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IN BRIEF: Melrose Industries hires former British Land CEO as chair

18th Jun 2024 08:36

Melrose Industries PLC - Birmingham, England-based aerospace firm with Engines and Structures divisions that were formerly part of GKN - Hires Chris Grigg to be non-executive chair, joining the Melrose board on October 1 and taking over as chair from Justin Dowley at the end of March next year. Dowley has been in post since 2019. Grigg currently is chair of the UK Infrastructure Bank and of wealth manager Evelyn Partners. He was senior independent director of BAE Systems PLC until this past December. As an executive, he was chief executive of commercial property developer British Land Co PLC and of Barclays Commercial Bank, part of Barclays PLC.

Current stock price: 579.30 pence

12-month change: up 13%

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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