Class of 2014 new neds in the ftse350

The Class of 2014

New NEDs in the FTSE 350

www.kornferryinstitute.com

THE CLASS OF 2014

The Class of 2014 New NEDs in the FTSE 350

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Contents Foreword . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Introduction and Methodology . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Executive Summary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 The Class of 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Primary career discipline. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 Gender balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Nationality and international experience . . . . . . . . . . . . . . . . . . . . . 14 Digital experience . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Executive Board and Plc experience . . . . . . . . . . . . . . . . . . . . . . . . .

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Motivations to seek a FTSE 350 NED role . . . . . . . . . . . . . . . . . . . .

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NED Induction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 Interviews with Class of Members . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Paula Hay-Plumb . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Stephen Hubbard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 Rakhi Parekh. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 Cathryn Riley . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 Rebecca Worthington . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 Biographies of The Class of 2014 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34

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Foreword In a world of increasing information, it is always a challenge for a publication to distinguish itself and become a useful frame of reference.

Now in its third year, Korn Ferry’s “Class Of” series has achieved the rare feat of doing both.

Whether you are a Chairman, a Director, an investor, a regulator or someone who aspires to become a Non-Executive Director (NED), Lady Barbara Judge CBE Chairman of the Institute of Directors (IoD)

this short and punchy publication is a real gem: a lens into the changing demography of the Boardrooms of UK Plc.

It is both interesting and instructive to see the backgrounds and profiles of those joining Boards – or the ‘first timers’ as the Class of 2014 would describe them. It is also helpful to have 2007 as a comparator baseline (a year of significant IPOs and the eve of the global financial crisis). As the years pass the trends and patterns of the demography of Board leadership will become even more clear.

Even now The Class of 2014 shows that some interesting developments and patterns are forming. This is especially so in the area of gender diversity on Boards, and the low level of previous Board experience of new NEDs. We can also see the downward trend of overseas Directors on British Boards, as well as the continued emphasis on people with a financial background. The Class of 2013 saw a sharp decline in the proportion of first time NEDs who were women from an all-time high of 47% in 2012, to a disappointing 29% in 2013. I am very pleased to see that in 2014 that number rose to 39%. Now, as we approach the goal of 25% of all FTSE100 NEDs, our attention can be turned to increasing the proportion of women who are, or will become, Executive Directors.

Long the preserve of CEOs and other Executive Directors, The Class of 2014 continues to show an increasing number of new NEDs who take

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on their first Board without prior Plc Executive Director experience.

No doubt this is a reflection of Boards widening the talent pools from which they draw new Directors, and being open to different commercial and leadership backgrounds. I believe this is clearly appropriate. It is, however, even more important to ensure that Directors have education with respect to the role of NEDs, a good induction and mentoring (once on the Board) and ongoing professional development. Potential NEDs should consider taking one of the respected programmes available (such as the IoD’s Chartered Director course) to boost their skills and ‘board readiness’. It is interesting to read the case studies and testimonies included in the publication which stress the importance of a good induction.

Korn Ferry’s Class Of series provides a very helpful reference of talented new Directors, and its importance is even more significant. The ‘firsttimers’ who have become Plc NEDs over the last few years will be the Chairmen, SIDs and Board leaders of UK Plc in coming years. It is therefore extremely useful to get a clear sense as to who they are and what training they have received. In that endeavour, the Class of 2014 helps immensely.

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Introduction and Methodology.

Each year, Korn Ferry analyses the profiles of those individuals who gained their first FTSE 350 Non-Executive Board position during the year. This research, now in its third year and with data sets from 2014, 2013, 2012, and 2007 (for historical comparison), helps uncover the shifting appointment patterns for the UK’s largest Boards. It provides insights into those characteristics in high demand over the previous 12 months and in the short- and medium-term future.

Members of The Class of 2014 have been surveyed as to their reasons for seeking a Non-Executive Director (NED) position, their experience of the process, and any recommendations they would make to aspiring future NEDs or to the Boards seeking to hire them.

Short biographies of each individual are included at the end of this publication. This report is designed as a reference for the broad range of stakeholders involved in NED recruitment.

Methodology Korn Ferry used secondary data sources: including Boardex, a third-party independent database of Board Directors, LinkedIn, and Korn Ferry’s proprietary database of more than 8 million profiles of executive and NonExecutive professionals to identify first-time FTSE 350 NED appointments through 2014 and to ascertain the characteristics of each appointee.

