Taylor Wimpey PLC Directorate Change (5299B)

TIDMTW.

RNS Number : 5299B

Taylor Wimpey PLC

10 January 2018

Taylor Wimpey plc - Board and Board Committee Changes: Independent Non Executive Directors

The Board of Taylor Wimpey plc announces the following changes in the composition of its Board and Board Committees:

Gwyn Burr appointed as an Independent Non Executive Director

The Company is delighted to announce that Gwyn Burr has been appointed as an Independent Non Executive Director with effect from 01 February 2018.

Gwyn has over 25 years' executive experience, principally in customer service in the retail sector, which included the roles of Customer Director and Customer Service and Colleague Director from 2005 to 2013 at Sainsbury plc.

Gwyn is currently an Independent Non Executive Director of Hammerson plc, Just Eat plc, Metro AG (a German listed company) and DFS Furniture plc (where it has been announced that she intends to step down in spring 2018). She is also a Non Executive Director of Sainsbury's Bank plc.

Previously, Gwyn held Non Executive positions with the Principality Building Society Limited, Wembley National Stadium Limited and the Financial Ombudsman Service.

Upon her appointment to the Board, Gwyn will also become a member of the Nomination Committee and the Remuneration Committee.

Rob Rowley to stand down as an Independent Non Executive Director and as the Board's Senior Independent Director and also as Chairman of the Audit Committee; Dame Kate Barker to be appointed as the Senior Independent Director and Humphrey Singer to be appointed as Chairman of the Audit Committee

Rob Rowley has been an Independent Non Executive Director and the Company's Senior Independent Director since 2010 and will stand down from these roles with effect from the conclusion of the Company's Annual General Meeting on 26 April 2018.

The Company is pleased to announce that Rob will be succeeded by Kate Barker as the Board's Senior Independent Director - Kate who joined the Board in 2011, will bring her significant experience as a non executive director, including that of a senior independent director, to the role.

Rob will also stand down as Chairman of the Audit Committee, which he has chaired since 2010, with effect from 10 January 2018. As part of the Board's succession planning, Rob will be succeeded by Humphrey Singer, who was appointed to the Board and the Audit Committee in December 2015. Humphrey is currently the Group Finance Director of Dixons Carphone plc and as announced on 10 January 2018 will take up his new role as Chief Finance Officer of Marks and Spencer plc on a date to be agreed.

Kevin Beeston, Chairman, said:

"I would firstly like to express both mine and the Board's gratitude to Rob for his long and valued contribution to the Company's progress and stewardship over the past eight years, during which he has provided wise counsel as Senior Independent Director to myself as Chairman, careful oversight of the Audit Committee and an invaluable contribution to the Board. We wish him all the very best for the future.

I am very pleased to welcome Gywn to the Board. Gwyn has excellent experience gained from both her previous executive positions and also from her non executive roles, all of which will help to further strengthen the Board's expertise, including our ongoing focus on customer service. Gwyn will be a valuable adviser and contributor to the business and I and the Board, very much look forward to working with her."

There are no further disclosures to be made pursuant to Listing Rule 9.6.13 in respect of Gwyn Burr's appointment.

-ends-

10 January 2018

For further information please contact:

Taylor Wimpey plc Tel: [phone]

James Jordan, Group Legal Director and Company Secretary

Debbie Archibald, Investor Relations

Finsbury Tel: [phone]

Faeth Birch

Anjali Unnikrishnan

This information is provided by RNS

The company news service from the London Stock Exchange

END

BOAQBLFFVFFLBBD

(END) Dow Jones Newswires

January 10, 2018 11:28 ET (16:28 GMT)