Experian Chairman to step down in 2014

Information services company Experian has announced that its Chairman, Sir John Peace, is planning to step down from his role by the July 2014 annual general meeting.

Information services company Experian has announced that its Chairman, Sir John Peace, is planning to step down from his role by the July 2014 annual general meeting.

Sir Alan Rudge, Deputy Chairman, said on behalf of the Experian board: "As a founder of the business, Sir John has had a truly remarkable 40 year career at Experian. As Chairman, he has overseen Experian's progress as a publicly listed company and his passion, energy and foresight have been key to shaping the business.

"Sir John's decision to step down forms part of the board's well considered long term succession plan and we will now start the process of appointing his successor."

The company said that Peace's successor will be selected by the Nomination & Corporate Governance Committee.

For his part, Peace said: "I have had the privilege of being part of Experian since the beginning. It has been a huge part of my life and I have worked with many great people. I will leave in the knowledge that the company is in the hands of an experienced, visionary board and management team who will continue to take the business forward."

The share price was up 1.77% at 1,152p by 15:25.

NR

Recommended

How to profit from India’s high-tech recovery
Share tips

How to profit from India’s high-tech recovery

Professional investor David Cornell of the India Capital Growth Fund, selects three of his favourite Indian stocks to buy now.
27 Sep 2021
Share tips of the week – 24 September
Share tips

Share tips of the week – 24 September

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
24 Sep 2021
Three strong Asian stocks trading at bargain prices
Share tips

Three strong Asian stocks trading at bargain prices

Professional investor Nitin Bajaj of the Fidelity Asian Values investment trust picks three stocks that dominate their industries, earn good returns o…
20 Sep 2021
Why it pays to face up to your investment mistakes
Investment strategy

Why it pays to face up to your investment mistakes

Buying stocks can be a complicated business. But selling stocks can be tricky, too – even if you sell for the right reasons. Max King explains how to …
17 Sep 2021

Most Popular

A nightmare 1970s scenario for investors is edging closer
Investment strategy

A nightmare 1970s scenario for investors is edging closer

Inflation need not be a worry unless it is driven by labour market shortages. Unfortunately, writes macroeconomist Philip Pilkington, that’s exactly w…
17 Sep 2021
What really causes inflation? Here’s what prices since 1970 tell us
Inflation

What really causes inflation? Here’s what prices since 1970 tell us

As UK inflation hits 3.2%, Dominic Frisby compares the cost of living 50 years ago with that of today, and explains how debt drives prices higher.
15 Sep 2021
The times may be changing, but don’t change how you invest
Small cap stocks

The times may be changing, but don’t change how you invest

We are living in strange times. But the basics of investing remain the same: buy fairly-priced stocks that can provide an income. And there are few be…
13 Sep 2021