We analysed characteristics including gender, age, professional background, nationality, international experience, and digital capability of 233 individuals and compared the findings to those of the Class of 2012 and 2013 Members.

Our primary research included surveying each first-time FTSE 350 NED in 2014. Our study is further complemented by in-depth interviews with a number of first-time NEDs to provide their insights into their new Board roles and gather their advice for professionals seeking an FTSE 350 Board appointment.

The research was conducted between September 2014 and February 2015.

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Executive Summary The Class of 2014 displays some predictable themes: the sustained focus on Board gender diversity, the high proportion of new NEDs towards those with General Management or finance backgrounds, and a broad requirement for first-time NEDs to have gained past Board exposure as an Executive Director.

However, beneath these headlines, there are some surprising data and, when compared to their peer groups since 2007, the Class of 2014 highlights some telling shifts in the Boardrooms of the UK’s largest companies.

More ‘inexperienced’ appointees.

In 2014, the proportion of FTSE 350 Non-Executive Directorships that went to first-time appointees was 54%. This is a 20% increase over the 2007 Class and continues the trend of the last three years. Of this group of first-time appointees, only 53% had prior executive directorship experience. In 2007, 65% of the Class had already gained past Board experience as an Executive Director. What’s more, of this limited 2014 group with prior Executive Board experience, over half of the Members had gained it on private company Boards.

When one examines the data, this means that in 2007, 80% of all NED appointments were of individuals who had some degree of previous listed company governance experience, gained either in past NonExecutive or Executive roles. By 2014, this proportion has reduced to 60%. This trend puts further pressure on Chairmen to ensure that the 40% that are ‘inexperienced’ are thoroughly inducted and carefully mentored as they learn the craft of directorship. The members of the Class of 2014 have provided valuable guidance on these topics.

Less diversity.

There is a continuation of the theme described in last year’s publication

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of decreasing diversity. Whilst gender diversity continues to be in the news and real progress was made in 2014, other elements of diversity have continued to decline. The proportion of international NEDs was down again in 2014, with 59% of The Class of 2014 carrying British passports. Furthermore, the proportion of The Class of 2014 from the traditional backgrounds of General Management and Finance increased again, and this year 76% came from these two disciplines, back to the proportion seen in 2007.

One highlight within these trends, however, is that the proportion of female appointees with General Management or Finance backgrounds grew significantly. 26% of the Members of the Class of 2014 with these career backgrounds were women, compared to only 15% in 2013. This is hopefully a result of a deepening pipeline of female General Managers.

Whilst we are yet to see a significant increase of female Executive Directors, still approximately 9% for FTSE 100 and 5% for FTSE 250 companies, according to the latest Cranfield report, perhaps we can infer a growing number of women at the executive level just below the Board.

Hopefully the experience gained as NEDs on outside Boards will serve to improve their chances of becoming Executive Directors of their own companies.

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The Class of 2014.

Newcomers to FTSE 350 Boards.

In total, there were 434 NED appointments to the FTSE 350 in 2014, down from 494 the previous year. Since 2007, there has been a small (0.9%) reduction in average annual appointments; however, over the same period, the proportion of first-time appointees has steadily grown, and during 2014, 54% of all appointments were given to first timers, up from 45% in 2007.

The return of IPO activity over the last two years has contributed to this trend. There were 15 FTSE 350 IPOs in 2014, contributing to 32 first-time appointments, compared to the same number in 2013, contributing 55 Members to the Class of 2013.

Figure 1 Split of FTSE 350 appointments between those with experience and first-time appointees.

600 500

494

466

400 300

434

402 257

234 201

209 260

200 209

193

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10

2007

2012

100

55

233 32

0

First-Time FTSE 350 Appointments

2013

Experienced FTSE 350 Appointments

2014 First-Time FTSE 350 NEDs on IPO Boards

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100% 80% 55%

52%

47%

46%

45%

48%

53%

54%

2007

2012

2013

2014

60% 40% 20% 0%

First-Time FTSE 350 Appointments

Experienced FTSE 350 Appointments

This upward trend of bringing ‘new blood’ into the Boardroom, driven partly, we assume, by the push on gender diversity, reinforces the observation we made last year as to the growing proportion of FTSE 350 NEDs with limited Board experience.

