11th Sep 2024 10:35
(Alliance News) - FirstGroup PLC on Wednesday said it appointed the current chair of London-based commercial property real estate investment trust Picton Property Income Ltd, Lena Wilson, as chair from February 1.
FirstGroup, the Aberdeen-based transport company, back in July announced that Chair David Martin intends to retire. The company on Wednesday said Martin retired from the board on Tuesday, with Senior Independent Director Peter Lynas acting as chair until Wilson takes over.
Incoming chair Wilson is also a non-executive director at lender NatWest Group PLC.
FirstGroup Acting Chair Peter Lynas said: "We are delighted that Lena will be joining us to chair our board, bringing substantial experience from both the public and private sector combined with a strong track-record as a non-executive director."
FirstGroup shares were 0.9% lower at 157.44 pence each on Wednesday morning in London.
By Tom Budszus, Alliance News slot editor
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