18 November 2019
JTC PLC
(the "Company" and together with its subsidiaries "JTC" or the "Group")
Appointment of Independent Non-Executive Director
JTC, a global provider of fund, corporate and private wealth services to institutional and private clients, is pleased to announce the appointment of Erika Schraner as an Independent Non-Executive Director, joining the Board with immediate effect.
Erika brings to the Board a wealth of experience and expertise in professional services, with particular strength in the areas of commercial development, M&A and technology. A dual Swiss-US national, Erika obtained an MS & BA in Mathematics from EPFL Switzerland before going on to complete a PhD in Management Science & Engineering at Stanford University, USA. Erika began her post education executive career with IBM Corp in Silicon Valley and also worked for global cybersecurity leader Symantec Corp, now NortonLifeLock Inc. She then moved into senior professional services roles with Ernst & Young in Silicon Valley where as a Partner, she was the Americas Operational Transaction Services leader for the Technology sector. Most recently Erika was with PwC LLP in London, where until 2018 she was Partner, UK M&A Integration Leader & TMT M&A Advisory / Delivering Deal Value Leader.
Her board-level roles, held since 2001, have included serving as an Advisory Board Member for eBoomerang (USA) and Freeon Ltd (UK) and a Non-Executive Director of Kevian Capital Management LLP, a San Francisco based global asset management firm with US$200m in hedge fund assets and US$1bn in advisory assets. Erika currently holds one other Non-Executive Director role with Amino Technologies PLC (Cambridge, UK), whom she joined in 2019 and where she is also Chair of the Audit Committee and a member of the Nomination Committee.
Mike Liston, Non-Executive Chairman of JTC PLC, said:
"JTC's global growth strategy is all about the smart improvement of its traditional businesses combined with the equally smart acquisition and integration of new ones. Erika brings immediately relevant skills to the Board as the company pursues a range of opportunities in attractive growth markets."
Erika Schraner, added:
"I am excited to join the Board of JTC. With its dynamic and innovative approach to business, underpinned by its strong culture centred around its people and unique shared ownership model, JTC is well positioned for continued growth and success. I am delighted to have this opportunity to play a part in that."
There are no further details in respect of Erika Schraner requiring disclosure under Listing Rule 9.6.13.
For further information please contact:
Miranda Lansdowne
JTC (Jersey) Limited
Joint Company Secretary
+44 1534 700 000
Miranda.Lansdowne@jtcgroup.com
About JTC
JTC is a global provider of fund, corporate and private wealth services to institutional and private clients. The Company has a global presence, with over 700 staff operating from a network of 20 offices and assets under administration totalling c. US$ 110 billion.
JTC is committed to its shared ownership culture and philosophy, with management and staff holding over 20% of the equity in the firm, clearly aligning the interests of clients, employees and other stakeholders.