– UK, Glasgow – The Weir Group PLC (LON: WEIR) today announced the appointment of Penny Freer to its Board as an Independent Non-Executive Director effective from 23 October 2023.
“I am delighted to welcome Penny to the Board of Weir. Penny’s extensive investment experience, as well as her wide-ranging leadership skills across many businesses, both complement and strengthen our Board as we continue to execute our strategy,” said Board Chair, Barbara Jeremiah.
Penny Freer will succeed Clare Chapman as Chair of the Remuneration Committee with effect from 31 December 2023, when Clare will step down from the Board.
About Penelope Freer
Penny Freer has a background in investment banking, having worked for over 25 years in a range of roles. From 2000 to 2004 Penny led Robert W Baird’s UK equities division and prior to this she spent eight years at Credit Lyonnais Securities where she headed the small and mid-cap equities business.
Penny Freer is Chair of The Henderson Smaller Companies Investment Trust plc and Empresaria Group PLC, as well as Chair of AP Ventures LLP. She is also currently Chair of Crown Place VCT Plc, and will be stepping down from this role on 22 November 2023 following the company’s annual general meeting. Penny has also held a number of non-executive director roles in both public and private companies, including as Senior Independent Director and Chair of the Remuneration Committee at Advanced Medical Solutions Group PLC.
About The Weir Group PLC
Founded in 1871, The Weir Group PLC is one of the world’s leading engineering businesses with a purpose to make its mining and infrastructure customers’ operations more sustainable and efficient. Weir’s highly engineered technology enables critical resources to be produced using less energy, water and waste while reducing customers’ total cost of ownership. The Group is ideally positioned to benefit from structural trends that support long-term demand for its technology including the need for more essential metals to support economic development and carbon transition. The Group has c.12,000 employees operating in over 60 countries with a presence in every major mining region of the world.
SOURCE: https://www.global.weir/
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