26th Jul 2006 07:00
AstraZeneca PLC26 July 2006 AstraZeneca PLC appoints new Non-Executive Director AstraZeneca today announced that John Varley is to join the Board of Directorsas a Non-Executive Director with immediate effect. John Varley is the GroupChief Executive of Barclays Bank PLC. Louis Schweitzer, Chairman ofAstraZeneca, said, "I am delighted that John Varley has agreed to join us. Hisextensive commercial and financial expertise will add considerable benefit tothe work of the Board". John Varley will become a member of the Remuneration Committee and it isexpected that he will become Chairman of that Committee when Sir Peter Bonfieldsteps down as a Director at the Annual General Meeting in April 2007. It isalso intended that Michele Hooper, a Non-Executive Director of AstraZeneca since2003, will become the Senior Independent Director, in succession to Sir Peter,at that time. 26 July 2006 Media Enquiries: Steve Brown (London) +44 (0) 20 7304 5033 Edel McCaffrey (London) +44 (0) 20 7304 5034 Analyst/Investor Enquiries: Jonathan Hunt (London) +44 (0) 20 7304 5087 Mina Blair (London) +44 (0) 20 7304 5084 Ed Seage (US) +1 302 886 4065 Jorgen Winroth (US) +1 212 579 0506 Biographical details of John Varley John Varley, 50, has been the Group Chief Executive of Barclays Bank PLC since2004, having joined the Corporate Finance Department of Barclays Merchant Bankin 1982. He has held a number of senior positions with the bank during hiscareer including Chairman of the Asset Management Division 1995-1998; ChiefExecutive, Barclays Retail Financial Services 1998-2000; and Group FinanceDirector 2000-2003. He was appointed as an Executive Director of Barclays BankPLC in 1998. John Varley is also Chairman of Business Action on Homelessness, President ofthe Employers' Forum on Disability and a member of the International AdvisoryPanel of the Monetary Authority of Singapore. -Ends- This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Astrazeneca