At the end of 2014, there was a total of 2,248 NEDs sitting on FTSE 350 Boards. As our analysis above shows, more than 30% of them have less than three years’ experience as a NED; of those, approximately 75% had no previous experience as an Executive Director of a listed company. As the drive for greater Board diversity continues (i.e., both the pressure to increase female participation toward one-third and the long-overdue requirement to build ethnic diversity on Boards), so this proportion of inexperienced Board Members will continue to grow.

Primary career discipline.

It is perhaps understandable that the majority of NEDs have a General Management or a Finance/Banking background. The combined proportion of first-time appointees from these core disciplines increased again in 2014, and the tendency toward decreased diversity, other than gender, that we identified in last year’s survey continues. The proportion from these disciplines is now back to the 2007 level. The split between General Management and Finance/Banking has shifted markedly over the period, from 37:39 in 2007 to 43:33 in 2014, perhaps as fewer bankers are appointed to FTSE 350 Boards.

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While these two disciplines have maintained their combined ‘share’ of first-time appointees, there have been a few noticeable changes across other disciplines, particularly in Strategy/Consulting (appointments dropping from 11% in 2007 to 6% in 2014) and Marketing and Communications (increasing from 1% to 5%) and HR (increasing from 1% to 3%). At a time when gender diversity is on every Board’s agenda, these strong growth rates should not be entirely surprising, as the Marketing and Human Resources functions have a relatively higher proportion of senior female executives.

Figure 2 Primary career discipline of Class of 2007, 2012, 2013 and 2014.

1% 1%

3% 5%

4% 5% 6% 6%

3% 11%

37%

43%

39%

2007

2% 3%

33%

2012

2013

2014

Banking/Finance

Commercial/General Management

Strategy/Consulting

Other (Academic, Government)

Marketing and Communications

Human Resources

Research and Technology

Legal

Gender balance.

The most significant shift in the ‘Class of’ population since the inception of this research has been the change in gender balance. As many observers have commented, the combined efforts of politicians, Chairmen, pressure groups, and head hunters alike has had a substantial impact on the appointment of first-time women onto FTSE 350 Boards, and, should this trend continue, the UK will achieve the target set by Lord Davies in 2011 of 25% representation on FTSE 100 Boards by the end of 2015.

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Figure 3 Gender split of Class of Members 2007–2014.

100%

80%

53%

61% 72%

60%

89%

40% 39%

47%

20%

28% 11%

0%

2007

2012

% of Women Appointed

2013

2014

% of Men Appointed

In the Class of 2014, 39% were women, up from only 11% in 2007. Over the last three years, there has been significant variability in the number and percentage of women appointed; however, the high percentage of female Directors appointed in 2012 was likely due to an immediate, strong reaction to the Davies’ report, and, whilst this dropped substantially in 2013, it is reassuring to see the increase in female appointments in the Class of 2014.

The percentage of female appointments has increased across most disciplines over the last two years. Significantly, this increase is greatest in the core disciplines of General Management and Banking/Finance, where the total percentage of female Members of the ‘Class of’ has increased from 15% to 26% over the period. The high proportion of women from General Management and Banking/Finance indicates that the pool of available talent in these core disciplines is good and perhaps shows that the pipeline of senior female executives is strengthening.

As in the previous year, Human Resources, as well as Marketing and Communications, although small in overall percentage and absolute terms, remain female-dominated fields.

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Figure 4 Primary career discipline of first-time FTSE 350 NEDs in 2013 and 2014 split by gender.

50% 45% 40% 8%

35% 30%

15%

7% 11%

25% 20% 15% 10%

32% 28%

27% 21%

1%

5%

7%

2%

3%

2%

3%

3%

4%

0% Banking/Finance

Commercial/General Strategy/Consulting Management

2013 Male

Other (Academic Government)

2013 Female

2%

4%

2% Marketing and Communications

2014 Male

3%

2%

2%

1%

1%

Human Resources

1% 1% 1%

2%

Research and Technology

3%

Legal

2014 Female

Nationality and international experience.

In last year’s survey, we highlighted an apparent trend toward decreasing international diversity amongst the Class of 2013. This trend has continued, and the Class of 2014 are even less internationally diverse than they were the year prior. The proportion of the Class that are British has steadily increased since 2007 at the expense of almost every other nationality other than a marginal increase of those from Latin America and Asia. This lack of geographical diversity is somewhat offset by an increase in British appointees with international experience—up from 43% in 2007 to 55% in 2014. A possible reason for the decrease in international appointments is the increasing time requirements facing NEDs, particularly in the Financial Services sector, and the logistical challenge for Boards that need to coordinate travel of those residing outside the country.

