, latterly as Finance Director of Field Group plc through its management buyout and subsequent successful flotation in 1993. He joined Oxfam in 1997 as Finance Director and Deputy Chief Executive and was later seconded to head up Oxfam’s operations in India. In 2002 David joined Transparency International, the leading global anti-corruption organisation, as Chief Executive based in Berlin.

David has two degrees in theology, one in finance, and an honorary doctorate.

Commenting on the appointment Philip Cox, Chairman of Drax, said: “The directors are delighted to welcome David to the Board of Drax. His experience and expertise will be a valuable addition to the Board and will further help the successful delivery of our sustainability agenda.”

David Nussbaum added: “The provision of sustainably generated power is crucial as we continue the transition to a low carbon future. I look forward to joining the Board of Drax as the business develops, continuing to meet the challenges this presents, and make my contribution to it doing so successfully.”

David has also been appointed as a member of the Company’s Audit, Nominations and Remuneration Committees.

For more information : http://www.drax.com

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