27 September
2024
M&C SAATCHI PLC
(the "Company" or "M&C
Saatchi")
Board changes
M&C Saatchi announces that Georgina Harvey
will join the Company as a Non-Executive Director to the board of
M&C Saatchi (the "Board") on 1 October 2024. The Company
also announces that Louise Jackson will step down from her role as
a Non-Executive Director to the Board at the Company's next Annual
General Meeting.
On her appointment to the Board, Georgina will
join the Audit & Risk and Nomination Committees and effective 1
January 2025, will become Chair of the Company's Remuneration
Committee.
Georgina is an experienced Non-Executive
Director having held several non-executive and senior independent
director roles across a range of UK listed companies. She has
extensive experience acting as Chair of the Remuneration Committees
on the boards that she currently or has previously served
on.
Georgina currently acts as a Senior Independent
Director on the board of Capita plc as well as Non-Executive
Director on the board of Britvic plc, where she also chairs the
respective Remuneration Committees. She has also previously served
as Non-Executive Director of Superdry plc, McColl's Retail Group
plc, Big Yellow Group plc and William Hill plc.
Georgina also brings many years of executive
level experience in advertising and media having previously been
Managing Director, Regionals at Trinity Mirror Group, Managing
Director at Wallpaper Group, and Managing Director at IPC
Advertising.
Zillah
Byng-Thorne, Non-Executive Chair, commented:
"The Board
looks forward to welcoming Georgina and would like to thank Louise
for the advice and guidance she has provided to the Company since
she joined the Board in March 2020."
Georgina
Harvey, incoming Non-Executive Director,
commented:
"M&C Saatchi is going
through an exciting period of transformation. I am looking forward
to joining the Board and contributing towards M&C Saatchi's
ongoing development and success over the coming
years."
Further information
|
M&C
Saatchi
|
+44 (0)20-7543-4500
|
|
Zillah Byng-Thorne, Non-Executive
Chair
Zaid Al-Qassab, Chief Executive
Officer
|
|
|
Tom Fahey, Investor Relations
|
|
|
Headland
Consultancy
|
+44 (0)20 3805 4822
|
|
Rob Walker, Charlie Twigg, Tan
Siddique
mcsaatchi@headlandconsultancy.com
|
|
|
Panmure
Liberum- Nominated Adviser and Joint Broker
|
+44 (0)20-3100-2000
|
|
Max Jones, Edward Mansfield, Will
King
|
|
|
Deutsche Numis
- Joint broker
|
+44 (0)20-7260-1000
|
|
Nick Westlake, Iqra Amin
|
|
About M&C
Saatchi
M&C Saatchi is a creative solutions company
with specialist expertise and creativity in helping our clients
grow by maximising the reach and potential of their brands. It does
this through its regional-first operating model with five core
specialisms - Advertising, Issues, Passions, Consulting and Media -
which it leverages in an integrated go-to-market approach. It has
significant global reach, with major hubs in the UK, Europe, Middle
East, APAC and the Americas and supported by global shared
services.
M&C Saatchi is headquartered in London and
listed on the FTSE AIM index of the London Stock
Exchange.
Disclosure under Schedule 2 (g) of the
AIM Rules for Companies
In accordance with Schedule 2 (g) of the AIM
Rules for Companies, Georgina Harvey (aged 60 years) holds/has held
the following directorships/partnerships in the last five
years:
|
|
|
|
Current
directorships/partnerships
|
Previous
directorships/partnerships (last five years)
|
|
Britvic plc
|
Superdry
plc
|
|
McColl's Retail Group
plc(1)
|
Big Yellow Group
plc
|
|
Capita plc
|
William Hill
Limited
|
(1) McColl's Retail Group plc
("McColl's") entered into administration in May 2022 with the
administrator arranging for a sale of McColl's business and assets
to Alliance Property Holdings Limited, part of the Morrisons Group.
Consideration for the sale of McColl's business and assets, which
completed in May 2022, was £182 million with a further £8 million
included to pay unsecured creditors. Administration remains in
progress with unsecured creditors following the sale amounting to
£45 million.
Georgina holds no ordinary shares or options
over ordinary shares in the Company.
There are no further
disclosures to be made under Schedule 2(g) of the AIM Rules for
Companies.