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Figure 5 Nationality split of Class of Members, 2007–2014.

1% 0% 0%

4%

3% 2%

3% 3% 2%

3%

0% 2%

13%

16%

15% 20%

59%

53%

2007

2012

2013

2014

UK

Europe

North America

Latin America

Afica

Middle East

Asia

Australia/New Zealand

Not Disclosed

Digital experience.

The Class of 2014 has an identical proportion of Members with digital experience as in the Class of 2013. However, an increase, albeit of modest proportions, is noticeable when comparing the percentage of digital appointments in 2007 and in 2012 and related Compound Annual Growth Rate (CAGR) of 9%. This can be explained by considering three factors: i) the pool of candidates with digital expertise is relatively small; ii) Directors with digital expertise are in high demand; and iii) each Board has a different “digital need” (i.e., e-commerce, mobile, software, analytics), hence reducing the pool of suitable candidates even further.

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Figure 6 Proportion of digital appointments of Class of Members, 2007–2014.

100% 90% 80% 70% 60% 50%

95.7%

95.9%

4.3%

4.1%

2007

2012

92.3%

92.3%

7.7%

7.7%

2013

2014

40% 30% 20% 10% 0%

Digital Appointments

Non-Digital Appointments

Executive Board and Plc experience.

One constant characteristic of the Class each year is that Boards are keen to find new NEDs who have already learned their Board craft by virtue of having been an Executive Director on another Board. Over the past three years, the percentage of first-time FTSE 350 appointees with previous executive Board experience has stabilised around the mid-50s (53% in 2014), although it has markedly decreased from the 65% of first-time appointments in 2007.

Within this headline number there are some surprising trends, as the graph below shows. The most significant is the decrease, from 24% in 2007 to 15% in 2014, of Directors who have previously been Executive Directors of FTSE 350 companies. Consistent with the decline in international appointments, there has also been a significant drop in the proportion of first timers who had Executive Director experience gained from overseas Boards.

These declines have been offset by the substantial increase in the appointment of first-time appointees with Executive Director experience gained on the Boards of private companies (an increase of 12% to 27% since 2007).

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This is a symptom of a trend of increasing numbers of senior executives working in private equity-owned companies rather than in the listed company sector. Provided these executives remain attracted by opportunities to join Plc Boards, this talent pool will remain a key target for FTSE 350 Board recruiting. However, should compliance or other regulatory demands become more inhibiting, then this important pool of NED talent may become less accessible.

Figure 7 Previous Executive Director experience of Class of Members.

35% 47% 1%

6% 0% 1%

12% 27%

15% 7%

5% 5%

24%

15%

2007 FTSE 350

2012 Other UK Listed

Foreign Listed

2013 Private

Public Sector/Non Profit

2014 Subsidiary

None

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FTSE 100 v. FTSE 250.

We have compared Class of Members within FTSE 100 and FTSE 250 Boards to understand whether the trends we have observed affect large- and medium-cap companies equally.

The analysis shows that, as in 2013, FTSE 100 companies have embraced gender diversity and international expertise to a far greater extent than their FTSE 250 counterparts. Specifically, large-cap organisations, propelled by the Davies requirements, appointed 27 women out of 64 first-timers (42%) compared to 37% in mid-cap companies.

Additionally, 58% of FTSE 100 Class of 2014 Members were non-British nationals, and in total 78% of first-time appointments to FTSE 100 Boards had some international experience. For the FTSE 250 Members, only 34% were not British, and only 49% had some degree of international experience.

Finally, while the split of background experience and discipline of Class of Members is broadly the same across FTSE 100 and FTSE 250 companies, mid-cap companies appointed fewer CEOs and fewer Executive Directors than did FTSE 100 companies. The average age of first-time appointments varies: for FTSE 250 Members, the average age was 53.5, compared to 55.7 for FTSE 100 appointments. However, mid-cap companies appointed Directors with prior Plc experience in higher proportion than did large-cap companies (47% v. 38%).

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FTSE 350 NEDs Insights.

The Korn Ferry Institute surveyed the Members of the Class of 2014 to understand their motivations for becoming NEDs and their experiences in the hiring and onboarding process.

Motivations to seek a FTSE 350 NED role.

