Last checked at 18 Jun 2024 07:00
Melrose Industries PLC
("Melrose" or the "Company")
Chris Grigg appointed as Non-Executive Director and Chair Designate
with effect from 1 October 2024
Melrose is pleased to announce the appointment of Chris Grigg to its Board as a Non-Executive Director and Chair designate, with effect from 1 October 2024.
Chris is currently Chair of the UK Infrastructure Bank and its nominations committee, having served in those roles since April 2021. He is also Chair of Evelyn Partners and its nominations committee, having served in those roles since February 2022, prior to which he served as a non-executive director. He was a non-executive director of BAE Systems plc for over ten years until December 2023, latterly serving as its SID.
During his executive career, Chris was Chief Executive of British Land from January 2009 and left the board in December 2020.
Earlier in his career, Chris was Chief Executive of Barclays Commercial Bank, and Treasurer of Barclays Bank plc. Prior to this he spent 20 years at Goldman Sachs, latterly as a Partner. He started his career at Morgan Grenfell.
Following a planned transition period, Justin Dowley will step down from his role as Non-executive Chairman on 30 March 2025, and it is intended that Chris will succeed Justin Dowley as the Company's Non-executive Chairman.
Justin Dowley said: "It has been a pleasure to lead the Melrose board since 2019 and through its recent strategic transition. We are delighted that Chris has agreed to join the Melrose Board, and I am confident he will steer Melrose to great success in the future. I look forward to working with him to ensure a smooth transition."
Chris Grigg said: "I am very pleased to be joining the Board of Melrose Industries PLC. Melrose is a fantastic company, and well positioned to grow as a pure-play aerospace business. I look forward to supporting Peter Dilnot and the rest of the Board in continuing to unlock Melrose's full potential."
There is no additional information required to be disclosed pursuant to Listing Rule 9.6.13 in relation to the appointment of Chris Grigg.