Directorate Change

RNS Number : 4355S

Drax Group PLC

24 September 2014

 



24 September 2014

Drax Group plc

(Symbol:DRX)

Directorate Change

Drax announces today that Charles Berry is to retire as a non-executive director and Chairman of the Board.  The retirement will become effective at the conclusion of the Company's next Annual General Meeting scheduled to be held in April 2015.

Charles Berry was appointed to the Board as a non-executive director in December 2005 and was appointed as Chairman in April 2008.

The Board has commenced a search process with a view to the appointment of a successor with effect from the close of the 2015 AGM. 

David Lindsell, Senior independent non-executive director of Drax, commented:

"On behalf of the Board, I should like to thank Charles for his exceptional contribution to Drax over the past nine years.  In particular, he has been a driving force in the creation and development of Drax's biomass strategy and in leading the transformation of the business." 

Charles Berry, Chairman of Drax, added:

"When I step down as Chairman of Drax next April, it will be well on its way to becoming a business generating and supplying electricity predominantly from sustainable biomass.  It has an important future role in the UK's energy supply.  It has been a privilege to lead this transformation and to work with an exceptional Board and executive management team.  I wish Drax every success as it continues with its work."

Enquiries:

Drax Investor Relations: Michael Scott / Mark Strafford

[phone] / [phone]

Media:

Drax External Communications: Melanie Wedgbury

[phone]

Website: www.drax.com

END

 

END

 

 

BOAQKNDNCBKDFCB