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Capita plc - Resignation of Patrick Butcher

This announcement contains inside information 

Capita plc

LEI number: CMIGEWPLHL4M7ZV0IZ88

 16 November 2020

   Resignation of Patrick Butcher 

Capita plc (“Capita”) today announces that has decided to step down from his position as Chief Financial Officer (CFO) and Executive Director to pursue other opportunities.Patrick Butcher

To ensure continuity and effective ongoing leadership, the Board has appointed to take over as interim CFO and Executive Director.Gordon Boyd

Patrick steps down from the Board on and Gordon joins the Board on the same date.16 November 2020

Patrick will assist Gordon in an orderly handover and will remain employed to support Gordon and the company until the end of . March 2021

A process is now underway to identify and appoint a permanent successor as CFO; a further announcement will be made in due course. 

, Chief Executive Officer, said:Jon Lewis

"I want to thank Patrick for his commitment and support in the delivery of significant improvements over the past two years, especially as we have continued to navigate the challenges and uncertainties brought on by the Covid-19 crisis. I and the rest of the senior leadership team wish him well as he looks to fresh challenges.

“I am delighted that Gordon is joining us as interim Chief Financial Officer. He brings significant experience of working in companies going through a period of change. Gordon will play a crucial role in our ongoing transformation at Capita.”

said:Patrick Butcher

"It has been a privilege to be at the centre of an organisation which touches the lives of millions of people every day by delivering essential services and solutions. I wish Jon and the rest of the senior leadership team all the best for the future.”


said:Gordon Boyd

“I am excited to be joining Capita and very much looking forward to working with Jon, his leadership team and the thousands of colleagues across the company to help create a focused, sustainable business for the long term.” 

The Company's outlook is unchanged from that outlined in the Group trading update of .10 November 2020

There is no further information required to be disclosed relating to pursuant to Listing Rule .Gordon Boyd9.6.13

Details of remuneration will be disclosed in Capita’s Annual Report and Accounts, when finalised, and available on Capita’s website.

Announcement authorised for release by , Group Company Secretary.Francesca Todd

Notes to editors: 

took up his post as Chief Financial Officer at the end of 2018 and was formally appointed as a director on . He will receive current salary and contractual benefits (including pension) up to . Outstanding awards held under the Company’s long-term incentive plan are expected to lapse on in accordance with the scheme rules.Patrick Butcher1 January 201931 March 202131 March 2021

has more than 30 years’ experience at major businesses, including as CFO of FTSE 250 companies. He has significant experience of leading transformation at businesses including Drax, Infinis and British Energy. He is a graduate of Edinburgh University, and holds accountancy and treasury qualifications. Gordon Boyd

For more information please contact:

Director of Investor Relations Tel: 020 7654 2220 Email:  Investor enquiries



Stuart MorganIRteam@capita.co.uk

Capita external communications Tel: 0207 654 2399 Email:  Media enquiries


media@capita.co.uk

Capita is a consulting, transformation and digital services business. Every day our 61,000 colleagues help millions of people, by delivering innovative solutions to transform and simplify the connections between businesses and customers, governments and citizens. We partner with clients and provide the insight and cutting-edge technologies that give time back, allowing them to focus on what they do best and making people’s lives easier and simpler. We operate in the , , and – and across six divisions: Customer Management; Government Services; People Solutions; Software; Specialist Services; and Technology Solutions. 
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Capita is quoted on the London Stock Exchange (CPI.L). 

Further information can be found at: http://www.capita.com

ENDS

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