West Bromwich Building Society Directorate Change (2487R)
05 Marzo 2021 - 1:00AM
UK Regulatory
TIDMWBS
RNS Number : 2487R
West Bromwich Building Society
05 March 2021
West Bromwich Building Society (The West Brom) announces Mark
Nicholls retires as Chairman and Director of the Board
The West Bromwich Building Society today announces that, due to
unexpected personal circumstances, its Chairman, Mark Nicholls, has
retired as Chairman and a Non-Executive Director with immediate
effect. The Society has recently announced that John Maltby will
succeed Mark as Chair (Link:
https://www.londonstockexchange.com/news-article/WBS/board-change/14809581
) , subject to regulatory approval. For the period until such
approval is confirmed, Julie Hopes, currently Deputy Chair, will be
Acting Chair.
Jonathan Westhoff, Chief Executive of the West Brom,
commented:
" Mark ' s contribution to the significant achievements of the
Society over the last eleven years can ' t be overstated. He
brought together a new Board in 2010 to galvanise the recovery of
the Society in the most challenging of circumstances. He has been a
constant source of guidance and unwavering support for not only me
personally but all of my colleagues, from which we have all
benefitted hugely, over a period when the West Brom has moved from
dealing with the impact of the 2008 financial crisis to a strong,
purpose-led building society.
Julie Hopes, Senior Independent Director and Deputy Chair,
commented:
" On behalf of the Board I would like to thank Mark for his
outstanding leadership. In particular we are very grateful to Mark
for agreeing to serve an extended term to allow us to bring in a
number of new members to the Board and complete the search for his
successor. The positive Boardroom culture that he has created has
been fundamental to the Society's many successes during his tenure.
We will all miss Mark greatly and wish him a very happy retirement
"
Enquiries:
Beth Meads
PR Manager
Telephone: 0121 796 7740
Mobile: 07507 634128
Email: pr@westbrom.co.uk
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END
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