22nd May 2018 12:11
LONDON (Alliance News) - Helical PLC said Tuesday that Non-Executive Director Richard Gillingwater will not seek re-election to the board at the company's July 12 annual general meeting.
Gillingwater is the chairman of the property company's nominations committee and was a senior independent director at Helical prior to that. He joined the company in 2012.
"He has guided the board through several succession and governance issues during a time of increased scrutiny from investors and representative bodies and leaves the company in excellent shape," said Helical Chairman Mike Slade.
Shares in Helical were down 1.0% to 390.00 pence each on Tuesday morning.
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