Directorate Change

RNS Number : 1279H

Caledonia Investments PLC

22 November 2022

 

 

Caledonia Investments plc

Directorate change

Caledonia Investments plc ("Caledonia" or the "Company") announces that Tim Livett, Chief Financial Officer, has advised the board of his intention to retire and leave the Company to develop a portfolio of non-executive roles once his successor joins.

The search process for a new Chief Financial Officer has commenced and the market will be updated on progress as appropriate.

Mat Masters, Chief Executive Officer, commented:

"Tim joined Caledonia in early 2019, quickly becoming a key member of our leadership team. In particular, he has been instrumental in successfully leading the modernisation of our finance and IT functions and further developing our risk management processes. I would like to thank him for these improvements and for his personal support. While I look forward to continuing to work closely with Tim over the next few months, on behalf of the board and colleagues, I wish him well for the future."

Tim Livett, Chief Financial Officer, commented:

"It has been a pleasure and a privilege to play a role in the development of Caledonia, and to work alongside Mat, the board and the executive team. I am very proud of what we have achieved together over the past few years."

22 November 2022

For further information contact:

Caledonia Investments plc
Mat Masters Chief Executive Officer	[phone]
Tulchan Communications
Tom Murray, Lisa Jarrett-Kerr	[phone]

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Notes for editors:

Caledonia Investments plc

Caledonia is a self-managed investment trust company.  Our aim is to grow net assets and dividends paid to shareholders, whilst managing risk to avoid permanent loss of capital. We achieve this by investing in proven well-managed businesses that combine long term growth characteristics with an ability to deliver increasing levels of income. We hold investments in both listed and private markets, a range of sectors and, particularly through our listed and fund investments, have a global reach.

For additional information on Caledonia, please visit www.caledonia.com    

 

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