Directorate Change

RNS Number : 9351D

IWG PLC

08 March 2022

 

8 March 2022

IWG PLC

DIRECTORATE CHANGE

IWG plc (the "Company"), the world's leading provider of hybrid work solutions, is pleased to announce that Tarun Lal will join IWG as a Non-Executive Director of the Company. The appointment will take effect from 10 May 2022 and is subject to applicable law including shareholder approval at the Company's forthcoming annual general meeting.

Tarun has worked extensively in the franchising industry, including over 20 years with Yum! Restaurants where he has held executive roles including Global Chief Operations Officer, KFC and his current role of Managing Director, Middle East, Turkey, Africa and India.

Commenting on the change announced today, Doug Sutherland, Chairman of IWG plc, said:

"Tarun's deep knowledge of the franchising industry will contribute to the continued strategic development of IWG. The benefits of having a strong and diverse Board are clear and Tarun's experience and viewpoints will add another dimension to those brought by our existing Board members and support our efforts to maintain an independent and challenging Board. We look forward to welcoming Tarun onto the Board."

There is no information required to be disclosed pursuant to LR 9.6.13

For further information, please contact:

IWG plc  [phone]

Mark Dixon, Chief Executive

Wayne Gerry, Group Investor Relations Director

Brunswick Group LLP                         [phone]

Nick Cosgrove / Peter Hesse

For more information, please visit  www.iwgplc.com

 

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