– UK, London – Royal Mail Plc (LON: RMG) today announced that Lynne Peacock has been appointed as a Non-Executive Director of the Company, to take effect from 1 November 2019. Lynne will also take over the role as Chair of the Remuneration Committee from Simon Thompson, who assumed the role on an interim basis on 18 July 2019.
Lynne’s appointment is a further step in refreshing and strengthening the Board. She is the fourth Non-Executive Director appointed to the Board since May 2019.
Keith Williams said: “I am delighted to welcome someone of Lynne’s calibre and experience to the Board. Lynne has had a distinguished career, including in regulated industries undergoing an extensive transformation. I have no doubt that Royal Mail will benefit greatly from her experience.”
About Lynne Peacock
Lynne has over 20 years’ experience as an Executive and Non-Executive Director both in the financial services and non-financial services sectors. This includes as Chief Executive Officer of Woolwich Plc and Chief Executive Officer of National Australia Bank Europe Limited. She has been involved in a variety of successful transactions including an IPO and FTSE 100 listing, the sale of the Woolwich plc to Barclays and the disinvestment of NAB’s Irish operations.
Prior to moving into financial services, Lynne held positions with Unilever plc and Tate and Lyle plc. She was previously a Non-Executive Director at Standard Life Aberdeen plc, Scottish Water and Jardine Lloyd Thompson Group. Lynne is currently the Senior Independent Director of Nationwide Building Society and a Non-Executive Director of Serco Group plc where she chairs the Remuneration Committee.
Lynne Peacock said: “I am very pleased to be joining the Board of Royal Mail plc. I look forward to working with Keith Williams, the Board and management in such an iconic British company.”
About Royal Mail plc
Royal Mail plc is the parent company of Royal Mail Group Limited, the leading provider of postal and delivery services in the UK and the UK’s designated universal postal service provider. UK Parcels, International & Letters comprises the company’s UK and international parcels and letters delivery businesses operating under the “Royal Mail” and “Parcelforce Worldwide” brands. Through the Royal Mail Core Network, the company delivers a range of parcels and letters products, including the one-price-goes-anywhere Universal Service products. Royal Mail has the capability to deliver to more than 30 million addresses in the UK, six days a week. Parcelforce Worldwide operates a separate UK network which collects and delivers express parcels. Royal Mail also owns General Logistics Systems which covers 41 countries and nation-states in Europe, eight states in the Western U.S. and in Canada. GLS operates one of the largest ground-based, deferred parcel delivery networks in Europe.
For more information: https://www.royalmailgroup.com
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