Business
Non-Executive Directorate Change
Non-Executive Directorate Change.
About this update from Boohoo Group Plc
[{"type":"text","content":"\n \nRNS Number : 0001I boohoo.com plc 14 June 2017 \n\nThis announcement contains inside information\n\n\n\n\nFor Immediate Release \n\n\n14 June 2017\n\n\n\n\n \nboohoo.com plc\n(\"boohoo\" or the \"Company\")\n \nNon-Executive Directorate Change\n \nBoohoo, a leading online fashion retailer, announces that after almost 4 years with Boohoo.com, Stephen Morana has advised the Board of his intention to step down as a non-executive director of the Company with effect from 1 July 2017. Stephen currently chairs the Company's Audit Committee and David Forbes, Senior Independent Director and existing member of the Audit Committee will be appointed to this position from 1 July 2017. \nThe Company is pleased to announce that Iain McDonald is joining the Board as non-executive director with effect from 1 September 2017. Iain is currently non-executive Chairman of MySale Group plc, and a director of The Hut Group Limited and Houseology.com. Upon his appointment Iain will Chair the Remuneration Committee, to allow current Remuneration Committee Chair, David Forbes, to focus on Audit Committee matters. Iain holds 404,000 ordinary shares of £0.01 each in the Company, representing 0.04 per cent of the Company's issued share capital.\nPeter Williams, non-executive Chairman, commented:\n\"On behalf of the Board, I would like to thank Stephen for his positive contribution to the Company and in particular for his stewardship of the Audit Committee. His financial experience and market insight has been invaluable during this transformational period in the Company's development.\n\"I am delighted to welcome Iain to the Company. Iain's insight in the ecommerce world will be a great asset at this time in the group's growth. The Board very much look forward to working with him.\"\nThe following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies.\n \nIain McDonald (aged 46) holds or has held the following directorships or partnerships in the past five years:\n \n\n\n\n\nCurrent Directorships or Partnerships\n\n\nPrevious Directorships or Partnerships\n\n\n\n\nMySale Group plc\n\n\nBelvedere Schools Limited\n\n\n\n\nThe Hut Group Limited\n\n\nBelerion Capital Limited (formerly Iain McDonald Capital Limited)\n\n\n\n\nCentralNIC Gro...