DIrector and Board Committee
Membership change
The Board of Spectris plc
('Spectris') (LSE: SXS), the expert in
providing insight through precision measurement, announces that Bill Seeger will retire from the Board at the
conclusion of the 2024 Annual General Meeting ("2024 AGM"), having
served on the Board for more than nine
years.
Mark Williamson, Chairman of
Spectris, commented: "I would like to take this opportunity to
recognise Bill's significant contribution to the Board over the
past nine years, notably through his role as Chairman of the Audit
and Risk Committee. He will be greatly missed by the Board from
both a personal and professional perspective."
In accordance with paragraph 9.6.11R
of the Listing Rules, the Board is pleased to confirm that, as part
of a planned succession process, Mandy Gradden will be appointed as
Chairman of the Audit and Risk Committee from the conclusion of the
2024 AGM. Mandy has served on the Audit and Risk Committee since
her appointment to the Board in October 2023 and brings to the role
her recent and relevant financial expertise and experience as Chief
Financial Officer ('CFO') of Ascential plc.
Ulf Quellmann will also reach nine
years' service ahead of the 2024 AGM. The Board recognises the
potential loss of experience of two long-standing directors and the
importance of continuity of Board oversight. Therefore, the Board
is recommending that Ulf Quellmann be re-elected at the 2024 AGM,
with the intention that he will serve on the Board for up to one
year, while the selection process for his successor continues. The
Board continues to consider Ulf to be independent. However, in
recognition of the spirit of the UK Corporate Governance Code
regarding the independence of our Board Committees, Ulf will step
down as a member of the Remuneration Committee, Audit & Risk
Committee and Nomination & Governance Committee and will not
sit on any Board Committee following the conclusion of the 2024
AGM.
Following the 2024 AGM, the
composition of the Board's Committees will be as
follows:
Remuneration Committee
Cathy Turner (Chairman)
Kjersti Wiklund
Dr. Ravi Gopinath
Audit & Risk
Committee
Mandy Gradden (Chairman)
Alison Henwood
Dr. Ravi Gopinath
Nomination & Governance
Committee
Mark Williamson
(Chairman)
Cathy Turner
Mandy Gradden
Kjersti Wiklund
Alison Henwood
Dr. Ravi Gopinath
Name of contact and telephone number
for queries:
Rebecca Dunn
Company Secretary
07464 677320
LEI Number:
213800Z4CO2CZO3M3T10