19 June 2014: PayPoint plc is pleased to announce the appointment of Neil Carson to its board as a non-executive director with effect from the conclusion of the annual general meeting on 23 July 2014. Neil will succeed Andrew Robb as chairman of the remuneration committee and as senior independent director, following Andrew’s retirement at the forthcoming annual general meeting.
Neil recently stepped down from his role as chief executive of Johnson Matthey Plc, a position he held for ten years, but will remain on the board of Johnson Matthey Plc until his retirement at the end of September 2014. Neil is also a non-executive director and member of the remuneration, audit, nomination and ethics committees at AMEC plc.
Warren Tucker, Chairman designate, said:
“We are delighted to welcome Neil to the PayPoint board. Neil is a distinguished FTSE100 chief executive and I’m sure his extensive board experience will be of great benefit to our board. I also look forward to working closely with Neil in his capacity as senior independent director.”
David Newlands, Chairman, said:
“Andrew Robb, who has served on the PayPoint board since 2004, was formerly chairman of the audit committee and is chairman of the remuneration committee and senior independent director, will retire at the annual general meeting. I would like to thank Andrew for his service and wish him a long and happy retirement.”
There are no further disclosures required for the purposes of Listing Rule 9.6.13.