The reason most often identified by Class of 2014 Members for becoming a NED was the ability to apply the lessons learned from an executive career. Just over half the respondents were motivated by a desire for a plural career or to broaden their knowledge to further their executive career. Only 10% were attracted to a NED position to increase networking opportunities.

Figure 8

Class of 2014 member motivations for seeking a FTSE 350 NED role.

To add value from my lessons learned in my Executive career

73%

To undertake a plural career and build a portfolio

50%

To broaden my understanding of business and governance

50%

To increase my network

23%

0

10

20

30

40

50

Percentage that selected

60

70

80

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We asked the Class of 2014 to describe their primary reasons for selecting the Board they joined. For those who were finishing their executive career, an important reason was the need to get their first directorship as a stepping stone into portfolio life. Hence the specifics of the particular Board, whilst important, were of less significance.

For those still in executive careers, for whom their first Board is likely to be their only Board for some time, the need to select the ‘right’ Board was more pronounced. For this group the top three reasons were: the ability to contribute and add value, the experience they would gain from the challenges facing the company, and the relevance to them of the particular industry in which the company operates.

Figure 9

The Class of 2014’s deciding factors in taking on their FTSE 350 role.

Particular industry in which the company operates

55% 43%

Challenges facing the company

39%

Reputation of the company

Reputation of the Board and the Chairman

34% 32%

Chemistry with the Chairman

Established relationships with the Board Member and Chairman

Diversity of the Board

Compensation

0

9% 5% 2%

10

20

30

40

Percentage that selected

50

60

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NED Induction.

Given the increasing professionalisation of the Board Director role, we were keen to understand the value placed on NED training courses. About half of the respondents had undertaken some form of NED training.

Induction.

Of the Class of 2014, 59% found their Board induction programme extremely helpful, 36% satisfactory, and 5% had no induction. This is in line with last year but an improvement in comparison to 2012.

The survey highlighted some useful pointers for both new Directors and Chairmen, as well as Company Secretaries designing induction programmes: • Meet as many stakeholders as possible. This should include Senior Executives, all Board Members, and Managers below the Executive Committee to give a balance of operational, technical, financial, and strategic insight.

• Get to understand the business from the ‘bottom up’ as well as from the ‘strategy down’. It is helpful to gain an early insight into some of the interpersonal dynamics and relationships at the Board level and within the management ranks.

• Visit company offices. Listen to customer service calls. However, take advice on how best to engage with management, neither overpowering them or being over-powered.

• Be clear on the specific goals of the induction; ensure that there is a robust plan and strong commitment and engagement from the colleagues inside the business who will be responsible for managing its execution.

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• Create a schedule and a checklist that NEDs can take ownership of completing.

Advice to those seeking their first FTSE 350 Board role.

The Class of 2014 offered their advice for aspirant NEDs. Their suggestions can be summarised as follows: 1. Executive search firms are an important channel. Don’t wait for the phone to ring. Proactively build relationships with the headhunting fraternity.

2. Network broadly. One respondent said, ‘Be clear on what you are looking for, realistic about the industries your skills can best be applied to, be patient at the same time as doggedly focused.

Don’t rely on search firms solely; often networks can create opportunities’.

3. Line up good referees and expect the referencing process to take some time.

4. In selecting the ‘right Board’, make sure that you have understood the company and are clear as to where you will bring added value.

As one respondent commented, ‘if you need the company more than they need you, then you are joining the wrong Board’.

5. Don’t be too picky about your first Board. One Board will lead to another, ‘I am not sure that I subscribe to the view that you need to be really selective about your first role.’

6. Do careful due diligence. Particularly in relation to the other personalities on the board. ‘Make sure that you are going to be able to work with the rest of the Board, particularly the Chairman and Chief Executive’.

7. Be clear as to your motivations for the role. The time commitment may appear manageable; however, you may have to give substantially more time than planned. As one respondent said, ‘My experience of two NED positions demonstrates that there can be no half measures if you are to make a full and valued contribution’.

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Interviews with Class of Members.

Paula Hay-Plumb (Aberforth Smaller Companies Trust).

Paula Hay-Plumb’s career spans more than 30 years in senior Finance roles across public and private sector organisations, with previous roles including Corporate Finance and Group Reporting Director at Marks & Spencer and CEO of English Partnerships. Unlike many of the Class of 2014 Members, Paula is an experienced NED. She has sat on the Boards of public sector and commercial organisations since 2006, and took on her first FTSE 350 role with Aberforth Smaller Companies Trust in January 2014.

