Impax Asset Management Group
plc
("Impax"
or the "Company")
Board
Changes
Sally Bridgeland steps down
as Chair; Simon O'Regan appointed as successor
Impax, the specialist investor focused on the transition to a more
sustainable economy, today confirms that Sally Bridgeland has
retired as Chair and Non-Executive Director. Sally steps down from
the Board after serving a nine-year term as a Director and has been
Chair of Impax since December 2020. Lindsey Brace Martinez is also
stepping down as a Non-Executive Director and Chair of the
Company's Remuneration Committee effective today, having also
served a nine-year term. The retirement of both Directors and their
successors have previously been announced.
Accordingly, Simon O'Regan has been
appointed as Chair, as Sally's successor with immediate effect.
Simon became a Non-Executive Director of Impax in 2020 and was
previously Senior Independent Director, having been succeeded by
Annette Wilson with effect from today, 31 July 2024. Annette Wilson
remains Chair of the Audit & Risk Committee and Julia Bond
succeeds Lindsey Brace Martinez as Chair of the Remuneration
Committee, also with immediate effect. Simon O'Regan has ceased to
be a member of the Audit & Risk Committee.
Simon O'Regan has forty years'
experience in the insurance, pensions and asset management
industries. He is a UK qualified actuary and was formerly CEO of
Mercer in Australia, in the UK, in Europe and in the USA/Canada. He
was a member of the UK's Nuclear Liabilities Financing Assurance
Board until it submitted its final advice on Hinkley Point in 2015
and served as a Non-Executive Member of the Foreign, Commonwealth
and Development Office's Audit & Risk Assurance Committee. He
was formerly a Non-Executive Director of Alexander Forbes Group
Holdings Ltd.
Sally Bridgeland
commented:
"It has been a real pleasure to
serve on the Impax Board since 2015 and to act as Chair for the
past three and a half years. Over my time on the Board, Impax has
delivered impressive growth and responded effectively to the
evolving requirements of its clients. It's been a privilege to be
associated with a company with such a clear focus on its core
mission of investing in the transition to a more sustainable
economy and I believe it will continue to thrive under Simon's
tenure as Chair."
Simon O'Regan said:
"It's an honour to become Chair of
this dynamic business and I look forward to working alongside my
fellow Directors to support the growth trajectory of the Company.
Impax's unique offering means that the Company is well positioned
for further success."
Ian Simm, Chief Executive, Impax,
said:
"I'd like to thank Sally and Lindsey
for their significant contribution to the Impax Board and to
acknowledge their valuable support for and guidance to members of
the senior management team. With his deep expertise of the asset
management and pensions sectors, Simon is perfectly placed to
succeed Sally and I look forward to working with him closely as we
continue to grow and diversify the business."
- Ends -
Enquiries:
|
Impax Asset Management Group plc
Ian Simm, Chief Executive
Paul French, Head of
Communications
|
+44 (0)20 3912 3000
+44 (0)20 3912 3032
|
|
Montfort Communications
Gay Collins
Jack Roddan
impax@montfort.london
|
+44 (0)77 9862 6282
+44 (0)78 2567 0695
|
|
Peel
Hunt LLP, Nominated Adviser and Joint Broker
Andrew Buchanan
Dan Webster
Berenberg, Joint Broker
James Felix
Dan Gee-Summons
|
+44 (0)20 7418 8900
+44 (0)20 3207 7800
|
About Impax Asset Management
Founded in 1998, Impax is a
specialist asset manager, with assets under management of
approximately £36.9 billion as of 30 June 2024 in both listed and
private markets strategies, investing in the opportunities arising
from the transition to a more sustainable global
economy.
Impax believes that capital markets
will be shaped profoundly by global sustainability challenges,
including climate change, pollution and essential investments in
human capital, infrastructure and resource efficiency. These trends
will drive growth for well-positioned companies and create risks
for those unable or unwilling to adapt.
The company seeks to invest in
higher quality companies with strong business models that
demonstrate sound management of risk. Impax offers a well-rounded
suite of investment solutions spanning multiple asset classes
seeking superior risk-adjusted returns over the medium to long
term.
Impax has approximately 310
employees1 across its offices in
the United Kingdom, the United States, Ireland, Denmark, Hong Kong
and Japan making it one of the investment management sector's
largest investment teams dedicated to sustainable
development.
www.impaxam.com
1 Full-time
equivalent.
Issued in the UK by Impax Asset Management Group plc, whose
shares are quoted on the Alternative Investment Market of the
London Stock Exchange. Impax Asset Management Group
plc is registered in England & Wales, number
03262305. AUM relates to Impax Asset
Management Limited, Impax Asset Management (AIFM) Limited, Impax
Asset Management Ireland Limited and Impax Asset Management
LLC. Impax Asset Management Limited and Impax Asset
Management (AIFM) Limited are authorised and regulated by the
Financial Conduct Authority and are wholly owned subsidiaries of
Impax Asset Management Group plc. Please note that the
information provided on www.impaxam.com
and links from
it should not be relied upon for investment
purposes.
Impax is trademark of Impax Asset
Management Group Plc. Impax is a registered trademark in the UK,
EU, US, Hong Kong and Australia. © Impax Asset Management LLC,
Impax Asset Management Limited and/or Impax Asset Management
(Ireland) Limited. All rights reserved.