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Pin to quick picksBarclays Share News (BARC)

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Share Price: 208.90
Bid: 209.35
Ask: 209.45
Change: -0.85 (-0.41%)
Spread: 0.10 (0.048%)
Open: 210.15
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EXECUTIVE CHANGES: GSK adds scientific heft to board ahead of demerger

Wed, 27th Oct 2021 14:37

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and not separately reported by Alliance News:

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GlaxoSmithKline PLC - West London-based pharmaceutical firm - Hires Hal Dietz as non-executive director, starting January 1. Dietz is professor of Genetic Medicine at Johns Hopkins University School of Medicine in Baltimore, Maryland. GSK said Dietz will strengthen the scientific capabilities of the board of "new GSK" ahead of the demerger of its Consumer Healthcare business in mid-2022. Dietz will be the third scientific and medical expert on the board, alongside Jesse Goodman, former chief scientist at US regulator the Food & Drug Administration and Laurie Glimcher, chief executive officer of the Dana-Farber Cancer Institute. GSK on Wednesday reported pretax profit of GBP1.75 billion in the third quarter of 2021, up 4.8% from GBP1.67 billion a year ago. Revenue increased by 5.0% to GBP9.08 billion from GBP8.65 billion last year.

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Allergy Therapeutics PLC - Worthing, Sussex-based pharmaceutical firm focused on allergy vaccines - Hires Cheryl MacDiarmid as non-executive director, starting Wednesday. MacDiarmid worked at GlaxoSmithKline since 1993. She currently is head of Commercial Strategy for ViiV Healthcare, the HIV joint venture of GSK, Pfizer Inc and Shionogi & Co Ltd. On Monday, Allergy Therapeutics reported positive top-line results from the G309 exploratory field trial to evaluate the efficacy and safety of Grass MATA MPL, a short-course subcutaneous allergen-specific immunotherapy candidate that aims to address the cause of symptoms of allergic rhinoconjunctivitis due to grass pollen.

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Berkeley Group Holdings PLC - Cobham, England-based housebuilder - Executive Director Sean Ellis will step down from the board immediately and leave the company in 12 months time "to pursue other interests". Ellis has been on the Berkeley Group board since 2010.

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Polar Capital Global Financials Trust PLC - invests in finance companies for income and capital growth - Hires Cecilia McAnulty as independent non-executive director, starting on Monday next week. McAnulty was a portfolio manager at Centaurus Capital, investing in special situation equities, distressed debt, and high yield bonds. Prior to Centaurus, she was head of Structured Finance for Royal Bank of Scotland, part of what is now called NatWest Group PLC, and a director of principal investing for Barclays Capital, part of Barclays PLC.

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By Tom Waite; thomaslwaite@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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7 Jul 2023 20:34

Barclays hires Birchenough as chairman of healthcare investment banking

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6 Jul 2023 19:14

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6 Jul 2023 18:45

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6 Jul 2023 14:58

Ex UBS trader Hayes allowed to appeal Libor conviction

"Real possibility" Hayes' conviction will be overturned-CCRC

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6 Jul 2023 07:43

LONDON BRIEFING: FTSE 100 to fall as more US rate hikes expected

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UK FCA to discuss savings rates concerns with bank chiefs

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4 Jul 2023 07:24

FCA summons bank chiefs over low savings rate concerns

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UK banks asked by lawmakers if they're 'exploiting' savers with low rates

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IN BRIEF: Capita extends revolving credit facility to end of 2026

Capita PLC - London-based process outsourcing and professional services company - Extends the maturity of its revolving credit facility by just over two years to December 31, 2026 from August 31, 2024. The available facility is for GBP284 million, reducing to GBP250 million by January 1, 2025. The facility was arranged by seven lenders. These comprised two new banking partners, Standard Chartered PLC and the London branch of Bank of China Ltd, plus five existing lenders, including Barclays Bank PLC and Lloyds Banking Group PLC. The original terms of the RCF are "substantially unchanged." Barclays acted as the coordinator for the arrangement.

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UK banks criticised by lawmakers for 'measly' savings rates

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Barclays seeks to stop being corporate banker to Odey Asset Management - FT

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