– UK, Wirral – Further to the announcement on 21 January 2016 that Peter Johnson, non-executive Chairman, would retire on 3 June 2016, Park, the UK’s leading multi-retailer, multi-channel gift voucher and prepaid gift card provider, is pleased to announce that it has appointed Laura Carstensen to succeed Mr. Johnson as non-executive Chairman, on his retirement.
Laura Carstensen joined the Board of Park as a non-executive director in 2013 and chairs its Audit Committee. She is a former partner in Slaughter and May where she specialised in competition and regulation law and, since leaving the firm in 2005, has held a wide range of both private and public sector roles and Ministerial appointments, including Deputy Chairman of the Competition Commission (leading, among others, the inquiry into Statutory Audit of the FTSE 350). Laura is currently a Commissioner of the Equality & Human Rights Commission (leading, among others, the recent report on gender diversity on FTSE 350 Boards) and a Trustee of National Museums Liverpool. She has been a non-executive director of The Co-operative Bank PLC since 2014, and is Chair of its Values and Ethics Committee.
Chris Houghton, Chief Executive Officer of Park, said: “The appointment of Laura as non-executive Chairman is excellent for Park. She has extensive City and PLC experience in financial services, as well as a strong background in corporate governance and, having been with us for some time now, has a thorough understanding of our business. We look forward to a seamless transition and working with her as Park continues to evolve and grow.”
Laura Carstensen said: “I am delighted to succeed Peter Johnson as Chairman of Park. Park is a business built on trust and fair dealing with a deep heritage from which its brand strength derives and has innovated to meet the changing needs of its customers. We are a growing business whose products resonate strongly within our consumer and corporate markets.
“Park has built a solid platform for success and I am confident that we will continue to go from strength to strength. I look forward to working with its proven leadership team as we move forward with confidence and optimism.”
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