20th Apr 2007 14:12
Lloyds TSB Group PLC20 April 2007 53/07 20th April 2007 LLOYDS TSB GROUP APPOINTS NEW NON-EXECUTIVE DIRECTOR The board is pleased to announce the appointment of Philip Green as anon-executive director of Lloyds TSB Group plc from 10th May, 2007. Philip Green brings many years of valuable experience to Lloyds TSB Group. He isChief Executive of United Utilities plc and was formerly Chief Executive ofRoyal P & O Nedlloyd NV and Chief Operating Officer of Reuters Group plc. Sir Victor Blank, Chairman of Lloyds TSB Group, said: "We are delighted towelcome Philip Green. He is highly experienced and will be a great addition toour board." - ends - (Biographical details are attached.) Note to comply with LR 9.6.13R of the UK Listing Authority's listing rules. Thecompany confirms that Mr. Green has held directorships in publicly quotedcompanies during the past five years as stated above and the only matter to bedisclosed under LR 9.6.13R (2) to (6) of the listing rules in relation to Mr.Green is that he was a director of Coloroll Group plc from 1985 to 1990.Coloroll went into receivership in June 1990 and subsequently into liquidationin October 1990. Mr. Green was a trustee of the Coloroll Directors' RetirementBenefits Scheme from 1987 to 1991. In March 1994, the Pensions Ombudsman upheldcomplaints of maladministration and breach of trust against the trusteesrelating to the transfer in 1989 of a property owned by Coloroll's chairman tothe pension scheme. Neither the Ombudsman nor any of the Ombudsman'srepresentatives discussed the matter with Mr. Green and no action has beentaken. LLOYDS TSB GROUP APPOINTS NEW NON EXECUTIVE DIRECTOR CONTD ... /2 For further information: Investor Relations +44 (0) 20 7356 2167 Michael Oliver Director of Investor Relations E-mail: [email protected] Mary Walsh +44 (0) 20 7356 2121 Director of Corporate Relations E-mail: [email protected] FORWARD LOOKING STATEMENTS This announcement contains forward looking statements with respect to thebusiness, strategy and plans of the Lloyds TSB Group and its current goals andexpectations relating to its future financial condition and performance.Statements that are not historical facts, including statements about Lloyds TSBGroup's or management's beliefs and expectations, are forward lookingstatements. By their nature, forward looking statements involve risk anduncertainty because they relate to events and depend on circumstances that willoccur in the future. Lloyds TSB Group's actual future results may differmaterially from the results expressed or implied in these forward lookingstatements as a result of a variety of factors, including UK domestic and globaleconomic and business conditions, risks concerning borrower credit quality,market related risks such as interest rate risk and exchange rate risk in itsbanking businesses and equity risk in its insurance businesses, inherent risksregarding changing demographic developments, catastrophic weather and similarcontingencies outside Lloyds TSB Group's control, any adverse experience ininherent operational risks, any unexpected developments in regulation orregulatory actions, changes in customer preferences, competition, industryconsolidation, acquisitions and other factors. For more information on these andother factors, please refer to Lloyds TSB Group's Annual Report on Form 20-Ffiled with the US Securities and Exchange Commission and to any subsequentreports furnished by Lloyds TSB Group to the US Securities and ExchangeCommission or to the London Stock Exchange. The forward looking statementscontained in this announcement are made as of the date hereof, and Lloyds TSBGroup undertakes no obligation to update any of its forward looking statements. Mr. Philip Nevill Green Biographical details: 2006 to date Chief Executive, United Utilities plc 2003 - 2006 Chief Executive, Royal P & O Nedlloyd NV 2001 - 2003 Chief Operating Officer, Reuters Group plc 1999 - 2001 Chief Executive Officer, Trading Solutions Division, Reuters Group plc 1994 - 1999 Chief Operating Officer, Europe and Africa, DHL Worldwide Network NV/SA 1990 - 1994 Regional Director, Northern Europe & Anglophone Africa, DHL Worldwide Network NV/SA 1989 -1990 Group Managing Director, Coloroll Group plc 1985 - 1989 Group Development Director, Coloroll Group plc 1980 - 1985 Managing Director, Home Furnishing Division, Coloroll Group plc 1977 - 1980 Vice President, Marketing, Crayonne (USA) Inc BA (Hons), Economics and Politics - University of Wales MBA - London Business School This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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