Redde Northgate Plc Directorate Changes
06 Maio 2022 - 5:55AM
UK Regulatory
TIDMREDD
6 May 2022
REDDE NORTHGATE PLC
("Redde Northgate" or the "Group" or the "Company")
Redde Northgate plc Directorate Changes
Redde Northgate plc today announces that Bindi Karia will join the Board as an
Independent Non-Executive Director, effective immediately. Bindi will join the
Company's Remuneration Committee, Audit Committee and Nomination Committee.
Separately and effective from today, John Davies, Non-Executive Director and
Chair of the Remuneration Committee, will step down from the Board and John
Pattullo will become Chair of the Remuneration Committee in addition to his
present role as Senior Independent Director of the Company.
Avril Palmer-Baunack, Chairman, Redde Northgate plc, said:
"I am delighted to welcome Bindi to the Board. Bindi brings deep experience in
technology and innovation having held senior board, investment and advisory
roles across the technology ecosystem in Europe, which will be of great benefit
to the Group as we continue to focus, drive and broaden our business, invest in
digitalisation and enhance our mobility solutions platform.
I would like to thank John Davies for his significant contribution and service
over the past decade to the Redde plc board and subsequently the Redde
Northgate plc Board."
Since its merger in 2020, Redde Northgate has regularly reviewed the
composition of the Board and is committed to seeking opportunities to enhance
the breadth and skills of the Board for the benefit of the Group's
stakeholders.
Background
Bindi is currently a Venture Partner at Molten Ventures Plc, a European
Technology Venture Capital Fund, as well as Venture Partner at Minesfund, a
US-based Venture Fund focused on the advancement of energy. Bindi is also an
Advisory Board Member of CognitionX, Humanity Health and Wrisk Ltd and a World
Economic Forum Member for the Digital Leaders of Europe. Bindi has previously
held a variety of senior technology roles, including as a Digital Advisory
Board member at The Very Group and Centrica, as well as senior roles at Silicon
Valley Bank, Microsoft Ventures and PwC. Bindi also serves on the University of
East London Board of Governors, where she is also Chair of the Ethics Advisory
Committee.
There are no other matters which require disclosure under Listing Rule 9.6.13R.
For further information contact:
Buchanan
David Rydell/Jamie Hooper/Tilly Abraham +44 (0) 207
466 5000
Notes to Editors:
Redde Northgate is the leading integrated mobility solutions platform providing
services across the vehicle lifecycle. The Company offers integrated mobility
solutions to businesses, fleet operators, insurers, OEMs and other customers
across seven key areas: vehicle rental, vehicle data, accident management,
vehicle repairs, fleet management, service and maintenance, vehicle ancillary
services and vehicle sales.
The Company's core purpose is to keep its customers mobile, whether through
meeting their regular mobility needs or by servicing and supporting them when
unforeseen events occur. With its considerable scale and reach, Redde
Northgate's mission is to offer a market-leading customer proposition and drive
enhanced returns for shareholders by creating value through sustainable
compounding growth. The Group aims to achieve this through the delivery of its
strategic framework of Focus, Drive and Broaden.
Redde Northgate services its customers through a network and diversified fleet
of over 120,000 owned and leased vehicles, supporting over 600,000 managed
vehicles, with more than 170 workshop, body shop and rental locations across
the UK, Ireland and Spain and a specialist team of over 6,000 automotive
services professionals.
Further information please visit the Company's website:
www.reddenorthgate.com
END
(END) Dow Jones Newswires
May 06, 2022 04:55 ET (08:55 GMT)
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