REG - Mandarin Oriental - Company Board Changes

Mandarin Oriental InternationalAnnouncement

16/07/2024 11:00

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20240716:nRSP6025Wa&default-theme=true

RNS Number : 6025W  Mandarin Oriental International Ltd  16 July 2024

MANDARIN ORIENTAL INTERNATIONAL LIMITED

 

COMPANY BOARD CHANGES

 

 

Mandarin Oriental International Limited (the 'Company') is pleased to announce
the following changes to the Board:

 

Fabrice Megarbane will join the Board of the Company as an Independent
Non-Executive Director with effect from 1 August 2024.

 

John Witt, Group Managing Director of Jardine Matheson, will step down as a
Director from the Company's Board and as a member of the Remuneration and
Nominations Committees.  Adam Keswick will step down from the Nominations
Committee and Graham Baker will step down from the Remuneration Committee.
Adam remains as a Director. These changes will all take effect from 22 July
2024.

 

The Company is also announcing that Sean Ward will be appointed as Company
Secretary, with effect from 22 July 2024, succeeding Jonathan Lloyd.

 

Fabrice Megarbane is the Chief Global Growth Officer of L'Oréal. He was
previously President and CEO of L'Oréal North Asia and CEO of L'Oréal China
and serves on its global executive committee. He managed a combined revenue of
more than EUR10 billion, which accounts for over 25 percent of L'Oréal's
global business, and an organisation of 20,000 people. Fabrice started his
marketing career at L'Oréal S.A. in 2000. He brings multi-market experience,
combining emerging and developed markets, including Europe, the Middle East,
Africa, Germany, China and now North Asia.

 

Commenting on these changes, Chair Ben Keswick said: "I am pleased to welcome
Fabrice to our Board, which will benefit from his extensive experience at
L'Oréal. He is an accomplished and passionate marketer and brand builder with
a deep consumer focus and extensive experience in digital transformation.

 

We will continue to enhance the composition of our Board, bringing in relevant
expertise to help our management team deliver on their strategy and build
long-term shareholder value.

 

I would also like to thank John and Jonathan for their service to the Board."

 

 

Jonathan Lloyd, Jardine Matheson Limited

For and on behalf of Mandarin Oriental International Limited

 

16th July 2024

 

www.mandarinoriental.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAGPUBCMUPCUBQ