11th Jan 2019 08:03
LONDON (Alliance News) - Stagecoach Group PLC on Friday announced the resignation of one non-executive director and the appointment of another.
Stagecoach has appointed former Virgin Money Chief Executive Jayne-Anne Gadhia as a non-executive director, from March 1.
Gadhia was head of Virgin Money from 2007 to 2018, before it merged with CYBG PLC. It was listed on the London Stock Exchange from 2014 to 2018.
Before that, she worked at Norwich Union, now Aviva PLC, as well as Royal Bank of Scotland Group PLC.
Non-Exec Karen Thompson will not be standing for re-election at the company's annual general meeting on August 30, the company said.
Commenting, Chairman Brian Souter said: "I am delighted to welcome Jayne-Anne Gadhia to the Stagecoach board. Jayne-Anne brings a wealth of experience and I look forward to working with her.
"On behalf of the board, I thank Karen Thomson for the contribution she has made to the company since her appointment to the board in 2016. I am sure Karen will continue to make a strong contribution until she steps down later this year."
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