DFI
RETAIL GROUP HOLDINGS LIMITED
COMPANY BOARD CHANGES
DFI Retail Group Holdings Limited (the
'Company') is pleased to announce the following changes to the
Board, with effect from 22 July 2024:
John Witt will be appointed as Chair
of the Board of the Company. He will succeed Ben Keswick who will
step down as Chair. John will be appointed as Chair of its
Remuneration and Nominations Committees while Ben will step down
from the same Committees. Ben will remain as a Non-Executive
Director of the Company.
At the same time, Graham Baker will
join the Board of the Company as a Non-Executive Director and will
step down from the Remuneration Committee, while Adam Keswick will
step down as a Non-Executive Director of the Company and from the
Nominations Committee.
Christian Nothhaft, an Independent
Non-Executive Director of the Company, will be appointed as a
member of the Company's Remuneration and Nominations
Committees.
Commenting on these changes, Ben
Keswick, current Chair of the Company said:
"These changes are part of ongoing
initiatives across the Jardines group to enhance governance. We
will continue to strengthen the composition of the Company's Board
and its Committees, improving decision making and bringing in
relevant expertise to support management as they execute their
strategy and build long-term shareholder value.
I would like to welcome Graham to our
Board and Christian to our Committees. Together, Graham and
Christian bring extensive functional and industry expertise,
respectively, which will benefit our Board. I would also like to
thank Adam for his service to the Board."
Graham Baker joined the Board of
Jardine Matheson Holdings Limited
as Group Finance Director in 2020. He was an
Executive Director and Chief Financial Officer of Smith+Nephew in
the United Kingdom from 2017 to 2020 and prior to that, worked for
20 years for AstraZeneca PLC in a range of finance
roles.
In connection with the above Board
appointment, the Company advises that Graham has held directorships
in the following listed companies in the past five
years:
|
Jardine Matheson Holdings
Limited
|
Executive Director
|
June 2020 to date
|
|
Smith+Nephew
|
Executive Director
|
March 2017 to May 2020
|
Jonathan Lloyd, Jardine Matheson
Limited
For and on behalf of DFI Retail Group Holdings Limited
16 July
2024
www.DFIretailgroup.com