For immediate
release
29 April 2016
KELLER GROUP PLC BOARD APPOINTMENT
Keller Group plc (“Keller”), the international ground
engineering specialist, today announces the appointment of
Peter Hill CBE as Non-executive
Chairman to succeed Roy Franklin who
retires from the Board on 26 July 2016. This follows a
thorough search process undertaken by the Nominations Committee of
the Board, led by Paul Withers,
Keller’s Senior Independent Director.
Peter will join the Board as a Non-executive Director and
Chairman Designate with effect from the close of the Company’s
Annual General Meeting on 24 May 2016. Roy will retire as
Chairman and from the Board after its meeting on 26 July 2016, when Peter will become Chairman of
the Board. Peter will also replace Roy as Chairman of the
Nominations Committee at that date.
Ahead of his retirement and as part of an orderly leadership
transition, Roy will work closely with Peter.
Peter is currently Chairman of Volution Group plc, a
Non-executive Director of Essentra plc and a Non-executive Director
of the Royal Air Force. He was previously Chairman of Alent plc
from 2012 to the end of 2015; Chief Executive of the electronics
and technology group Laird PLC from 2002 to late 2011; a
Non-executive Director on the Boards of Cookson Group plc, Meggitt
plc and Oxford Instruments plc, and was a Non-executive Board
Member of UK Trade and Investment.
His early career was spent with natural resources companies
Anglo American, Rio Tinto and BP; he
was an Executive Director on the Board of Costain Group plc, and he
has also held management positions with BTR plc and Invensys plc.
Peter holds a degree in Mining Engineering and an MBA from the
London Business School, and is a
Chartered Engineer and a Fellow of the Institute of Minerals,
Materials and Mining. He was born and brought up in the
Middle East, has lived and worked
in the USA and Southern Africa, and has longstanding business
connections with Continental Europe and Australasia.
Commenting on today's announcement Paul
Withers, Keller’s Senior Independent Director, said on
behalf of the Board:
"Roy has been an excellent Chairman. Keller has come a long way
in the past seven years and Roy has done a great job of helping to
build the Company and of chairing the Board. We wish him all the
very best in the future.
"We believe Peter brings significant leadership credentials,
experience and knowledge to the Board at an exciting time in the
Company’s development. We look forward to working with Peter
and warmly welcome him to Keller.”
Roy Franklin, Chairman,
commented:
“Peter’s considerable international experience is a great
asset. His appointment has my full support as well as that of
the Board and the senior executive team, and I wish him and Keller
well for continued success in the future.”
Peter Hill added:
“I am delighted to be joining Keller, and look forward greatly
to working with my fellow Board members to contribute to Keller’s
continued successful development.”
In accordance with paragraph LR 9.6.13R of the Listing Rules,
Keller confirms there is no information to be disclosed in terms of
LR 9.6.13R (2) to LR 9.6.13R (6) inclusive in respect of Peter
Hill’s appointment. Details of his current and previous
appointments to publicly quoted companies are included in the main
announcement.
For further information, please
contact:
Keller Group plc |
|
Paul Withers, Senior
Independent Director
Kerry Porritt, Company Secretary |
020 7616 7575 |
|
Finsbury |
Gordon Simpson/Rowley Hudson |
020 7251 3801 |
Notes to Editors:
Keller is the world’s largest independent ground engineering
specialist, providing technically advanced and cost-effective
foundation solutions to the construction industry. With annual
revenue of around £1.6bn, Keller has approximately 10,000 staff
world-wide. Keller is the clear market leader in North America and Australia; it has prime positions in most
established European markets; and a strong profile in many
developing markets.
The following statement is made pursuant to section 430(2B) of
the Companies Act 2006:-
Roy Franklin will continue to
receive fees for his services whilst a director but will not
receive any payment in lieu of notice or for loss of office.
As Non-executive Chairman, Roy was not entitled to participate in
the Company's bonus, employee share plans or pension
arrangements.