Royal Mail PLC Directorate Change (7719Z)

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RNS Number : 7719Z

Royal Mail PLC

22 May 2019

Royal Mail plc

(Incorporated in England and Wales)

Company Number: 8680755

LSE Share Code: RMG

ISIN: GB00BDVZYZ77

LEI: 213800TCZZU84G8Z2M70

Royal Mail Announces the Appointment of Non-Executive Directors

In accordance with the announcement it made on 22 March 2019, Royal Mail Plc (the Company) confirms that Keith Williams has today taken over as Chair of the Company, replacing Les Owen. Les has stepped down from the Board after 9 years' service.

The Company is also pleased to announce that Maria da Cunha and Michael Findlay have been appointed as Non-Executive directors of the Company with effect from today.

Maria is a former senior executive with British Airways where she worked for 18 years until 2018. Maria's roles included Director of People and Legal, and before that, Head of Legal and Government and Industry Affairs. At her time at BA, Maria had extensive experience in colleague engagement, transformation and industrial relations. Maria da Cunha is a non-executive director of De La Rue Plc.

Michael is the current Chair of Morgan Sindall Group Plc. Michael spent 27 years in the investment banking industry and worked for firms including Robert Fleming & Co, UBS and, most recently, Bank of America Merrill Lynch. He retired from Bank of America Merrill Lynch in 2016 where he was Co-Head of Investment Banking for the UK and Ireland, having previously been the Co-Head of Corporate Broking EMEA. He is the former Senior Independent Director of UK Mail Group PLC. where he was a Non-Executive Director from 2009 until 2016

Keith Williams, who assumes the role of Chair of the Company today, said:

"On behalf of the Board and colleagues at Royal Mail, I would like to thank Les for his service and dedication to the Company over the last 9 years, I would particularly like to thank him for his guidance as Chair since his

appointment last September.   We wish him well for the future." 

I am delighted to welcome both Michael and Maria to the Board as Non-Executive Directors. When Les was appointed Chair, it was with a brief to refresh the Board. The appointment of Maria and Michael is an important first step in that process. Maria has a proven track record in employee engagement and transformation in a unionised industry. Michael has extensive financial and strategic experience in addition to his time at UK Mail Group PLC. I am confident that they will both make significant contributions to, and add value to, the Board's decisions in the delivery of its strategy. In the meantime, the process of refreshing the Board continues, with further announcements to be made in due course.

There are no other disclosures to be made under Listing Rule 9.6.13.

Royal Mail plc

Company Secretariat:

Mark Amsden

Phone: [phone]

Email: [e-mail]

Investor Relations

Catherine Nash

Phone: [phone]

Email: [e-mail]

Media Relations

Beth Longcroft

Phone: [phone]

Email: [e-mail]

Out of hours press office: 020 7449 8246

About Royal Mail plc

Royal Mail plc is the parent company of Royal Mail Group Limited, the leading provider of postal and delivery services in the UK and the UK's designated universal postal service provider. UK Parcels, International & Letters (UKPIL) comprises the company's UK and international parcels and letters delivery businesses operating under the "Royal Mail" and "Parcelforce Worldwide" brands. Through the Royal Mail Core Network, the company delivers a range of parcels and letters products, including the one-price-goes-anywhere Universal Service products. Royal Mail has the capability to deliver to more than 30 million addresses in the UK, six days a week (excluding UK public holidays). Parcelforce Worldwide operates a separate UK network which collects and delivers express parcels. Royal Mail also owns General Logistics Systems (GLS) which covers 41 countries and nation states in Europe, eight states in the Western U.S. and in Canada. GLS operates one of the largest ground-based, deferred parcel delivery networks in Europe.

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May 22, 2019 02:02 ET (06:02 GMT)