Severn Trent PLC ST Plc -- Succession Planning and Board Changes (8175Q)
November 01 2021 - 3:00AM
UK Regulatory
TIDMSVT
RNS Number : 8175Q
Severn Trent PLC
01 November 2021
Severn Trent Plc - Succession Planning and Board Changes
The Board of Severn Trent Plc today announces that Dame Angela
Strank, Independent Non-Executive Director and Chair of the
Corporate Sustainability Committee, will step down from the Board
in March 2022, after serving over eight years.
Christine Hodgson, Chair, said:
"We have been extremely privileged to have the benefit of
Angela's broad expertise on the Board and we have valued her
significant contribution to the sustainability agenda of the
Company in particular. We are grateful to Angela for sharing her
wealth of knowledge and vast experience with the Board and the
Company. It has been a pleasure to work with Angela".
Additionally, the Board of Severn Trent Plc is delighted to
announce that Gillian Sheldon and Thomas (Tom) Delay have been
appointed as Non-Executive Directors of the Company and of Severn
Trent Water Limited with effect from 1 November 2021 and 1 January
2022 respectively.
Gillian Sheldon has been appointed as a member of the
Nominations, Treasury and Audit Committees and she brings extensive
strategy, corporate finance and M&A experience to the Company.
She is currently a Senior Advisor at Credit Suisse in the
Investment Banking division, where she provides advice on a broad
range of complex transactions to clients across multiple
industries. Gillian is also a member of the Salesforce Europe,
Middle East and Africa Advisory Board, where she provides strategic
guidance and supports the company's growth into international
markets.
Gillian joined Credit Suisse in 1996, and went on to become Head
of Telecoms, Media and Technology Investment Banking in Europe and
then Vice Chairman of Investment Banking. Her previous experience
includes roles at N M Rothschild & Sons and a Trustee and Chair
of the Investment Committee of BBC Children in Need. Until February
2021, she was the Senior Independent Director at Capita Plc.
Tom Delay has also been appointed as a member of the Nominations
Committee and of the Corporate Sustainability Committee. He will
succeed Dame Angela Strank as Chair of the Corporate Sustainability
Committee when she steps down from the Board in March 2022.
Tom brings extensive strategy, sustainability, energy and
engineering experience to the Company. He was appointed as the
first Chief Executive of the Carbon Trust in 2001. Since then, he
has grown the company to become a world leader, advising businesses
and governments on carbon emissions reduction and the development
of low carbon technologies, markets and businesses. More recently,
he has taken the company's unique capabilities further afield,
extending its mission to accelerate the move to a sustainable, low
carbon future.
Tom is a chartered engineer with extensive experience of the
energy sector and worked for Shell for 16 years in a variety of
commercial and operations roles before moving into management
consultancy with McKinsey and Co and then as a Principal with the
Global Energy Practice of AT Kearney. Tom is a member of the UK
Energy Research Partnership and the advisory boards of the Centre
for Climate Finance and Investment at Imperial College London and
the Global CO(2) Initiative at the University of Michigan. In 2018,
he was awarded a CBE by the Queen for services to sustainability in
business.
Commenting on the appointments, Christine Hodgson, Chair, said,
" On behalf of the entire Board, I look forward to welcoming both
Gillian and Tom to Severn Trent. Their wide-ranging strategic
corporate finance and sustainability experience, gained over many
years, will complement the existing composition of the Board and
will help to ensure that we continue to build upon the excellent
progress we have made in delivering for all of our
stakeholders."
Gillian Sheldon, said, " I am delighted to have been appointed
as a Director of Severn Trent. I look forward to working with the
Board and Executive Team in serving Severn Trent's customers and
broader stakeholders on the opportunities ahead."
Tom Delay, said, "I am thrilled to be joining Severn Trent at
such an exciting time in its sustainability journey. I look forward
to working with Christine and my other Board colleagues to support
Severn Trent's long-standing commitment to delivering for its
customers, and broader stakeholders in a sustainable way."
The Company confirms that there is no other information to be
disclosed under the requirements of Listing Rule 9.6.13R in
relation to these appointments.
Enquiries
Investors & Analysts
Stuart Howell Severn Trent Plc +44 (0) 7703 718361
Head of Investor Relations
Selina Soma Severn Trent Plc +44 (0) 7976 938604
Investor Relations Manager
Media
Press Office Severn Trent Plc +44 (0) 247 771 5640
Jonathan Sibun Tulchan +44 (0) 207 353 4200
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