Directorate Change

RNS Number : 6591V

Clarkson PLC

15 December 2021

 

CLARKSON PLC

("the Company" or "Clarksons")

15 December 2021

Board Changes

Clarkson PLC, the world's leading provider of integrated shipping services, today announces that Sir Bill Thomas has informed the Board of his intention to step down from his role as the Chair of the Clarksons Board.

As he approaches the end of his three-year tenure, Sir Bill has decided now is the appropriate time to focus on other roles and activities and will therefore not be offering himself for re-election at the Company's annual general meeting in May 2022.  He has agreed to stay on until his successor has been appointed and will step down from his position and from the Board at that time.

Peter Backhouse, Clarksons' senior independent director, will lead an independent selection process for a new Chair.

The Company thanks Sir Bill for his significant contribution to Clarksons during his tenure and wishes him well with his future plans.

Andi Case, CEO, said:

"I would like to thank Bill for his leadership of the Board over the last three years, during what have been unprecedented times. The Company is in robust financial health and well placed for the next phase of its development.  Bill leaves with our best wishes for the future."

Sir Bill Thomas said:

"It has been a privilege to be part of Clarksons and work with many talented colleagues over the past three years.  I am pleased to leave Clarksons with a robust strategy, strong financial performance and a much-renewed Board.  I look forward to seeing the firm continue to go from strength to strength."

Ends

For further details contact:

Clarkson PLC

Andi Case, Chief Executive Officer

Jeff Woyda, Chief Financial Officer and Chief Operating Officer

Tel: [phone]

Camarco

Billy Clegg

Jennifer Renwick

Tel: [phone] / 4994

About Clarkson PLC

Clarkson PLC is the world's leading provider of integrated services and investment banking capabilities to the shipping and offshore markets, facilitating global trade.

Founded in 1852, Clarksons offers its diverse and growing client base an unrivalled range of shipbroking services, sector research, on-hand logistical support and full investment banking capabilities in all key shipping and offshore sectors.

The Company has delivered 18 years of consecutive dividend growth. The highly cash generative nature of the business, supported by a strong balance sheet, has enabled Clarksons to continue to invest to position the business to capitalise on the upturn in its markets.

Clarksons is listed on the main market of the London Stock Exchange under the ticker CKN and is a member of the FTSE 250 Index.

For more information, visit  www.clarksons.com .

This announcement contains inside information as defined in Article 7 of the retained EU law version of the Market Abuse Regulation No 596/2014 ("UK MAR") and has been announced in accordance with the Company's obligations under Article 17 of UK MAR.

 

END

 

 

BOATIBPTMTIBBTB