NEWS RELEASE 23 November 2023 |
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www.justgroupplc.co.uk |
JUST GROUP PLC Directorate changes
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An announcement was made on 6 July 2023 that Mark Godson would join Just Group plc ("Just, the "Group") as Group Chief Financial Officer with effect from 1 January 2024, subject to regulatory approval. Andy Parsons, the current Group Chief Financial Officer would retire from the Board on 31 December 2023.
The Board is pleased to announce that Mark Godson has now received the necessary regulatory approvals and will be appointed as executive director and Group Chief Financial Officer on 1 December 2023.
Andy Parsons will continue as an executive director until he retires on 31 December 2023 to allow for a smooth transition.
David Richardson, Group Chief Executive Officer, commented:
"We are delighted Mark has now started his role at Group Chief Financial Officer at Just. He is one of the top talents in the insurance market, bringing with him extensive commercial and financial insight gained from across the sector. We are delivering mid teen profit growth and our business has never been stronger. Mark has a growth mindset and is ideally placed to help us continue to deliver our profit pledge. I am looking forward to working closely with him.
On behalf of the Board, I want to thank Andy Parsons for his central role in building our financial strength which has allowed us to return to growth in recent years and face into the future with confidence. He has also delivered a major programme of finance transformation including the implementation of IFRS 17." |
Mark Godson commented:
"I'm pleased to have joined the Board and the Executive team, to support the Group's growth strategy, creating value for our shareholders and delivering great outcomes for our customers. Over recent years I have been impressed with the way Just, the UK's retirement specialist, has successfully transformed its business model. I'm excited about the future prospects of the business and working alongside colleagues to fulfil our purpose to help people achieve a better later life."
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Andy Parsons commented:
"I'm very pleased that the business is in such great shape at the point that I leave to start my retirement. Just is a purpose led business with an absolute focus on its customers and I've really enjoyed my time here. It's great to be handing over the baton to a talented new CFO in Mark."
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The announcement is made in accordance with Rule 9.6.11 of the Listing Rules.
For further information, please contact:
Enquiries
Investors / Analysts
Alistair Smith, Investor Relations Telephone: +44 (0) 1737 232 792 Alistair.smith@wearejust.co.uk
Paul Kelly, Investor Relations Telephone: +44 (0) 207 444 8127
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Media
Stephen Lowe, Group Communications Director Telephone: +44 (0) 1737 827 301 press.office@wearejust.co.uk
Temple Bar Advisory Alex Child-Villiers William Barker Telephone: +44 (0) 20 7183 1190 |
JUST GROUP PLC
GROUP COMMUNICATIONS
Enterprise House,
Bancroft Road, Reigate
Surrey RH2 7RP