24 July 2024
MORGAN
ADVANCED MATERIALS PLC
Appointment of Senior Independent Director
Morgan Advanced Materials plc
("Morgan"; "Company"), the global manufacturer of advanced carbon
and ceramic materials for complex and technologically demanding
applications, announces today the appointment of Alison Wood as
Senior Independent Director. Alison will join the Board on 1
November 2024; at which point Laurence Mulliez will step down as
Senior Independent Director and a director of the
Company.
Alison is a highly experienced
non-executive director with a significant background in
international industrials. She brings deep governance expertise
gained across numerous listed businesses, having served as Chair,
Senior Independent Director and Remuneration Committee Chair in a
number of FTSE 350 businesses. In her executive career, she was
central to the strategic development of BAE Systems plc as Group
Strategic Development Director (2004 to 2008) and was also Global
Director of Strategy and Corporate Development at National Grid plc
(2008 to 2013). She currently serves as Chair of Galliford Try
Holdings plc, Senior Independent Director and Remuneration
Committee Chair of Oxford Instruments plc and Remuneration
Committee Chair of TT Electronics plc.
Commenting on the appointment, Ian
Marchant, Chair, said:
"We are delighted that Alison will
be joining the Board. She brings a wealth of expertise in listed
company governance. Her insightful and strategic leadership and
valuable commercial expertise will support the further progress and
the success of the Group in the years ahead.
On behalf of the Board, I would like
to thank Laurence for her extensive commercial insight and the
contribution she has made to Morgan's strategic thinking over the
past eight years. I would also like to thank her personally for the
part she has played as Senior Independent Director in helping me to
settle into my role as Chair. We wish her well for the
future."
For
further enquiries:
Pete
Raby
Morgan Advanced Materials
plc
01753 837 000
Richard Armitage
Nina Coad
Brunswick
0207 404
5959
Notes:
1. Alison will become a
member of the Audit, Remuneration and Nomination Committees on
appointment.
2. For the purpose of
Listing Rule 9.6.13(R), Alison was also a non-executive
director and Remuneration Committee Chair of Capricorn Energy plc
(2019 to 2023), Senior Independent Director & Remuneration
Committee Chair of Costain Group plc (2014 to 2022) and
non-executive director and Remuneration Committee Chair of Cobham
plc (2011 to 2020). There is no further
information to be disclosed pursuant to Listing Rule
9.6.13(R).
3. The Directors have
determined that upon appointment she will be
independent.