The Board of Electra Private Equity has appointed Neil Johnson as non-executive Chairman and Director of the Company with effect from 12 May 2016.
Following Johnson’s appointment, Dame Kate Barker, who has been Chairman of the Company since 5 November 2015, will resume her roles as Senior Independent Director and Chairman of the Remuneration and Nomination Committee. Roger Perkin will stand down from these roles, which he has held since Dame Kate was appointed as Chairman of the Company in November 2015.
Dame Kate Barker, Chairman, says: “This appointment follows a rigorous selection process and we are delighted to appoint Neil Johnson as Chairman of Electra. He has extensive experience in managing and chairing a range of listed and private companies which will be of great value as the Board carries out its review of investment policy and structure.”
Johnson says: “I am looking forward to joining the Board of Electra and becoming Chairman following Dame Kate Barker's period as Chairman. I am delighted that Kate has agreed to resume her former role as Senior Independent Director and Chairman of Remuneration Committee as I know her insights and experience will be most helpful. I hope that the breadth of perspective acquired in my career to date, executive, non-executive and advisory, will serve the Company well as we review our business model to ensure optimised shareholder value.”
