Board Changes

RNS Number : 9619J

Kier Group PLC

23 December 2015

 

Wednesday 23 December 2015

KIER GROUP PLC

BOARD CHANGES

Kier Group plc ("Kier") announces that Richard Bailey has indicated his wish to retire from its board of directors (the "Board") and will do so on 31 January 2016. Richard was appointed to the Board with effect from 1 October 2010 and was appointed as the Chairman of the Risk Management and Audit Committee with effect from 12 November 2010 and as the Senior Independent Director with effect from 21 February 2014.

Kier also announces that, with effect from 1 January 2016, Adam Walker, currently the Group Finance Director of GKN plc ("GKN"), will join the Board as a non-executive director and as the Chairman of the Risk Management and Audit Committee. Kier will announce the appointment of the new Senior Independent Director in due course.

Adam Walker has been the Group Finance Director of GKN since February 2014 and was appointed Chief Executive of GKN Land Systems in September 2015. Previously, Adam was the Finance Director of Informa plc from 2008 to 2013 and, prior to this, he was the Group Finance Director of National Express Group plc from2003to2008. Adam qualified as a chartered accountant with Touche Ross in 1992.

Commenting on the changes to the Board, Phil White, the Chairman of Kier, said:

"Richard has made a major contribution to Kier and the Board during the last five years. In particular, under his chairmanship, the Risk Management and Audit Committee has worked hard, during a period of significant growth by Kier, to ensure that Kier's systems of internal control and risk management support the delivery of Vision 2020. On behalf of my Board colleagues, I would like to thank Richard and to wish him every success for the future."

"I would also like to welcome Adam to the Board. Adam's range of skills and experience, which have been developed in a number of organisations throughout his career, will complement those of the other members of the Board. He is an experienced finance director, having been a board member of three publicly listed companies, and is therefore well-placed to take on the role of Chairman of the Risk Management and Audit Committee."

No further information is required to be disclosed pursuant to Listing Rule 9.6.13R.

-ENDS-

Contacts:

Faeth Birch/Daniela Fleischmann (Finsbury):        [phone]


Kier press office:                                                         [phone] / [phone]

 

END

 

 

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