Celtic PLC Appointment of Non-Executive Chairman (4540I)
December 02 2022 - 7:30AM
UK Regulatory
TIDMCCP
RNS Number : 4540I
Celtic PLC
02 December 2022
2 December 2022
CELTIC PLC
("Celtic" or the "Club")
Appointment of Peter Lawwell as Non-Executive Chairman
Celtic is pleased to announce the appointment of Peter Lawwell
as a director of Celtic plc and its new Non-Executive Chairman.
Peter will take up his new role from 1(st) January 2023, following
the retirement of current Chairman, Ian Bankier. Peter returns to
Celtic as Non-Executive Chairman after previously being Celtic's
Chief Executive for almost 18 years, a position he retired from in
the summer of 2021. During his tenure as Chief Executive, the Club
won 29 trophies, including 13 league titles and an unprecedented
quadruple treble, enjoying a period of sustained growth and
success. Following his retirement as Chief Executive, Peter has
continued representing the Club as a board member of the European
Club Association. The Board is pleased to welcome Peter back and
looks forward to once again working with him in the near
future.
Peter Lawwell commented:
"As a lifelong Celtic supporter it is a great privilege to be
asked to take up the position of Chairman, having already been part
of our great Club for nearly 18 years. These are exciting times for
the Club and I look forward to contributing to the well-being and
success of the Club.
Our objective as ever will be to grow and further develop the
Club across all areas. Led by an excellent Chief Executive in
Michael Nicholson, and Chief Financial Officer Chris McKay, the
Club has a high quality management team in place. I will be
offering my support and guidance to the Board and executive
management team to ensure that we continue to drive the Club
forward and protect and promote the interests of our
supporters."
Michael Nicholson, Celtic's Chief Executive added:
"We are delighted to welcome Peter as Chairman and I look
forward to working with him as we continue to progress and develop
the Club. Peter has a wealth of experience in the football industry
at a domestic, European and global level, which is invaluable to
the Club going forward. Our collective objective is to create a
world class football club that our supporters can be proud of,
competing at the highest level, with a strategy based on growth and
continuous improvement".
" On behalf of the Board, and all of our colleagues at the Club,
I thank Ian Bankier for his service and contribution to our Club,
and wish him and his family the best for the future."
Celtic's principal shareholder Dermot Desmond said:
"I am delighted that Peter has agreed to take up the position of
Chairman. He is the outstanding candidate."
"Peter is a man of the highest quality, someone who has served
the Club already with real commitment and expertise and his
experience and knowledge of the club, as well as of the wider
global football environment, will help continue to drive the Club
forward. He is perfectly placed to work with Michael Nicholson,
Chris McKay and the Board to ensure we continue to compete in
Scottish and European football and to manage the challenges and
opportunities in a European context."
"I would also like to thank Ian Bankier for his excellent
contribution to Celtic over a number of years. I join everyone at
the Club in wishing him and his family every success for the
future."
Celtic Manager Ange Postecoglou added:
"It is fantastic news for the Club that Peter will be taking up
the role of Chairman. He was instrumental in bringing me to Celtic,
I know the love he has for the Club and I know that his wealth of
experience and knowledge will be invaluable to us all as we move
forward together".
"I would also like to wish Ian and his family all the very best
for the future."
Ian Bankier said:
"I am pleased that Peter has agreed to take on the role of
Non-Executive Chairman. Against any reasonable benchmark, Celtic
has prospered over the last decade and beyond. This is in no small
part down to the stability of the Club and the retention of
knowledge and experience. Peter will be a most effective sounding
board for the executive and a fine representative both domestically
and abroad. I would like to thank everyone at Celtic for their
support during my term of office. I shall miss them all. I wish the
Club and the Celtic support all the very best for the future."
Further information in relation to the Director appointment:
The following information is disclosed in accordance with Rule
17 and paragraph (g) of Schedule 2 of the AIM Rules for Companies
in connection with the appointment of Peter Lawwell to the Board of
the Company:
Full name: Peter Thomas Lawwell
Age: 63 years
-------------------------------------
Current directorships: Celtic Football and Athletic
Company Limited
Inside Track 3 LLP
-------------------------------------
Former directorships (previous Celtic plc
5 years): Celtic F.C. Limited
Glasgow Eastern Developments
Limited
Protectevent Limited
The Scottish Professional Football
League Limited
-------------------------------------
Ordinary shares held in the Company 356,000
-------------------------------------
Enquiries:
Celtic PLC
Chris Duffy, Company Secretary 0141 551 4313
Canaccord Genuity Limited
Simon Bridges, Nominated Adviser
Thomas Diehl 020 7523 8350
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END
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