27th Jan 2016 07:07
Aberdeen Asset Management PLC ("the Company") announces that Roger Cornick intends to retire as Chairman and Non-Executive Director at the end of this financial year on 30 September 2016. He will be succeeded as Chairman by Simon Troughton, who is currently the Senior Independent Non-Executive Director on the Board.
Roger joined the Board in January 2004 and became Chairman in January 2009. Simon was appointed to the Board in July 2009 and was appointed Senior Independent Non-Executive Director in October 2014.
Simon was a partner at Cazenove and Company Limited before moving to Fauchier Partners in 2003 where he was chief operating officer.
The Company would also like to announce that Jim Pettigrew intends to step down from the Board on 23 April 2016. Jim has served on the Board since April 2010 and is Chairman of the Audit Committee. A new independent non-executive director will be appointed subject to receiving regulatory approval.
Intended appointments to the roles of senior independent non-executive director and chairmen of audit and remuneration committees will be announced in due course.
The Company confirms that there is no further information to be disclosed under LR 9.6.13
Enquiries:
Maitland Neil Bennett 020 7379 5151
Related Shares:
ADN.L