March 29, 2017 / 6:18 AM / 8 months ago

BRIEF-SIG says Meinie Oldersma to start as CEO on April 3

March 29 (Reuters) - SIG

* Further to the announcement made on 14 March 2017, SIG confirms that Meinie Oldersma will join SIG on 3 April 2017 and will be appointed a Director of the board and Group Chief Executive with effect from that date.

* Mel Ewell, currently Interim Group Chief Executive, will continue to serve as an Executive Director for a handover period following Oldersma’s appointment, until 30 April 2017.

* With effect from 1 May 2017, Ewell will resume his Non-Executive Director duties.

* Leslie Van de Walle, Chairman, has informed the Board of his intention to step down as Chairman and retire as a Director of the Board once a successor has been identified and once Oldersma is established in role.

* In order to ensure an orderly succession process, a search and selection process for a new Chairman will now commence. Source text for Eikon: Further company coverage: (London Newsroom)

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