Severn Trent announces Richard Taylor to join its Board as Non-Executive Director

– UK, Coventry –  Severn Trent Plc (LON: SVT), today announced the appointment of Richard Taylor to its Board as a Non-Executive Director effective from 1 April 2024.

“I look forward to welcoming Richard to Severn Trent. His extensive experience and strong belief in the positive role that businesses should play in society and for the environment, will help to ensure that we continue to build upon the excellent progress we have made in delivering for our customers, shareholders, employees, and the communities we serve.” said Board Chair, Christine Hodgson,.

Richard Taylor will also join the Treasury, Remuneration, Audit and Risk and Nominations Committees, and has also been appointed to the Board of Severn Trent Water Limited.

About Richard Taylor

Richard Taylor brings extensive financial experience to the Company gained through his career in investment banking. He is currently Chair of Greenhill & Co International. Greenhill is an investment bank focused on providing financial advice globally on significant mergers and acquisitions, restructuring, financing, and capital advisory to companies and other organizations. Greenhill was acquired by, and became part of, Mizuho Financial Group in 2023. Before joining Greenhill in 2020, Richard was Chairman of Global Corporate and Investment Banking at Barclays Plc, where he had been since 2011. Before joining Barclays, Richard spent nearly 11 years at Bank of America Merrill Lynch, where he was Head of UK and Ireland Corporate and Investment Banking.

Richard Taylor brings experience to organizations with strong social purpose, in particular through his roles as Trustee of Teach First and Board member of The Sutton Trust. Richard holds an engineering degree and is a Fellow of the Institute of Chartered Accountants of England and Wales.

Richard Taylor said, “I am absolutely delighted to have been appointed as a Director of Severn Trent. I look forward to working with the Board and an exceptional team of colleagues to shape this important next chapter; delivering outstanding services for customers, sustainable shareholder value, and an enduring positive impact on the environment and society.”

SOURCE: https://www.severntrent.com

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