10 December 2024
Persimmon Plc ("the Company")
Board Changes
Persimmon Plc is pleased to announce that Anand Aithal will join the Board as an Independent Non-Executive Director with effect from 1 January 2025. Anand will also join the Remuneration and Nomination Committees from the date he joins the Board.
In addition, Nigel Mills has notified the Board of his intention to step down from the Board and as Senior Independent Director, at Persimmon's Annual General Meeting on 1 May 2025, after nine years of service.
Annemarie Durbin, currently Independent Non-Executive Director and Chair of the Remuneration Committee, will be appointed as Senior Independent Director with effect from 1 May 2025 after Nigel retires.
Anand has extensive board experience, currently holding Non-Executive Director roles at Saga Plc, Polar Capital Holdings Plc and Nationwide Building Society. He also serves on not-for-profit boards at the Association of Chartered Certified Accountants and the Institute for Government. Until very recently, Anand was the lead Non-Executive for the Cabinet Office. Anand has over thirty years of experience in financial, business and professional services and co-founded Amba Research, an outsourced data analytics and research business.
Roger Devlin, Chairman of Persimmon, said: "On behalf of the Board, I would like to welcome Anand to Persimmon. Anand brings a wealth of experience across many sectors as a senior executive, entrepreneur and Non-Executive. I look forward to working with Anand once he joins next year.
"I would also like to warmly thank Nigel for his immense contribution to Persimmon. Nigel has provided valuable and wise counsel during his tenure, including as acting Chairman before my appointment. On behalf of the Board I wish Nigel the very best for the future. I am delighted that Annemarie has agreed to take the role of Senior Independent Director once Nigel leaves after the AGM."
Anand Aithal said: "I am delighted to join Persimmon having followed their recent progress closely. With housing at the heart of the new government's agenda I look forward to working with the team to continue to drive further operational improvement and secure the Company's ambitious growth plans."
Nigel Mills said: "It has been a pleasure to support the Board and Persimmon for nearly a decade. It has been especially satisfying to be associated with the cultural transformation across the business which has delivered significantly improved build quality and customer care. I have every confidence in the Company's continued success and extend my best wishes to the team for the future."
No further information is required to be disclosed pursuant to Listing Rule 6.4.8R.
ENDS
For further information please contact:
Victoria Prior, Group IR Director Anthony Vigor, Group Director of Strategic Partnerships and External Affairs |
Olivia Peters Teneo |
Persimmon Plc |
persimmon@teneo.com |
Tel: +44 (0) 1904 642199 |
Tel: +44 (0) 7902 771 008 |
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