Ladbrokes Announces Non-executive Director Appointment

LADBROKES ANNOUNCES NON-EXECUTIVE DIRECTOR APPOINTMENT

09th October, 2013 at 03:13:38
Source: http://www.azonlinecasinos.com

David Martin to replace John Jarvis.

Ladbrokes plc has announced the appointment of David Martin as a non-executive director with effect from 31 October 2013.

His appointment follows the decision by John Jarvis CVO, CBE to retire from the board at the group's AGM in 2014, which was announced earlier this year.

Martin is chief executive of Arriva plc, one of Europe's largest passenger transport providers, which is part of Deutsche Bahn AG, a leading worldwide provider of transport and logistics services.

He is a qualified accountant with many years of general management experience and has been engaged in the public transport industry since 1986. He joined the Arriva board in 1998 with specific responsibility for the group's international operations and development and has been chief executive since 2006 and oversaw its purchase by Deutsche Bahn in August 2010.

The group previously announced that John Jarvis is to retire from the Board at the conclusion of the group's AGM in 2014. Jarvis has been an independent non-executive director since July 2006 and is chairman of the board's Remuneration Committee. In due course, Martin will succeed Jarvis as chairman of the Remuneration Committee.

Commenting on the appointment, Ladbrokes plc chairman Peter Erskine said: "I am delighted to welcome David to the board. His extensive management experience, notably of international operations, is particularly relevant at this stage of the group's development and will complement the existing skills of the board. I would also like to extend my thanks to John for his significant contribution to the deliberations of the Board over many years and we wish him well in his future retirement."

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