Directorate Change

RNS Number : 4652D
Royal Mail PLC
29 January 2015
 



Royal Mail plc

 

29 January 2015

 

Donald Brydon to step down as Chairman of Royal Mail plc later this year

 

Donald Brydon has informed the Board of Royal Mail plc of his intention to step down from the Board. The Senior Independent Director, Orna Ni-Chionna, has initiated a process to appoint his successor and Donald will continue to chair the Board until at least the AGM in the summer.

 

Donald was appointed Chairman in 2009. Since then, he has led the Board at a time of major change for Royal Mail, including its ongoing transformation and the Group's flotation in October 2013.

 

Donald Brydon, Chairman, said: "I am proud of what Royal Mail has achieved as a company in the last six years. Our transformation is well underway and we are now a FTSE 100 listed company. I feel that now is the right time for me to make this decision."

 

Moya Greene, Group Chief Executive, said: "Donald has played a key role as Chairman during one of the most eventful periods in our history. I would like to personally thank him for his support and counsel."

 

Orna Ni-Chionna, Senior Independent Director, said: "Donald has made a very significant contribution to the direction of Royal Mail during his six years as Chairman. The Board offers its thanks and looks forward to working with him in the coming months."

 

-ends-

 

Notes to editors:

 

Donald Brydon, CBE:Donald Brydon was appointed to the Board on 27 January 2009 and became Chairman on 26 March 2009. Donald had a 20-year career with Barclays Group, during which time he was Chairman and Chief Executive of BZW Investment Management and acting Chief Executive of BZW, followed by 15 years with the AXA Group, including holding the posts of Chairman and Chief Executive of AXA Investment Managers and Chairman of AXA Framlington. He has since chaired several FTSE 100 companies, in addition to his experience of a wide range of domestic and international industries. Donald is Chairman of Sage Group plc.

 

Media:

Mish Tullar

Phone: 07423 524 154

Email: mish.tullar@royalmail.com

 

Beth Longcroft

Phone: 07435 768 549

Email: beth.longcroft@royalmail.com 

 

Investor Relations:

Catherine Nash

Phone: 020 7449 8183

Email: investorrelations@royalmail.com 

 

 

Company Secretariat

Kulbinder Dosanjh

Phone: 020 7449 8133  

Email: cosec@royalmail.com

 

 


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