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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Countrywide Plc | LSE:CWD | London | Ordinary Share | GB00BK5V9445 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 394.80 | 394.80 | 395.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCWD
RNS Number : 2040H
Countrywide PLC
06 June 2017
6 June 2017
Countrywide plc
Jim Clarke's intention to retire from Countrywide, Himanshu Raja appointed successor
Countrywide Plc ('Countrywide' or the 'Company' or 'Group') today announces that Jim Clarke, the Group Chief Financial Officer (CFO), has informed the Board of his intention to step down from the Board on 31 July 2017 and retire from the Group on 31 December 2017. Jim will be succeeded by Himanshu Raja who will join the Board on 12 June 2017 and will take up the CFO post on 1 August 2017 following the announcement of Countrywide's Half Year results.
Jim has been with Countrywide for over 10 years serving as an Executive Director on the Board, as the Group Chief Financial Officer.
A full transition plan is in place, including applications for all necessary approvals, along with a substantial period for a smooth handover. Himanshu has wide CFO experience having most recently served as the Chief Financial Officer and Executive Director of G4S plc. Himanshu will serve as an Executive Director on the Board of Countrywide.
Himanshu's appointment is subject to approval by the Financial Conduct Authority, this process is underway.
Alison Platt, Group Chief Executive commented:
"I am delighted to welcome Himanshu to Countrywide. His skills, knowledge and experience are a perfect fit for the Group and will be invaluable as we continue to build our future.
Jim has been a stalwart in the Countrywide group for over 10 years and leaves the business in a strong position to build for its future in the coming years. I have really enjoyed working closely with Jim, and will continue to do so as he hands over to his successor."
Peter Long, Chairman of Countrywide, said:
"We are delighted to welcome Himanshu onto the Board of Countrywide and look forward to working closely with him.
On behalf of the Board I would like to thank Jim for his dedication to the Group over many years. His knowledge and experience has served Countrywide very well and we wish him all the best in his retirement."
The remuneration details relating to Jim Clarke required to be made available under Section 430(2B) of the Companies Act 2006 are published on the Countrywide website.
Pursuant to 9.6.13R of the Listing Rules of the UK Listing Authority, Himanshu has been a director of Logica plc and a director of G4S plc in the past five years and is no longer a director of these companies. There is no further information which would require disclosure under 9.6.13R.
END
This information is provided by RNS
The company news service from the London Stock Exchange
END
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June 06, 2017 02:01 ET (06:01 GMT)
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