REG-FirstGroup Plc: Directorate Change

FirstgroupAnnouncement

11/09/2024 07:15

11 September 2024

FirstGroup plc

Appointment of Board Chair

FirstGroup plc (‘FirstGroup’ or ‘the Group’) is pleased to announce
that, following a comprehensive search process, Lena Wilson CBE will be
joining the Board as Chair on 1 February 2025.

Lena is an experienced director and Chair having held roles on listed and
private companies for over a decade, serving on the boards of Scottish Power
Renewables Limited and Intertek Group plc and chairing AGS Airports Limited. 
Lena was Chief Executive of Scottish Enterprise from 2009 to 2017 and prior to
that, was a Senior Investment Advisor to The World Bank in Washington DC.

Lena is currently a non-executive director and Remuneration Committee Chair at
NatWest Group plc and also the Chair of Picton Property Income Limited.

Commenting on the appointment Lena Wilson said, “I am very pleased to be
joining the Board of FirstGroup as Chair.  I am excited about the
opportunities that exist to deliver public transport services for our
customers and employees in a sector that is vitally important to the
nation’s economy and to continue the good progress the Group has made over
recent years.”

Peter Lynas, Senior Independent Director said, “We are delighted that Lena
will be joining us to chair our Board, bringing substantial experience from
both the public and private sector combined with a strong track-record as a
non-executive director.  We also thank David Martin for his service to the
Group over the last five years.”

Further to the announcement on 26 July 2024, David Martin retired from the
Board at close of business yesterday and until Lena joins the Board, Peter
Lynas the Senior Independent Director will act as chair of the Board. 

This announcement is made pursuant to Listing Rule 6.4.6R. There are no other
details required to be disclosed under Listing Rule 6.4.8R.

 

 Contacts at FirstGroup: Marianna Bowes, Head of Investor Relations Stuart Butchers, Head of Corporate Communications corporate.comms@firstgroup.co.uk Tel: +44 (0) 20 7725 3354  Contacts at Brunswick PR: Andrew Porter / Simone Selzer Tel: +44 (0) 20 7404 5959  

 

 Contacts at Panmure Liberum: Nicholas How / John Fishley   Contacts at RBC Europe Limited: James Agnew / Jack Wood Tel: +44 (0) 20 7653 4000  
  Tel: +44 (0) 20 3100 2000                                                                                                                    

 

 

Forward-looking statements

Certain statements included or incorporated by reference within this document
may constitute ‘forward-looking statements’ with respect to the business,
strategy and plans of the Group and our current goals, assumptions and
expectations relating to our future financial condition, performance and
results. By their nature, forward-looking statements involve known and unknown
risks, assumptions, uncertainties and other factors that cause actual results,
performance or achievements of the Group to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. No statement in this document should be construed
as a profit forecast for any period. Shareholders are cautioned not to place
undue reliance on the forward-looking statements. Except as required by the UK
Listing Rules and applicable law, the Group does not undertake any obligation
to update or change any forward-looking statements to reflect events occurring
after the date of this document.

 

Notes

Legal Entity Identifier (LEI): 549300DEJZCPWA4HKM93. Classification as per DTR
6 Annex 1R: 3.1.

 

About FirstGroup

FirstGroup plc (LSE: FGP.L) is a leading private sector provider of public
transport services. With £4.7 billion in revenue and around 30,000 employees,
we transported almost 2m passengers a day in FY 2024. We create solutions that
reduce complexity, making travel smoother and life easier. Our businesses are
at the heart of our communities and the essential services we provide are
critical to delivering wider economic, social and environmental goals. Each of
our divisions is a leader in its field: First Bus is one of the largest
regional bus operators in the UK, serving more than 20% of the population in
the UK with a fleet of around c.4,800 buses, and carrying more than a million
passengers a day. First Rail is one of the UK’s largest rail operators, with
many years of experience running long-distance, commuter, regional and sleeper
rail services. We operate a fleet of c.3,700 locomotives and rail carriages
through three DfT contracted train operating companies: WCP (incorporating
Avanti West Coast and West Coast Partnership Development), GWR and SWR) and
two open access routes (Hull Trains and Lumo). We are formally committed to
operating a zero-emission First Bus fleet by 2035, and First Rail will help
support the UK Government’s goal to remove all diesel-only trains from
service by 2040. During FY 2024 FirstGroup was named as one of the world’s
cleanest 200 public companies for the fifth consecutive year and achieved
Industry Top-Rated status for the first time with Sustainalytics. We provide
easy and convenient mobility, improving quality of life by connecting people
and communities. Visit our website at www.firstgroupplc.com and follow us
@firstgroupplc on X.

 



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