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Go-Ahead Group PLC GOG Chairman Succession



  Go-Ahead Group PLC (GOG) - Chairman Succession

RNS Number : 4791P
Go-Ahead Group PLC
25 October 2012
 



The Go-Ahead Group plc  4 Matthew Parker Street, London, SW1H 9NP
Telephone 020 7799  8999

 

Press Release

                                                            25^th October 2012

 

 

                            The Go-Ahead Group plc

                        ("Go-Ahead" or the "Company")

                                       

                               Company Chairman

 

 

The Board  of Go-Ahead  announces that  Sir Patrick  Brown will  step down  as 
Company Chairman and retire  from the Board on  24 April 2013.  In  accordance 
with the Board's succession plan, Andrew Allner, currently Senior  Independent 
Director and Chairman of the Audit  Committee, will succeed Sir Patrick  Brown 
as Company Chairman from 25 April 2013.

 

Sir Patrick  Brown joined  the Board  in  1999 and  was appointed  as  Company 
Chairman in October 2002.  Commenting on his decision  to retire, Sir  Patrick 
said:

 

"Since I joined the Board in 1999,  the Group has grown significantly and  has 
weathered very well the economic storms of recent years. I am grateful for the
opportunity to have worked  with Go-Ahead and have  enjoyed working with  four 
Chief Executives and  the small, but  immensely able, Board  of Directors  who 
have helped steer the  Company over the  years. The Group is  now in a  strong 
position to move forward and the time is ripe for me to step down. Andrew  has 
both significant knowledge and  understanding of the  Group, gained not  least 
through his four years as  Non-Executive Director, and has considerable  Board 
experience.  I am confident that he will do an outstanding job as we  continue 
to progress our strategy."

 

Andrew Allner joined the Board as  Non-Executive Director and Chairman of  the 
Audit Committee in October 2008.  He was appointed Senior Independent Director
in October 2011.  Andrew Allner said:

 

"I would like to thank Sir Patrick Brown for his long-standing stewardship  of 
the Group.  During his tenure, he  has successfully steered the Group  through 
some challenging times and he leaves the Group with a clear strategy, a strong
Executive Team  and  significant opportunity  for  the future.   I  feel  very 
privileged to be taking over  from Sir Patrick and  I look forward to  working 
with the Board  and Executive  Team to  create further  growth in  shareholder 
value whilst at the same time continuing to improve the already high  standard 
of our bus and rail operations."

 

On his accession to  Company Chairman in April  2013, Andrew Allner will  step 
down as Senior Independent Director and Chairman of the Audit Committee.   The 
Board has commenced a search for a new independent Non-Executive Director with
recent and relevant financial experience to succeed Andrew Allner as  Chairman 
of the Audit Committee. 

 

 

ENDS

 

For further information, please contact:

 

Carolyn Sephton, Group Company Secretary 0191 232 3123

                                          
Citigate Dewe Rogerson                   020 7638 9571

Michael Berkeley

Chris Barrie

 

 

Notes to Editors

 

Andrew Allner

 

Andrew Allner joined  the Board  of Go-Ahead in  October 2008.  He chairs  the 
Audit Committee  and sits  on the  Remuneration Committee  and the  Nomination 
Committee. He was appointed  Senior Independent Director  in October 2011.  He 
was formerly  a Partner  at  PricewaterhouseCoopers and  is  a Fellow  of  the 
Institute of Chartered Accountants  in England & Wales.  He was Group  Finance 
Director of  RHM  plc  between 2004  and  2007  and has  other  Executive  and 
Non-Executive PLC  board  experience.   Andrew currently  holds  a  number  of 
external appointments  including  Non-Executive  Chairman  at  Marshalls  plc, 
Non-Executive Director at  CSR plc, Non-Executive  Director at Northgate  plc, 
Senior Independent Director at AZ  Electronics Materials SA and  Non-Executive 
Chairman of Fox Marble Holdings plc.  

 

GO-AHEAD

Go-Ahead is a  leading UK  public transport operator,  providing high  quality 
services in the bus and rail  sectors.  Employing around 23,000 people  across 
the country,  over  one  billion  passenger journeys  are  undertaken  on  our 
services each year.  We  are committed to operating  our companies in a  safe, 
socially and  environmentally  responsible way  and  are proud  to  have  been 
reaccredited with Carbon Trust Standard after taking action on climate change.
In addition to the travelling public, our customers include the Department for
Transport, Transport for London (TfL) and local authorities.

 

BUS

Go-Ahead is one  of the UK's  largest bus  operators. With a  fleet of  around 
4,600 buses, we carry,  on average, around 1.7  million passengers every  day. 
 Our operations  are focused  on high  density commuter  markets.  We  have  a 
strong presence in  London, with  around 24 per  cent market  share, where  we 
provide regulated  services  for  TfL.  We  operate  deregulated  services  in 
Oxford, East Anglia, the South East, Southern and North East England.  We also
have a yellow school bus joint venture in North America.

 

RAIL

The rail operation, Govia, is 65 per cent owned by Go-Ahead and 35 per cent by
Keolis. It is the busiest rail operation in the UK, responsible for nearly  30 
per cent of all UK passenger rail journeys through its three rail  franchises: 
Southern  (which  includes  the  Gatwick  Express),  Southeastern  and  London 
Midland.  Southeastern operates the first and only UK domestic high speed rail
service, between Kent and London.

 

                     This information is provided by RNS
           The company news service from the London Stock Exchange
 
END
 
 
BOAMMMZGNDRGZZM -0- Oct/25/2012 06:00 GMT
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