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Sage Group PLC - Chairman Retirement

RNS Number : 2609X
Sage Group PLC
27 August 2020
 

 

 

The Sage Group plc

27 August 2020

 

Chairman retirement

 

The Sage Group plc ("Sage") announces that Sir Donald Brydon has indicated his intention to retire from his role as Chairman of Sage, and step down from the Board, in September 2021. When he steps down Sir Donald will have served as Sage's Chairman for nine years. His retirement aligns with the Board succession plan and good corporate governance practice, including the UK Corporate Governance Code requirement for a chair to step down after nine years on the board.  

 

The Nomination Committee will establish a process, led by the Senior Independent Director Drummond Hall, to identify and appoint his successor in due course.

 

There are no further disclosures required for the purposes of Listing Rule 9.6.11.

 

Enquiries

The Sage Group plc.

+44(0) 191 294 3457

James Sandford, Investor Relations

Amy Lawson, Media

Vicki Bradin, Company Secretary and General Counsel  

 

FTI Consulting 

+44(0) 20 3727 1000

Charles Palmer

Dwight Burden

 

About Sage

Sage is the global market leader for technology that provides small and medium businesses with the visibility, flexibility and efficiency to manage finances, operations and people. With our partners, Sage is trusted by millions of customers worldwide to deliver the best cloud technology and support. Our years of experience mean that our colleagues and partners understand how to serve our customers and communities through the good, and more challenging times. We are here to help, with practical advice, solutions, expertise and insight.

 

ENDS

 

 

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Quick facts: The Sage Group plc

Price: 698

Market: LSE
Market Cap: £7.63 billion
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