3 Dec 2019 15:32
3 December 2019
National Grid plc ('National Grid')
Board Appointment
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National Grid is pleased to announce the appointment of Liz Hewitt as a Non-executive Director of the Board with effect from 1 January 2020. On appointment, Liz will join the Audit Committee, Nominations Committee and Safety, Environment and Health Committee of National Grid plc.
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Liz Hewitt is a Chartered Accountant, who qualified with Arthur Andersen & Co., and then held a variety of executive positions in private equity companies including Gartmore Investment Management Ltd and Citicorp Venture Capital Ltd. At 3i Group plc Liz was a private equity investor and then Director of Corporate Affairs. Liz also worked for Smith & Nephew plc as Group Director of Corporate Affairs.
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More recently, Liz was Non-executive Director and chair of the Audit Committee of Synergy Health plc from 2011 to 2014 and Non-executive Director and chair of the Audit Committee of Savills plc from 2014 until May 2019.
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Liz is currently the Senior Independent Director and chair of the Audit Committee at Melrose Industries plc and is also a Non-executive Director and chair of the Audit Committee at Novo Nordisk A/S. Liz is also an external member of the House of Lords Commission and has chaired its Audit Committee. Through her Non-executive Director career, Liz has wide experience of being chair or a member of audit, remuneration, nominations, disclosures, risk and corporate social responsibility committees.
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Sir Peter Gershon, Chairman of National Grid, said:Â
"The Board is delighted to appoint Liz as an independent Non-executive Director. Liz brings extensive business, financial and investment experience to the Board having held a number of senior roles in international companies across a number of sectors. Liz will be a great asset to our Audit, Nominations, and Safety, Environment and Health Committees and we look forward to welcoming her to the Board.
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Liz's appointment is part of our ongoing commitment to build and maintain an effective Board which is high quality in terms of expertise, diversity and background. As a result, shareholders will continue to benefit from strong governance and stewardship."
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In accordance with the Listing Rules, there are no additional matters that would require disclosure under 9.6.13R of the Listing Rules of the UK Financial Conduct Authority.
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CONTACTS
National Grid:
Investors:
Nick Ashworth +44 (0) 7814 355590
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Media
Molly Neal +44 (0) 7583 102727