Clarkson PLC Appointment of New Chair (2855D)
02 Marzo 2022 - 8:01AM
UK Regulatory
TIDMCKN
RNS Number : 2855D
Clarkson PLC
02 March 2022
CLARKSON PLC
(the "Company" or "Clarksons")
2 March 2022
Appointment of New Chair
Further to the announcement on 15 December 2021 that Sir Bill
Thomas would not be seeking re-election at the Company's annual
general meeting in May, and would step down upon the appointment of
his successor, the Board has undertaken a rigorous search of both
external and internal candidates and is pleased to announce that
Laurence Hollingworth has been appointed Chair with immediate
effect.
Laurence joined the Clarksons Board in July 2020 and brings
extensive experience in the capital markets and a strong
understanding of the broking environment following a 37-year career
in stockbroking and investment banking with Cazenove and JP
Morgan.
He held several senior leadership roles at JP Morgan including
Head of UK Investment Banking, Head of EMEA Industry Coverage and
finally as Vice Chairman for Equity Capital Markets EMEA. He is
currently the Non-Executive Chairman at ABM Communications, and a
Non-Executive Director at Recycling Technologies and Atom Bank
PLC.
As Chair of the Board, Laurence will step down from his role as
a member of the Audit and Risk Committee, will remain a member of
the Remuneration Committee and will become Chair of the Nomination
Committee.
Following the appointment of Laurence as successor, Sir Bill
Thomas will step down from the Board today.
Andi Case, CEO, commented "We are very pleased to welcome
Laurence to his new role as Chair of the Board. Since he joined
Clarksons in 2020 he has proven himself an invaluable advisor with
a wealth of experience in the broking sector and I look forward to
working with him in his new position.
We thank Bill for his leadership of the Board over the last
three years and wish him all the best for the future."
Laurence Hollingworth, incoming Chair of Clarksons, said: "I am
delighted and privileged to succeed to the position of Chair of
Clarksons. Over the last two years I have seen first-hand the
expertise, teamwork and determination that have enabled the Company
to navigate the global challenges brought about by Covid-19 with
tremendous success. There is no doubt in my mind that Clarksons is
the leading service provider across all of its markets. I look
forward to continuing to work with the Board to lead the Company
into the next successful stage of its journey as it seeks to lead
the industry through the Green Transition, deliver for clients
across all verticals and increase value for shareholders."
As at 2 March 2022, following these changes, the Board
committees will comprise the following members:
Audit and Risk Committee Nomination Committee Remuneration Committee
Sue Harris (Chair) Laurence Hollingworth Dr Tim Miller (Chair)
Peter Backhouse (Chair) Sue Harris
Martine Bond Peter Backhouse Laurence Hollingworth
Heike Truol Dr Tim Miller Birger Nergaard
Heike Truol
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Company enquiries:
Andi Case, Chief Executive Officer
Jeff Woyda, Chief Financial Officer and Chief Operating
Officer
Tel: +44(0) 20 7334 0000
Camarco:
Billy Clegg
Jennifer Renwick
Tel: +44(0) 20 3757 4983 / 4994
About Clarkson PLC
Clarkson PLC is the world's leading provider of integrated
services and investment banking capabilities to the shipping and
offshore markets, facilitating global trade.
Founded in 1852, Clarksons offers its diverse and growing client
base an unrivalled range of shipbroking services, sector research,
on-hand logistical support and full investment banking capabilities
in all key shipping and offshore sectors.
The Company has delivered 18 years of consecutive dividend
growth. The highly cash generative nature of the business,
supported by a strong balance sheet, has enabled Clarksons to
continue to invest to position the business to capitalise on the
upturn in its markets.
Clarksons is listed on the main market of the London Stock
Exchange under the ticker CKN and is a member of the FTSE 250
Index.
For more information, visit www.clarksons.com .
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END
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