Melrose Industries PLC
("Melrose" or the "Company")
Chris Grigg appointed as Non-Executive Director and Chair
Designate
with effect from 1 October
2024
Melrose is pleased to announce the appointment
of Chris Grigg to its Board as a Non-Executive Director and Chair
designate, with effect from 1 October 2024.
Chris is currently Chair of the UK
Infrastructure Bank and its nominations committee, having served in
those roles since April 2021. He is also Chair of Evelyn Partners
and its nominations committee, having served in those roles since
February 2022, prior to which he served as a non-executive
director. He was a non-executive director of BAE Systems plc for
over ten years until December 2023, latterly serving as its
SID.
During his executive career, Chris was Chief
Executive of British Land from January 2009 and left the board in
December 2020.
Earlier in his career, Chris was Chief
Executive of Barclays Commercial Bank, and Treasurer of Barclays
Bank plc. Prior to this he spent 20 years at Goldman Sachs,
latterly as a Partner. He started his career at Morgan
Grenfell.
Following a planned transition period, Justin
Dowley will step down from his role as Non-executive Chairman on 30
March 2025, and it is intended that Chris will succeed Justin
Dowley as the Company's Non-executive Chairman.
Justin Dowley said: "It has been a pleasure to lead the Melrose
board since 2019 and through its recent strategic transition. We
are delighted that Chris has agreed to join the Melrose Board, and
I am confident he will steer Melrose to great success in the
future. I look forward to working with him to ensure a smooth
transition."
Chris Grigg said: "I am very pleased to be joining the Board of
Melrose Industries PLC. Melrose is a fantastic company, and well
positioned to grow as a pure-play aerospace business. I look
forward to supporting Peter Dilnot and the rest of the Board in
continuing to unlock Melrose's full potential."
There is no additional information required to
be disclosed pursuant to Listing Rule 9.6.13 in relation to the
appointment of Chris Grigg.