Severn Trent Plc (LON:SVT) has announced that John Coghlan, Independent Non-Executive Director, member of the Nominations and Treasury Committees, and Chair of the Audit and Risk Committee, will retire from the Board on 31 December 2023. John has served on the Board for nine years and has agreed to remain on the Board for a short period to facilitate the orderly transition of his role as Chair of the Audit and Risk Committee to his successor.
John will be succeeded as Chair of the Audit and Risk Committee by Sarah Legg who joined the Board as an Independent Non-Executive Director on 1 November 2022 and who has been a member of the Nominations, Audit and Risk, Treasury, and Corporate Sustainability Committees since her appointment.
Commenting on John’s retirement, Christine Hodgson, Chair, said,
“I would like to thank John very much for the significant contribution he has made to Severn Trent during his time on the Board and in particular as Chair of the Audit and Risk Committee. His expertise, professionalism and commitment are greatly appreciated by the Board and the Company.”
Severn Trent confirms that there is no other information to be disclosed under the requirements of Listing Rule 9.6.13R in relation to these appointments.
