Vistry Group PLC Appointment of New Non-Executive Directors (0296Z)
May 11 2023 - 2:00AM
UK Regulatory
TIDMVTY
RNS Number : 0296Z
Vistry Group PLC
11 May 2023
11 May 2023
Vistry Group PLC ("the Company")
Appointment of New Non-Executive Directors
The Board of Vistry Group PLC is pleased to announce that Paul
Whetsell and Helen Owers have been appointed as independent
Non-Executive Directors of the Company with effect from the end of
the Annual General Meeting on 18 May 2023.
Paul will become Chair of the Remuneration Committee and will
also be a member of the Nomination and Audit Committees. Paul is a
highly experienced Chief Executive Officer in the hospitality
sector and an experienced Non-Executive Director.
From 2008 to 2018, Paul was a Non-Executive Director of NVR,
Inc, one of America's leading homebuilders. He is currently the
Chief Executive Officer of Capstar Hotel Company, Non-Executive
Director and Chair of Remuneration Committee of Hilton Grand
Vacations Inc. and Non-Executive Director of Boyd Gaming
Corporation, the latter two of which are both listed on the New
York Stock Exchange. Paul splits his time between the US and the
UK.
Helen will be a member of the Nomination Committee, Audit
Committee and Remuneration Committee. Helen has extensive
international operational experience from a successful career
culminating in her being President of Global Businesses and Chief
Development Officer for Thomson Reuters.
Helen is currently a Non-Executive Director of Informa plc, the
FTSE 100 British publishing, business intelligence and exhibitions
group where she is a member of the Nomination and Remuneration
Committees and the board member responsible for employee
engagement. Previously, Helen was also a Non-Executive Director and
Chair of the Remuneration Committee from 2012 to 2020 of PZ Cussons
plc, the FTSE 250 manufacturer of personal healthcare products and
consumer goods.
Following the upcoming Annual General Meeting on 18 May, there
will be four independent Non-Executive Directors on the Board.
Further recruitment of independent Non-Executive Directors will
take place over the coming months to continue to balance and
strengthen the Board recognising the skills and experience required
for the enlarged business, following the acquisition of Countryside
Partnerships last year.
Ralph Findlay OBE, Non-Executive Chairman of Vistry Group, who
led the recruitment process said: "I am delighted to welcome Paul
and Helen to the Board as independent Non-Executive Directors.
Vistry Group is now a substantially larger and more complex
business following our acquisition of Countryside. The significant
operational expertise of Paul and Helen, plus Paul's housebuilding
sector experience and Helen's UK-listed company experience, will
strengthen the Board as we continue our focus on delivering high
quality homes to more customers and sustainable value to our
shareholders."
There is no other information to be disclosed pursuant to LR
9.6.13R in respect of Paul Whetsell or Helen Owers. As at the date
of this announcement, neither Paul nor Helen has any beneficial
interests in the ordinary shares of the Company.
Enquiries :
Vistry
Tim Lawlor, Chief Financial Officer 07469 287335
Susie Bell, Group Investor Relations Director
Powerscourt
Justin Griffiths, Nick Dibden, Victoria Heslop 020 7250 1446
Vistry Group PLC's legal entity identifier is
2138001KOWN7CG9SLK53.
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END
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