– UK, London – Euromoney Institutional Investor PLC (LSE:ERM), the international business information and events group, today announces the appointment of Colin Day as an independent non-executive director and Chair Designate of the Audit Committee. He will join the Board with immediate effect and will take on the Chair of Audit Committee role after a suitable transition period.
Mr Day currently holds a non-executive director role at Meggitt plc where he is also Chair of the Audit Committee and a member of the Nominations and Remuneration Committees. He has previously held non-executive director roles and chaired the Audit Committee at Amec Foster Wheeler plc, WPP plc, Cadbury plc, Imperial Tobacco Group plc and EasyJet plc. Mr Day spent his executive career in a range of senior roles including Chief Executive of Essentra PLC, Chief Financial Officer at Reckitt Benckiser Group plc and Group Finance Director of Aegis Group plc.
At the same time, Colin Jones, the group’s Finance Director, has confirmed he will retire on 15 June 2018. This follows the Company’s announcement in June 2017 of Mr Jones’ intention to retire by the summer of 2018. In December 2017, the Company announced the appointment of Wendy Pallot as Chief Financial Officer who will succeed Mr Jones later this year.
Commenting on today’s announcement David Pritchard, non-executive Acting Chairman of Euromoney said: “I would like to thank Colin Jones for his central and critical role in the growth and success of Euromoney since he joined the company more than 21 years ago. The Board wishes him a happy and long retirement. I am delighted to welcome Colin Day to our Board whose substantial executive and non-executive experience will further strengthen our Board of Directors and we are very pleased to have attracted another high calibre non-executive director to join the Board.”
Andrew Rashbass, Chief Executive of Euromoney, said: “Colin Jones’ decision to give the Board 12 months’ notice of his intention to retire has enabled us to plan the transition to Wendy Pallot who will join us later this year. I am grateful to Colin both for his loyalty and professionalism over 21 years and for working with such continued commitment in his final year to make sure he leaves a strong finance function. In addition, today’s appointment of Colin Day as Chair Designate of the Audit Committee will add to its already strong makeup and ensure continuing strong financial governance.”
On his appointment, Colin Day said: “I am looking forward to working with David, Andrew and the rest of the Board as the Company continues to implement its strategy at what is an exciting time for the group.”
About Euromoney Institutional Investor PLC
Euromoney Institutional Investor PLC (LSE:ERM), is listed on the London Stock Exchange and is a member of the FTSE 250 share index. It is an international business-information group covering asset management, price discovery, data & market intelligence, and banking & finance under brands including Euromoney, Institutional Investor, BCA Research, Ned Davis Research and Metal Bulletin. The group +also runs an extensive portfolio of events for the telecoms, financial and commodities markets.
For more information : http://www.euromoneyplc.com
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