Caledonia Investments plc ("Caledonia" or the "Company") announces that, after almost ten years of service as Finance Director, Stephen King will be stepping down from the board and leaving the Company once a successor has been recruited.
Will Wyatt, Chief Executive, commented:
"Stephen joined Caledonia in December 2009 and has been a key contributor to the formation and implementation of the new strategy that I initiated on my appointment as Chief Executive in the following year. In particular, he has been instrumental in the development of our risk management processes and investor relations programme. On behalf of the board, I would like to thank him for his significant contribution to the success of the Company over his time as our Finance Director and to wish him well for the future."
Stephen King commented:
"I am pleased to be leaving Caledonia at a time when its strategy, performance and risk processes are established and well-positioned for the long term. I am now looking forward to developing a portfolio of non-executive roles."
16 July 2018
Enquiries
Caledonia Investments plc
Will Wyatt (Chief Executive)
Tel: +44 20 7802 8080
Tulchan Communications
Peter Hewer
Lisa Jarrett-Kerr
Tel: +44 20 7353 420
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