The Sage Group plc (LON:SGE) has announced that Sir Donald Brydon has indicated his intention to retire from his role as Chairman of Sage, and step down from the Board, in September 2021. When he steps down Sir Donald will have served as Sage’s Chairman for nine years. His retirement aligns with the Board succession plan and good corporate governance practice, including the UK Corporate Governance Code requirement for a chair to step down after nine years on the board.
The Sage Group Nomination Committee will establish a process, led by the Senior Independent Director Drummond Hall, to identify and appoint his successor in due course.