Of her near decade-long career as an NED, Paula comments, ‘I have got a huge amount out of it, I think in part because I have taken the development of my NED career as seriously as I did my executive career. For me, the transition from executive roles to a portfolio career was a conscious decision, and one I worked hard at’.

It is this deliberate approach that has stood Paula in excellent stead for the building of her portfolio. She began by taking on positions at the National Australia Group Common Investment Fund and Skipton Building Society.

These were followed by appointments at the Forensic Science Service and National Audit Office—continuing a career-long tradition of bridging the public and private sectors. Aberforth is Paula’s first appointment to a FTSE 350 company. Of this evolution, Paula says, ‘My first suite of NED roles reflected opportunities at the time that built on my expertise from my executive career and both my public and private sector background. There was a natural link to each of the roles’.

Nine years as a NED has left Paula under no illusion as to the link between effort put in and level of success received, especially when it comes to finding that first Non-Executive role. ‘You have to work hard at it, the roles don’t just come and find you. Talk to people around you to highlight what you’re trying to do and be open with them. Networking is crucial’. As

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for securing that role, she cites her breadth of public and private sector experience as a valuable asset: ‘I’ve always felt that my combination of experience is my USP, and I find that organisations value the perspective it brings. That is certainly the case in my current portfolio which, along with Aberforth, includes the Crown Estate and Hyde Housing Association’.

An experienced Board Director, Paula nevertheless approached her role with Aberforth with the same diligence, focus, and pragmatism she has brought to all her roles. ‘I have many things in my background that are relevant for this appointment’, she says, ‘but I am not an Investment Trust Specialist. I am learning fast and hope I bring a perspective that complements the other skills around the Board table’.

When it comes to advice for prospective first-time FTSE 350 NEDs, Paula highlights the importance of taking the time to understand the organisation you have joined. On the due diligence process: ‘I try to do all the classic things and get as much material as I can find. I always ask for information if I can’t find it online, and I don’t engage in an interview process unless I have all the materials I need’. As well as exploring the opportunities and risks of the business, she asks all prospective Board colleagues the same question: ‘What keeps you awake at night?’

At the same time, Paula recognises the limits of due diligence when it comes to really understanding a new Board: ‘Whatever you do in advance, you only really get to appreciate the dynamics of the Board when you attend your first meeting.’ When asked what experience was most helpful at Aberforth, Paula thinks back to her time at Marks & Spencer. ‘My experience with M&S meant I understood the dynamics of a listed environment’, she recalls, ‘which was very helpful as I embarked on a thorough induction process’.

Ultimately, Paula’s advice for prospective FTSE NEDs is grounded in considering not just the dimensions of the company but also what you can bring to the Board: ‘You have to think about what you have to offer.

I thought carefully about my specialisms and areas of knowledge, and focussed my attentions on roles that matched. Then my first two NED roles came together at the same time and the rest flowed from there’.

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Advice to prospective FTSE NEDs: • Think about what experience/specialism you can bring to a Board and let that drive your decisions around which Boards you take on.

• Treat your portfolio career with as much energy and conscious decision making as your executive career.

• Make your network aware of your desire to take on NED roles and be open in your conversations.

Stephen Hubbard (Workspace Group Plc).

Stephen spent nearly 40 years with CBRE Group in various capacities, culminating in his role as Chairman of the UK which he took on in 2013.

Stephen has some previous Non-Executive experience, having been on the Board of Redevco as an Advisor since 2009. He joined his first FTSE 250 Board Workspace Group in 2014.

On his first impressions, Stephen has thoroughly enjoyed his time on the Board of Workspace and has found it rewarding and fulfilling. During his executive career with CBRE, Stephen had been approached a number of times; however, the conflicts of interests of his client-facing roles at CBRE prohibited him from taking on any external appointments. Timing and circumstances within CBRE were important factors in his ability to take on a FTSE NED role. ‘I’ve been approached on numerous occasions and I felt it was probably inappropriate for me to take anything on due to conflicts. Now that I’m Chairman of the UK business and less involved in the day-to-day advisory work, I was able to consider external approaches’.

For Stephen, the right call came at the right moment, and he has decided to use the Non-Executive platform to extend his property career after having been encouraged by previous mentors and colleagues. ‘It’s not something I would have contemplated when I was running a large business area, but I’m at a point in my career when it’s appropriate and for me very satisfying and fulfilling. It was always in the back of my mind, but the call came at the right

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time and my decision was opportunity driven’.

