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RNS Number : 5623M

Ricardo PLC

12 May 2020

12 May 2020

Ricardo plc

("Ricardo" or the "Group)

Directorate Change

The Board of Ricardo, a market leading Environmental consulting and Transport engineering services company, today announces that Mark Garrett, 57, has given notice of his intention to resign from the Board and as Group Strategy Officer to pursue other interests. Mark will leave the business in the summer and will remain within the Group until then to ensure a timely and professional handover of his operations and close out the 2019/20 financial year.

Sir Terry Morgan, Non-Executive Chairman, said:

"On behalf of the board, I would like to thank Mark for his contribution over many years with the Group since he joined in 1998. During this time, he has held a number of roles and has always been a leading advocate of innovation, professional engineering and development of young engineers. Mark has been a valued member of the Board and I wish him the very best."

Dave Shemmans, Chief Executive, said:

"Mark has been by my side on the two decade journey of Ricardo's development into a multi-disciplinary, resilient and global company. His passion for engineering and innovation is embedded in his DNA. We respect Mark's decision and wish him every success for the future."

Further enquiries:

 
 Ricardo plc 
 Dave Shemmans, Chief Executive 
  Officer                               Tel:        01273 455611 
                                        Website:    www.ricardo.com 
 
 Newgate Communications LLP             Tel:        020 7680 6550 
 Adam Lloyd / Ian Silvera / Isabelle    E-mail:     ricardo@newgatecomms.com 
  Smurfit 
 

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END

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May 12, 2020 02:00 ET (06:00 GMT)

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