LONDON - Schroder UK Mid Cap Fund PLC has announced that Harry Morley is set to replace Robert Talbut as the Chair of the company, effective from the conclusion of the Annual General Meeting scheduled for February 24, 2025. Morley's appointment is contingent upon his re-election as a Director during the upcoming AGM. Talbut, who has served on the Board for nine years, will not be seeking re-election.
Morley joined the Board as a non-executive Director in September 2023 and has served as Chair of the Remuneration Committee. His diverse background includes roles as CEO of Armajaro Asset Management LLP, co-founder and CFO of Tragus Holdings Ltd, and positions within the shipping industry at P&O. He is a chartered accountant, having qualified with Price Waterhouse. Currently, Morley also holds non-executive positions with JD (NASDAQ:JD) Wetherspoon (LON:JDW) plc, where he chairs the Audit Committee, and TheWorks.co.uk plc, where he is the Senior non-executive Director and Audit Committee Chair.
Wendy Colquhoun, Senior Independent (LON:IOG) Director, expressed the Board's approval of Morley's appointment, citing his extensive knowledge and experience as well as his proven leadership track record. The Board also conveyed gratitude to Talbut for his dedication and service over his tenure.
Harry Morley expressed his enthusiasm for his new role, acknowledging the Board's confidence in him and his anticipation for contributing to the company's continued success.
This planned leadership transition is based on a press release statement from Schroder UK Mid Cap Fund PLC.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.