Alliance Trust PLC Alliance Trust Plc - Directorate Change

 
TIDMATST 
 
 
   Board Changes 
 
   Alliance Trust PLC is pleased to announce that Sarah Bates and Dean 
Buckley have been appointed as independent non-executive directors of 
the Company and will join the Board with immediate effect. 
 
   Karl Sternberg, the Company's Senior Independent Director, will stand 
down from the Board on 30 June 2021. Sarah will succeed Karl in that 
role from that date. 
 
   Commenting on the changes, Gregor Stewart, Chairman of Alliance Trust 
PLC, said: 
 
   "I am delighted to welcome Sarah and Dean to the Board. Both bring with 
them skills and experience that will complement those of the current 
Directors. At the same time, I would like to thank Karl for the 
significant contribution he has made to the Board since he was 
appointed. Karl is one of three Directors appointed in 2015 and is 
standing down as part of the Company's succession plan." 
 
   NOTES: 
 
 
 
   Sarah is a past Chair of the Association of Investment Companies and has 
been involved in the UK savings and investment industry in different 
roles for over 30 years. Sarah is currently Chair of Polar Capital 
Technology Trust plc, a Non-Executive Director of Worldwide Healthcare 
Trust PLC, Chair of the John Lewis Partnership Trust for Pensions and an 
independent member of the investment committees of the BBC Pension 
Scheme and of the University Superannuation Scheme. Sarah was a founder 
of the Diversity Project and is currently Chair of the Diversity Project 
Charity and an Ambassador for Chapter Zero. 
 
   Ms. Bates was previously Chair of Merian Global Investors Limited, St 
James' Place plc, JP Morgan American Investment Trust plc, Witan Pacific 
Investment Trust plc (now Baillie Gifford China Growth Trust PLC) and 
Chair of the audit committees of New India Investment Trust plc and of U 
and I Group plc. Ms. Bates also previously held the role of Senior 
Independent Director at St James's Place plc, Witan Pacific Investment 
Trust plc and U and I Group plc. Ms. Bates has no other disclosures to 
make under Listing Rule 9.6.13 (1) to (6). 
 
   Dean has enjoyed a successful career in fund management having 
previously been Chief Executive Officer of Scottish Widows Investment 
Partnership and HSBC Asset Management UK and Middle East as well as 
holding senior fund management positions at Prudential Portfolio 
Managers. Dean was also previously a Non-Executive Director of 
Saunderson House Limited. Dean is currently Chair of the Audit Committee, 
Remuneration Committee and Senior Independent Director of JP Morgan Asia 
Growth & Income plc, Senior Independent Director of Fidelity Special 
Values PLC and a Non-Executive Director of Baillie Gifford & Co Limited 
and Smith & Williamson Fund Administration Limited. 
 
   Mr. Buckley has no other disclosures to make under Listing Rule 9.6.13 
(1) to (6). 
 
   About Alliance Trust PLC 
 
   Alliance Trust aims to deliver long-term capital growth and rising 
income from investing in global equities at a competitive cost. We blend 
the top stock selections of some of the world's best active managers, as 
rated by Willis Towers Watson, into a single diversified portfolio 
designed to outperform the market while carefully managing risk and 
volatility. Alliance Trust is an AIC Dividend Hero with 54 consecutive 
years of rising dividends. 
 
   https://www.alliancetrust.co.uk 
 
 
 
 
For more information, please contact: 
Mark Atkinson 
 Head of Marketing and Investor Relations      Sarah Gibbons-Cook 
Alliance Trust PLC                           Quill PR 
Tel: [phone]                            Tel: [phone] / 
                                             [e-mail] 
 
 
 
 
 
 

(END) Dow Jones Newswires

March 04, 2021 02:01 ET (07:01 GMT)

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