Directorate Change

RNS Number : 6582Q

Grainger PLC

24 October 2011

 



24 October 2011

Grainger plc ("Grainger"/ the "Company")

Directorate Change

Grainger plc, the UK's largest quoted residential property owner, today announces the appointment of Tony Wray to its Board as a non-executive director.  Tony (49) has been the Chief Executive of FTSE 100 water company Severn Trent Plc since 2007, prior to which he worked in senior management positions for British Gas and Transco. He brings to the Grainger Board wide operational and strategic experience of working for major, consumer-facing companies with multiple stakeholders and sites across the country.

Mr  Wray is considered independent on appointment under the provisions of the combined code. 

He is currently an independent non-executive director of Energy and Utility Skills, the sector skills council, and is a member of the Business Advisory Board for Living with Environmental Change.

There are no further details that are required to be disclosed in respect of the appointment under LR 9.6.13 R of the Listing Rules of the UK listing Authority.

Robin Broadhurst, Chairman of Grainger, commented:

 "Tony brings with him a wealth of experience from working at large scale companies operating in the closely regulated utilities industry. I am certain that his broad perspective and customer focus will ensure he makes a major contribution to the Grainger Board. I very much look forward to working alongside him, and am pleased to be welcoming him to the Company as we continue to grow and expand our activities across the UK."

-ENDS-

For further information:

Grainger plc	FTI Consulting
Andrew Cunningham/ Kurt Mueller	Stephanie Highett/Dido Laurimore/Will Henderson
Tel: [phone] Tel: [phone]	Tel: [phone]

Grainger plc is the largest specialist residential property owner and manager traded on the London Stock Exchange. Our business activities in the UK and Germany cover ownership, trading, fund management, property management and development of residential property. Grainger is also a leading provider of retirement housing solutions, including home reversion products through Bridgewater Equity Release. We have approximately £2.4bn of wholly-owned property assets and over £3bn of assets under management.

 

END

 

 

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