23rd Sep 2013 06:20
LONDON (Alliance News) - Phoenix Group Holdings (PHNX.L) announced the retirement of Alastair Lyons from the company's board on September 30, 2013. Alastair Barbour would join the Phoenix Board as a non-executive director, effective October 1, 2013 and would immediately replace Alastair Lyons as Audit Committee Chair.
Ian Cormack would immediately succeed Alastair Lyons as Senior Independent Director with effect from October 1, 2013.
Commenting on these changes, Howard Davies, Phoenix Chairman said: "I would like to thank Alastair Lyons for his valuable contribution to Phoenix since his appointment to the Board in March 2010 and through its progress as a premium listed company from July 2010. We are fortunate to have secured Alastair Barbour as a new non-executive director. His experience makes him well-equipped to take on the Audit Committee role on joining the Board. I look forward to working with him."
Copyright RTT News/dpa-AFX
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