Travis Perkins: Directorate change

Travis Perkins (TPK) 
Travis Perkins: Directorate change 
 
01-Nov-2019 / 07:00 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
*Travis Perkins plc* 
 
*Directorate Change* 
 
As part of its Board succession planning process and pursuant to Listing 
Rule 9.6.11 Travis Perkins plc (the "Company") makes the following 
announcement: 
 
Ruth Anderson, Non-executive Director, Chairman of the Audit Committee and 
member of the Nominations and Stay Safe Committees will step down from the 
Board on 3 March 2020; 
 
John Rogers, Non-executive Director and member of the Audit and Nominations 
Committees, will become Chairman of the Audit Committee with effect from 3 
March 2020; and 
 
Marianne Culver and Blair Illingworth are appointed to its Board as 
Non-executive Directors with effect from 1 November 2019, when they will 
also join the Nominations Committee of the Board. 
 
Marianne has extensive executive and board experience in the global 
distribution and logistics sectors. She has served as Chief, Global Supply 
Chain with Premier Farnell plc and as Chief Executive (UK & Ireland) of TNT. 
Marianne was latterly Global President of RS Components, the components 
trading and distribution division of Electrocomponents plc. Her 
non-executive career to-date has included membership of the boards of Rexel 
SA (listed on Euronext Paris), The British Quality Foundation and EDS 
Corporation. 
 
Blair has extensive executive and board experience in the building products 
sector having been a director of Marshalls plc, Chief Executive of Polypipe 
plc, and Chief Executive of Tarmac Building Products. He has enjoyed a 
varied career which includes military service as a commissioned officer in 
the Royal Marines and roles at the most senior level in public and private 
companies. He is Chief Executive and a director of Stirling Industries plc. 
 
Commenting on the changes to the Board, Stuart Chambers, Chairman of Travis 
Perkins, said: 
 
"2020 marks Ruth's ninth year with the Company as a Non-executive Director. 
We thank Ruth for her dedicated service to the Company and valuable 
contribution to the Board since her appointment in 2011, and particularly 
for her skilled chairing of the Audit Committee for seven of those years. 
 
We are delighted to welcome Marianne and Blair to the Travis Perkins team. 
They bring a broad range of skills and diverse experience, notably in the 
building products, distribution and logistics sectors." 
 
- Ends - 
 
Listing Rule 9.6.13: There is no further information to be disclosed in 
respect of Marianne Culver or Blair Illingworth under paragraphs 9.6.13 (1) 
to (6) of the Listing Rules. 
 
Remuneration Arrangements: As Non-executive Directors, Marianne Culver and 
Blair Illingworth will each receive an annual fee of GBP58,661. No fee is paid 
for membership of the Nominations Committee. 25% of their fee will be paid 
in shares and 75% will be paid in cash. From 3 March 2020, John Rogers will 
receive an annual fee of GBP17,000 as Chairman of the Audit Committee in 
addition to his GBP58,661 annual Non-executive Director fee. Non-executive 
Directors' fees are reviewed annually. 
 
Enquiries: 
 
Travis Perkins Tulchan Communications 
Robin Miller David Allchurch 
[phone] [phone] 
 
ISIN:           GB0007739609 
Category Code:  BOA 
TIDM:           TPK 
LEI Code:       2138001I27OUBAF22K83 
OAM Categories: 3.1. Additional regulated information required to be 
                disclosed under the laws of a Member State 
Sequence No.:   26476 
EQS News ID:    902301 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

November 01, 2019 03:00 ET (07:00 GMT)