– UK, Aberdeen – FirstGroup plc today announces the following changes to its Board of Directors, with effect from 24 June 2014.
John Sievwright, Senior Independent Director, David Begg, Non-Executive Director and Chairman of the Remuneration Committee and Colin Hood, Non-Executive Director and Chairman of the Safety Committee, will retire from the Board.
Warwick Brady, Drummond Hall and Imelda Walsh will be appointed to the Board as Non-Executive Directors. Drummond will become Senior Independent Director and Imelda will become Chairman of the Remuneration Committee. Additionally, Jim Winestock, a current Non-Executive Director, will become Chairman of the Safety Committee. John McFarlane, Drummond Hall, Brian Wallace, Imelda Walsh and Jim Winestock will constitute the members of the Nomination Committee.
Commenting, John McFarlane, Chairman, said: “I would like to thank John, David and Colin, for their dedication and contribution to FirstGroup and particularly for their support to me as incoming Chairman.
“I would also like to welcome Warwick, Drummond and Imelda to the Board at an important time for the company. I am delighted that such distinguished directors have placed their faith in us.
“It is a natural process for directors who cease to become independent to retire and for the Board to be refreshed. It is an essential part of good governance that we maintain a strong Board with a majority of independent directors and a balance of skills, knowledge, experience and diversity.”
About Warwick Brady
Warwick Brady is Chief Operations Officer of easyJet plc, joining in May 2009. He is part of the management team responsible for significantly improving the airline’s financial and operating performance, including achieving industry-leading punctuality levels as well as the introduction of important customer innovations. He has significant experience leading low cost airlines – he was Chief Executive of Indonesian airline Mandala, and previous roles include Chief Operating Officer of Air Deccan in India and Deputy Operations Director at Ryanair.
About Drummond Hall
Drummond was Chief Executive of Dairy Crest Group plc from 2002 to 2006, prior to which his career was spent with Procter and Gamble, Mars and PepsiCo. He is currently the Senior Independent Non-Executive Director of WH Smith plc and a Non-Executive Director of The Sage Group plc. Drummond was a Non-Executive Director of Mitchells & Butlers plc from July 2004 to January 2010, and Chairman from June 2008 to November 2009.
About Imelda Walsh
Imelda Walsh currently serves as a Non-Executive Director and Chair of the Remuneration Committees of William Hill plc, Mitchells & Butlers plc and Mothercare plc. She was a Non-Executive Director and Chair of the Remuneration Committee of Sainsbury’s Bank plc from 2006 to 2010. Imelda has held senior executive roles at J Sainsbury plc, where she was Group HR Director from March 2004 to July 2010, Barclays Bank plc and Coca-Cola & Schweppes Beverages Limited. Imelda is also a Director of the Mentoring Foundation and is a Trustee of Charity Projects Limited (Comic Relief).
About FirstGroup plc
FirstGroup plc (LSE: FGP.L) is the leading transport operator in the UK and North America. With revenues of more than £6.7 billion and around 117,000 employees, we transport more than 2.5 billion passengers every year. Each of our five divisions is a leader in its field: First Student is the largest provider of student transportation in North America with a fleet of around 49,000 yellow school buses, First Transit is one of the largest providers of outsourced transit management and contracting services in the US, while Greyhound is the only national operator of scheduled intercity coach services across North America. In the UK, FirstGroup is one of Britain’s largest bus operators running a fleet of some 6,400 buses, and we operate approximately a quarter of the UK passenger rail network, carrying more than 330 million passengers a year. Our vision is to provide solutions for an increasingly congested world, keeping people moving and communities prospering.
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