Directorate Changes
Ricardo plc announces the appointment of
Caroline (Carol) Borg as new Audit Chair, succeeding William (Bill)
Spencer
Ricardo Plc (Ricardo) is pleased to announce,
the appointment of Carol Borg as a Non-Executive Director from 1st
July 2024. William Spencer will step down from the Board at the
Annual General Meeting in November 2024 and Carol will succeed him
as Chair of the Audit Committee. Carol Borg, who holds a
bachelor degree in accounting (Australia) and is a certified
practicing accountant, is currently the Group Chief Financial
Officer at Qinetiq Group plc, an integrated global defence and
security company focused on mission-led innovation where she is
responsible for global Finance and Governance
activities.
Mark Clare, Ricardo's Chairman, said: "The Board
is delighted that Carol has agreed to join Ricardo as a
Non-Executive Director and take on the responsibility as Audit
Committee Chair when Bill steps
down in November this year. Alongside her
financial skills Carol has extensive international and energy
sector experience which will be invaluable to Ricardo. On behalf of
the Board, I would like to
extend our thanks to Bill for his significant
contribution to the company over the past 7 years and for his
strong stewardship as Chair of the Audit Committee, during a time
of significant change."
Information
notified pursuant to Listing Rule 9.6.13
Carol Borg holds or has held, the following
directorships of publicly quoted companies in the past five
years:
Executive Director, QinetiQ Group plc
There is no other information concerning Carol
Borg which requires disclosure under Listing Rule
9.6.13.
Visit
our website: - www.ricardo.com
For
further information please contact:
Harpreet Sagoo, Group General Counsel
and Company
Secretary:
+44 (0) 7742 810528