Business
Directorate Changes and Annual Financial Report
Directorate Changes and Annual Financial Report.
About this update from Marshalls Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 1960U\n Marshalls PLC\n 01 April 2021\n \n \n \n \n 1 April 2021\n \n \n \n \n \n Marshalls plc\n \n \n (the \"Company\")\n \n \n \n \n \n Directorate changes\n \n \n Annual Report 2020 and Notice of 2021 Annual General Meeting\n \n \n \n \n \n Board changes\n \n \n \n \n \n Further to the announcement on 11 March 2021 of Jack Clarke's agreement with the Board to retire as Group Finance Director and as an Executive Director, Jack has agreed to step down from the Board and as Group Finance Director with effect from today. As previously announced, a transition plan is well advanced and Jack will remain with the Group until 31 March 2022 to ensure a smooth and orderly handover. \n \n \n \n \n \n Janet Ashdown has informed the Board that, after six years with the Company, she wishes to retire from the Board with effect from the end of the Company's 2021 AGM in May. The Board would like to thank Janet for her significant contribution to the success of the Company, particularly in her capacity as Senior Independent Non-Executive Director, Chair of the Remuneration Committee and designated Non-Executive Director for workforce engagement. Janet has provided invaluable knowledge and expertise in helping the Board navigate a number of changes over recent years to the governance landscape for listed companies. \n \n \n \n \n \n With effect from the end of this year's AGM, Graham Prothero has agreed, in addition to his duties as Chair of the Audit Committee, to assume the role of Senior Independent Director. Graham has been with the Company nearly four years and is an experienced listed company director. \n \n \n \n \n \n Angela Bromfield will take over as Chair of the Remuneration Committee and designated Non-Executive Director for workforce engagement. Angela has served more than 12 months on our Remuneration Committee and is the serving Chair of the Remuneration Committee for both Churchill China PLC and Harworth Group PLC. \n \n \n \n \n \n The Nomination Committee has factored these changes into its succession planning which continues to focus on ensuring that the knowledge, skills and experience on the Board are aligned with the Company's strategic priorities and enable it to comply with the requirements of the UK Corporate Governance Code.\n \n \n &n...