Reach plc Announces Board Changes
Why we think this is neutral
This RNS announcement from Reach plc is a routine regulatory update regarding changes to the company's board of directors. The changes, which include a new chair of the Remuneration Committee and a new Colleague Ambassador, do not appear to have any material financial impact on the business. As such, the overall sentiment is neutral.
Key Points
- Barry Panayi to become Chair of the Remuneration Committee
- Denise Jagger to assume role of Colleague Ambassador
- Olivia Streatfeild to remain on the Board and its Committees
Summary
The prominent media company announces changes to its board, with a new chair of the Remuneration Committee and a new Colleague Ambassador.
Reach plc has announced that Barry Panayi, Non-Executive Director, will assume the role of Chair of the Remuneration Committee from 1 May 2025. Denise Jagger will also assume the role of Colleague Ambassador with effect from 1 May 2025, which has been a role held by Olivia Streatfeild since March 2019. These changes do not appear to have any material financial impact on the company.
GENERAL UPDATE