Business
Executive Share Scheme & Proposed CEO Transition
Executive Share Scheme & Proposed CEO Transition.
About this update from Frasers Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 4486N\n Frasers Group PLC\n 29 September 2021\n \n \n \n \n Date: 29 September 2021 \n \n \n \n \n \n Frasers Group Plc\n \n \n (\"Frasers Group\" or the \"Group\")\n \n \n \n \n \n Executive Share Scheme & Proposed CEO Transition\n \n \n \n \n \n Frasers Group confirms that the Executive Share Scheme proposed by the Board was approved at today's AGM, and for reference would have been approved if the votes cast by Mr Mike Ashley, or his holding companies, had not been included in the quorum or vote.\n \n \n \n \n \n It is now confirmed that it is intended that Mr Michael Murray will assume the CEO role from 1st May 2022 further to our RNS of 5th August 2021.\n \n \n \n \n \n The Group notes that it will be necessary for Mr Murray and the Group to finalise the terms on which any relevant prior consultancy services agreements will terminate prior to 1st May 2022.\n \n \n \n \n \n Ends. \n \n \n \n \n \n \n \n \n \n Frasers Group Plc\n \n T. 0344 245 9200\n \n \n Tom Piper, Company Secretary E. [email protected]\n \n \n \n This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.\n END\n \n MSCQKLFLFKLZBBD\n ","length":3558,"tagName":"div"}]