Directorate Change

Virgin Money UK PLC

04 May 2023

 

VIRGIN MONEY UK PLC

(Company or Virgin Money)

LEI: 213800ZK9VGCYYR6O495

4 May 2023

Update on Directorate Change

On 16 December 2022 the Company announced that Darren Pope, a Non-Executive Director of the Company and Chair of the Remuneration Committee, had informed the Board of his intention to step down from the Board on 26 May 2023 to explore another non-executive director role which would have caused a conflict with Virgin Money. Darren has updated the Board that he will no longer be progressing this external opportunity and it has therefore been agreed that Darren will remain on the Virgin Money Board and will continue to Chair the Remuneration Committee.

In line with the Board succession plan, the search process for a Chair of the Remuneration Committee successor will continue. When a successor is appointed and a handover completed, Darren will remain on the Board as a Non-Executive Director.

Announcement authorised for release by Lorna McMillan, Group Company Secretary.

For further information, please contact:

Investors and Analysts
Richard Smith	07483 399303
Head of Investor Relations	[e-mail]
Company Secretary
Lorna McMillan	07834 585436
Group Company Secretary	[e-mail]
Media Relations
Press Office	0800 066 5998
	[e-mail]

 

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