Fisher (James) & Sons plc Board Changes (1898C)
January 18 2018 - 2:00AM
UK Regulatory
TIDMFSJ
RNS Number : 1898C
Fisher (James) & Sons plc
18 January 2018
18 January 2018
James Fisher & Sons plc
Board Changes
James Fisher & Sons plc ("James Fisher"), the leading
international marine services provider, announces that Charles Rice
has informed the Board of his intention to retire as Chairman and a
Director of the Company at the AGM on 3 May 2018. It is intended
that Malcolm Paul, presently the Company's Senior Independent
Director, will become Chairman at the conclusion of the AGM.
Malcolm Paul is a chartered accountant and was the Finance
Director of WSP Group plc between 1987 and 2009. Prior to that,
Malcolm was a principal at the corporate finance boutique Financial
Decisions and a partner at Longcrofts, a chartered accountancy
firm. He joined the James Fisher board in 2011 and is the Senior
Independent Director and Chairman of the audit and remuneration
committees. Malcolm is also currently Chairman of Anthesis
Consulting Group, an international environmental and sustainability
company.
Charles Rice, Chairman of James Fisher, commented:
"After fourteen years on the Board of James Fisher and almost
six as Chairman, I have decided that now is the right time to stand
down as Chairman. It has been a privilege to serve the James Fisher
Group during a period when it has grown strongly and profitably,
and established itself globally as a leading marine services
provider. In Malcolm Paul, we have an experienced Board member with
a deep knowledge of the Group. James Fisher has a strong management
team in place and I am confident that it will continue its track
record of growth and innovation into the future."
Malcolm Paul, Chairman elect of James Fisher, commented:
"Throughout my time on the James Fisher Board, I have admired
both the breadth of the Company's businesses and the strength of
its management team. It will be an honour to become Chairman of
James Fisher and I look forward to the Group continuing to deliver
on its strategy for growth and innovation.
Appointment of Non-Executive Director
James Fisher also announces today that Justin Atkinson will join
the Board as an Independent Non-Executive Director on 1 February
2018 with the intention of succeeding Malcolm Paul as Chair of the
Audit Committee in May 2018.
Justin was Chief Executive and a Director of Keller Group plc
from 2004 to 2015, having formerly served as both Chief Operating
Officer and Finance Director, and has significant operational and
financial experience both in the UK and internationally. A
chartered accountant, Justin is currently Senior Independent
Director of Kier Group plc, Senior Independent Director and Chair
of the Audit Committee at Forterra plc and a Non-Executive Director
and Chair of the Audit Committee of Sirius Real Estate Ltd. He is
also a member of the Audit Committee of the National Trust.
There is no other information to be disclosed under paragraph
9.6.13R of the Listing Rules.
Contacts
James Fisher Charles Rice Chairman
and Sons plc Nick Henry CEO 020 7614 9508
Richard Mountain
/ Susanne
FTI Consulting Yule 0203 727 1374
This information is provided by RNS
The company news service from the London Stock Exchange
END
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