Ted Baker PLC Board Change (1181V)

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RNS Number : 1181V

Ted Baker PLC

09 January 2013

9(th) January 2013

Ted Baker Plc

("Ted Baker")

Board Change

Ted Baker, the British designer brand, announces that Robert Breare has notified the Board of his intention to step down as Non Executive Chairman after more than 11 years in the role effective of today's date.

The Board is pleased to announce that David Bernstein, currently Senior Independent Non Executive Director, will succeed Robert Breare as Non Executive Chairman with immediate effect.

David, who joined the Ted Baker Board in 2003, has extensive international retail experience, previously as joint Managing Director of Pentland Group and as Chairman of Blacks Leisure plc and French Connection plc. David is currently Chairman of The Football Association and is a Non-Executive Director of Wembley National Stadium Limited.

David will also chair the Board's Nomination Committee. Ron Stewart, an Independent Non Executive Director since 2009, will become Senior Independent Non Executive Director and Anne Sheinfield, an Independent Non Executive Director since 2010, will become Chairman of the Remuneration Committee.

Robert Breare commented: "It has been a privilege to chair the Board of Ted Baker for more than a decade, over which period Ted Baker has achieved remarkable growth while becoming a truly global brand. Following today's positive Christmas period trading update, and with increasing executive commitments such as Snoozebox, I feel it is time to hand over to a new Chairman to lead the Board as Ted Baker continues its development. David Bernstein is a very experienced and respected candidate who, along with the rest of the Board, I am certain will lead Ted Baker to further success."

David Bernstein commented: "I am delighted to accept the Chairman's role. I am incredibly proud to have been associated with Ted Baker since joining the Board in 2003 and I look forward to continuing to work with the Ted Baker team to deliver the exciting opportunities ahead."

Ray Kelvin CBE, founder and Chief Executive, commented: "On behalf of the Board I would like to thank Robert for his major contribution during his time with Ted Baker. Under his Chairmanship, Ted Baker has developed globally in a measured and consistent manner whilst always maintaining an emphasis on design, product quality and attention to detail that underpin everything we do."

Enquiries:

 
 Ted Baker                                     Tel: 020 7255 4800 
 Ray Kelvin CBE, Founder and Chief Executive 
  Lindsay Page, Finance Director 
 
 Hudson Sandler                                Tel: 020 7796 4133 
 Alex Brennan / Michael Sandler

www.tedbaker.com / www.tedbakerplc.com

This information is provided by RNS

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