BLACKBURN, UK. 24 FEBRUARY 2021
EG Group, the leading international fuel and convenience retailer, is pleased to announce the appointment of Dame Alison Carnwath as a Non-Executive Director and as Chair of the Audit Committee with effect from March 1, 2021.
Dame Alison is one of the UK’s most experienced directors and has served on some of the most respected UK public companies including as a director at BP, Friends Provident, Gallaher, Barclays and Man Group among others. She is currently Chair of the Audit Committee at Zurich Insurance and BASF and a nonexecutive at Paccar, a Fortune 500 company listed on NASDAQ. The appointment of Dame Alison to the Board follows the recent appointments of Lord Rose as Chairman, and John Carey as a Non-Executive Director of EG Group. The Board has also agreed to establish Board remuneration and nomination sub-committees. It is expected that the remit for, and membership of these committees, will be in place by no later than early Q2.
Stuart Rose, Chairman of EG Group, said: “I am delighted to welcome Dame Alison to EG Group’s Board. Alison is one of the most admired people in British business with an exceptional track record as a Non-Executive Director of some of the UK’s leading companies. Her experience and expertise makes her an excellent addition to the Board, and superbly well-placed to lead the Group’s Audit Committee. I joined EG in January because the shareholders asked me to develop appropriate governance for a business of this scale and Alison’s appointment further underscores the Group’s commitment to establish a best-inclass governance model.”
Zuber Issa CBE and Mohsin Issa CBE, co-founders and co-CEOs of EG Group, said: “We are delighted to have attracted a non-executive of the caliber and experience of Alison to the Group board. Alongside Lord Stuart Rose and John Carey, the appointment of Alison clearly demonstrates a commitment by the shareholders to put in place a Board that is consistent with those of a public company of equivalent scale.”