12 September 2024
Further to the announcement made on 7 August 2024, Quilter plc (“Quilter” or the “Company”) confirms that Tim Breedon has stepped down from the Quilter Board on [11] September 2024.
With effective from [12] September 2024:
- Neeta Atkar, who has served on the Board since August 2022, has been appointed as Senior Independent Director and Chair of the Board Remuneration Committee.
- Alison Morris has been appointed as a member of the Board Remuneration Committee.
- Chris Hill has been appointed as Quilter’s Workforce Engagement Director.
Commenting on today’s announcement, Ruth Markland, Quilter Chair, said, “I am delighted that Neeta, Alison and Chris have agreed to take on these additional responsibilities. Neeta brings a wealth of experience serving as a Senior Independent Director and on remuneration committees, which will be of significant value in her new roles. Once again, on behalf of the Quilter Board, I would like to express our gratitude to Tim and wish him well for the future.”
Notes:
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1. |
Neeta Atkar has been a member of the Quilter Board since August 2022 and currently chairs the Board Risk Committee and serves on the Board Audit Committee and the Board Corporate Governance and Nominations Committee. She is a Non-executive Director of the British Business Bank plc, where she has been Senior Independent Director since 2019. Neeta has extensive experience serving on remuneration committees, having been a member of the Nomura Europe Holdings plc remuneration committee since 2018, where she also chairs their German subsidiary remuneration committee. |
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2. |
Neeta’s appointment as Chair of the Board Remuneration Committee is subject to regulatory approval.
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Alison Morris has gained experience of serving on Board Remuneration Committees, and is currently a member of the Board Remuneration Committee at Paragon Banking Group PLC. |
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4. |
From today, the membership of the Quilter Board Committees is as follows:
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5. |
Neeta Atkar will receive additional fees of £20,000 per annum for her role as Senior Independent Director and £30,000 per annum for her role as Chair of the Board Remuneration Committee.
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6. |
Alison Morris will receive an additional fee of £15,000 per annum for her role as a member of the Board Remuneration Committee.
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7. |
Biographical details of the Quilter plc Board, including Neeta Atkar, Chris Hill and Alison Morris can be found at https://plc.quilter.com/about-us/quilter-leadership/
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8. |
No other details are required to be disclosed under paragraph 6.4.8R of the UK Listing Rules, save as disclosed in this announcement. |
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