BOARD CHANGE AT ROYAL MAIL GROUP

[TrueBlueTerrier]

http://www.investegate.co.uk/royal-mail ... 15167135F/" onclick="window.open(this.href);return false;

29 April 2014



Royal Mail plc





BOARD CHANGE AT ROYAL MAIL GROUP

Jan Babiak has informed the Group of her intention to resign from the Board with effect from 29 April 2014. Jan currently sits on the Nomination Committee, the Pensions Committee and the Remuneration Committee.

Donald Brydon, Chairman, Royal Mail Group said: "Jan has made a very valuable contribution to Royal Mail during an important time for our company. Her regulatory expertise, alongside her considerable experience in information technology and risk, were particularly beneficial as we prepared for, and floated, Royal Mail. The Board and I would like to thank Jan for her support and counsel. We wish her well for the future."


-ends-



Notes to editors:



Jan Babiak

Jan was appointed to the Board in 2013. She previously held managing partner and executive board level roles at Ernst & Young. Jan has also been an independent board member and Audit Committee Chair for Logica plc, and is currently on the Board of Walgreens and is Chair of its Audit Committee and a member of its Finance Committee. She is also a Board member of the Bank of Montreal, a member of its Audit and Conduct Review Committee and of the Risk Committee. In addition, Jan is a Council Member on the governing body of the Institute of Chartered Accountants in England and Wales.

[TrueBlueTerrier]

Experian poaches Intertek CFO and Royal Mail NED

http://www.digitallook.com/news/2164746 ... rname=&ac=" onclick="window.open(this.href);return false;

Credit checking group Experian poached two directors from fellow FTSE 100 companies on Tuesday.

Intertek’s Lloyd Pitchford has been appointed as Chief Financial Officer (CFO), while Royal Mail’s head of the remuneration committee, Jan Babiak, resigned with immediate effect in order to join as a non-executive director.

Pitchford, who has had a lengthy career in finance and was the former finance controller of gas and oil exploration firm BG Group for 10 years, will leave his role as CFO of safety services company Intertek in September.

Babiak, who is currently a non-executive director of US drugstore giant Walgreens and Bank of Montreal, will assume her new position at the group with immediate effect.

Chief Executive Officer Don Robert said: “Coming to us from Intertek, a FTSE 100 company, Lloyd brings deep financial knowledge and considerable experience, built up through an impressive career working in complex, multinational organisations.

“During his time at Intertek, he has held a wide portfolio of responsibilities, helping to deliver significant growth in financial performance.”

[maisymoo04]

Wonder how much she got for going makes me sick

[Red Robbo]

Is Lloyd Union friendly ???

[arnold cheshire]

who cares whos on the board ?

[adb2aber]

Jan was appointed to the Board in 2013. She previously held managing partner and executive board level roles at Ernst & Young. Jan has also been an independent board member and Audit Committee Chair for Logica plc, and is currently on the Board of Walgreens and is Chair of its Audit Committee and a member of its Finance Committee. She is also a Board member of the Bank of Montreal, a member of its Audit and Conduct Review Committee and of the Risk Committee. In addition, Jan is a Council Member on the governing body of the Institute of Chartered Accountants in England and Wales.

So in other words she's Moyas chum from Canada who was slipped in before privatisation, got a bulk load of shares and has scarpered? Anyone know how many others with ties to Canada have been put into senior seats since Moya came in?

[newtimes]

Jan was appointed to the Board in 2013. She previously held managing partner and executive board level roles at Ernst & Young. Jan has also been an independent board member and Audit Committee Chair for Logica plc, and is currently on the Board of Walgreens and is Chair of its Audit Committee and a member of its Finance Committee. She is also a Board member of the Bank of Montreal, a member of its Audit and Conduct Review Committee and of the Risk Committee. In addition, Jan is a Council Member on the governing body of the Institute of Chartered Accountants in England and Wales.

So in other words she's Moyas chum from Canada who was slipped in before privatisation, got a bulk load of shares and has scarpered? Anyone know how many others with ties to Canada have been put into senior seats since Moya came in?

We have to wait a minimum of 3 years to access our shares, or 5 years for them to become tax free, how long have they got to wait.

[arnold cheshire]

Jan was appointed to the Board in 2013. She previously held managing partner and executive board level roles at Ernst & Young. Jan has also been an independent board member and Audit Committee Chair for Logica plc, and is currently on the Board of Walgreens and is Chair of its Audit Committee and a member of its Finance Committee. She is also a Board member of the Bank of Montreal, a member of its Audit and Conduct Review Committee and of the Risk Committee. In addition, Jan is a Council Member on the governing body of the Institute of Chartered Accountants in England and Wales.

So in other words she's Moyas chum from Canada who was slipped in before privatisation, got a bulk load of shares and has scarpered? Anyone know how many others with ties to Canada have been put into senior seats since Moya came in?

We have to wait a minimum of 3 years to access our shares, or 5 years for them to become tax free, how long have they got to wait.

they have left so straight away they can take them i reckon

[TrueBlueTerrier]

We have to wait a minimum of 3 years to access our shares, or 5 years for them to become tax free, how long have they got to wait.

For the free employee ones then the same rules apply to both us and them.

they have left so straight away they can take them i reckon

Again the free ones are on the sale rules as us so as she has resigned she won't be eligible for any free employee shares.

However the remainder of the 3030 shares she did have, she can do with what she wants.

[Straight4ward]

Wonder how much she got for going makes me sick

According to the 2012-2013 report & accounts she was on £40,000 per year.
As a non-exec. director she wouldn't get a severance package.

[newtimes]

Wonder how much she got for going makes me sick

According to the 2012-2013 report & accounts she was on £40,000 per year.
As a non-exec. director she wouldn't get a severance package.

How many, or should it be how few days did she work per year for that 40k, did she have any other directorships in other companies.

[TrueBlueTerrier]

Wonder how much she got for going makes me sick

According to the 2012-2013 report & accounts she was on £40,000 per year.
As a non-exec. director she wouldn't get a severance package.

How many, or should it be how few days did she work per year for that 40k, did she have any other directorships in other companies.

Yes 3 of them are listed in the original post.

[newtimes]

should of read the op in full

[arnold cheshire]

should of read the op in full

why bother read that in full ?