LONDON - Persimmon (LON:PSN) Plc has announced upcoming changes to its board of directors, including the appointment of Anand Aithal as an Independent (LON:IOG) Non-Executive Director effective January 1, 2025. Aithal will also serve on the company's Remuneration and Nomination Committees upon joining the board.
In a concurrent announcement, the housebuilding company disclosed that Nigel Mills will resign from the board and his role as Senior Independent Director at the next Annual General Meeting on May 1, 2025, after nine years of service. Annemarie Durbin, who currently serves as an Independent Non-Executive Director and Chair of the Remuneration Committee, is set to succeed Mills as Senior Independent Director following his departure.
Aithal brings a wealth of experience from various sectors, having served on the boards of Saga Plc, Polar Capital Holdings Plc, and Nationwide Building Society (LON:NBS). His background includes over thirty years in financial, business, and professional services, and he is a co-founder of Amba Research, a company specializing in outsourced data analytics and research. Additionally, he has held positions on not-for-profit boards and was recently the lead Non-Executive for the UK's Cabinet Office.
Roger Devlin, Chairman of Persimmon, expressed his gratitude to Mills for his significant contributions and guidance, including his role as acting Chairman prior to Devlin's appointment. Devlin also welcomed Aithal to the board, anticipating the expertise he will bring to the company.
Aithal commented on his appointment, expressing enthusiasm for Persimmon's trajectory and the opportunity to contribute to the company's growth amid the government's focus on housing.
Mills reflected on his tenure with Persimmon, highlighting the cultural transformation and improvements in build quality and customer care that he witnessed. He expressed confidence in the company's future success.
Persimmon did not disclose any additional information that would be required under Listing Rule 6.4.8R. This announcement is based on a press release statement from Persimmon Plc.
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