Business
Appointment of Chair of the Company
Appointment of Chair of the Company.
About this update from Hunting Plc
[{"type":"text","content":"\n\n\n\n\n\n \n\n\n10 January 2024\n\n\n\n\n\n \n\n \nHunting PLC\n \n(\"Hunting\" or the \"Company\" or the \"Group\")\n \nAppointment of Chair of the Company\n \nHunting PLC (LSE: HTG), the precision engineering group, is pleased to announce the appointment of Stuart M. Brightman as non-executive Chair of the Company with effect from the conclusion of Hunting's Annual General Meeting (\"AGM\") to be held on 17 April 2024.\n \nStuart will succeed John (\"Jay\") Glick who will retire at the conclusion of the AGM, following completion of nine years' service as a non-executive Director of the Company.\n \nStuart M. Brightman\n \nStuart was appointed as an independent, non-executive Director on 3 January 2023 and has served on the Company's Audit, Ethics and Sustainability, Nomination and Remuneration Committees since his appointment to the Board.\n \nBefore joining Hunting, Stuart was Chief Executive Officer of TETRA Technologies Inc. from 2009 to 2019. Stuart has also held senior, international management roles within Dresser Inc. and Cameron Iron Works. Stuart also trained as a chartered accountant with a predecessor company of Ernst & Young.\n \nIn addition to his executive experience, Mr Brightman was a non-executive Director of NexTier Oilfield Solutions Inc, chairing the Nomination and Governance Committees, prior to its acquisition by Patterson-UTI Energy Inc in 2023.\n \nStuart is a US citizen and is resident in Austin, Texas, USA.\n \nMr Brightman will also Chair the Board's Nomination Committee following his appointment as Chair of the Company.\n \nFollowing consultation with the Remuneration Committee, Mr Brightman's annual fee for chairing the Company and the Nomination Committee will be £225,000, with effect from 17 April 2024.\n \nPursuant to Listing Rule 9.6.13, Mr Brightman does not hold any other public company directorships.\n \nBoard Committees\n \nFollowing his appointment as Chair of the Company and the Nomination Committee, Mr Brightman will step down from all other Board Committees, including Chairing the Ethics and Sustainability Committee. Margaret Amos, whose appointment as a new, independent, non-executive Director has been announced separately today, will Chair the Ethics and Sustainability Committee with effect fro...