Workspace Group was a serendipitous opportunity, as it came at the right timing in Stephen’s career and was an area of interest to him that played to his strengths. ‘What attracted me was that I spent most of my commercial life dealing with central London property and their portfolio almost exclusively focused on central London. Their business model was of interest to me, and I felt I could contribute. I felt I had something to give, and I’m also quite passionate about marketing which is a key part of that business’.

As most NED appointees, the publicly available information played a key role in Stephen’s due diligence. In his particular case, the confidentiality of the appointment meant that he felt it was inappropriate to talk about it to the external world at the time outside of him clearing it through compliance at CBRE. But for Stephen, the materials available on the company were sufficient for him to get a good understanding of the Board.

Throughout his career, Stephen has been familiar with how Boards operate from a client perspective, so coming into Workspace as a Non-Executive was difficult. He has observed some interesting differentiators and characteristics that an FTSE Board has enabled him to observe, ‘It gets very different when you get into remuneration activities and issues, for example.

That has been an eye opener in relation to the power of the shareholders and the individual shareholders. Understanding the significance of having certain shareholders on your share register is important to have’.

Advice to prospective FTSE NEDs: • Ensure the timing is right for you in terms of time commitment and having the right experience to make a contribution.

• Conduct a detailed analysis on each of these before embarking on the role.

• Once you become more practiced in the environment, further opportunities will arise, but only take on the roles to which you can make a quality contribution.

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Rakhi Parekh (Rightmove Plc).

Rakhi spent over 10 years in executive roles with Amazon, most recently having had responsibility for the UK Media businesses. Since stepping down, Rakhi has been focusing on a joint project with her husband, their vineyard and winery, as well as being appointed to her first FTSE Board, Rightmove Plc. Not only is this Rakhi’s first FTSE appointment, it is also her first NonExecutive appointment making her perspective unique.

For Rakhi, taking on her first NED role was linked to decisions around another more personal business opportunity. “I took the decision to step down from Amazon and focus on the vineyard and winery as I wanted to be involved at the early stage of strategic decision making, and it was hard to be involved in a meaningful way whilst still in my executive role. But, I didn’t want to lose that connection to the business world and to stop using my expertise and experience from Amazon, so I started talking to people about Non-Executive roles.”

Joining a Board has allowed Rakhi to maintain flexibility and work diversity, and at the same time providing her with an intellectual challenge while she focuses on developing her business venture. “It forces you to stay current and to think about different business problems and what’s happening in the market. You’re networked and talking to individuals who are sitting on Boards of other companies, which can challenge you in a different way.”

When deciding on the type of company she would consider, Rakhi’s expectations evolved as she went through the process and were much broader than the listed versus private company consideration. “My ideal when I set out was to have one Plc and one private NED role. And I still think that is a nice mix, but having gone through the process, I realised that there are so many factors that are important: Is it an interesting company/sector?

What’s the Chairman like? What’s the CEO like? What’s the impact you can have on that business? Where do I bring something unique to the Board?

Those factors are much more important to me now than whether it’s private or public.”

One of the main reasons Rakhi was attracted to Rightmove as a company, was the customer element and the changing competitive environment. “I know the company, I’m a customer, I like the product and they were at an

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interesting point of increased competitor activity. I’m used to thinking about competitors, and customers, and I liked the speed and pace Rightmove operates at.” But at the heart of that came other considerations she highlights as crucial to her decisions about Rightmove. “I liked the Chairman, the CEO, the dynamics of the Board which were focused on what is best for the business, and I felt that I brought a unique perspective to the table”.

The Rightmove appointment has also had another positive impact for Rakhi.

“Once you get your first NED role, that opens doors. It makes me feel more confident about waiting for the right opportunities. Everyone says getting your first Board role is the hardest, so I wasn’t sure how much compromising I was going to have to do at the start of the process”.

Although Rakhi is not sure whether she will go back to an executive career, the transition for her has been a good learning experience. “It’s not like getting another job, it’s a totally different shift in the way you work, what’s expected of you and how much you put it. But I’ve met a lot of people that have four to five NED roles and that’s just like a full time job again”.

Rakhi believes she was lucky in terms of the timing of the Rightmove opportunity as she brings something to the Board that is in demand. Her advice to first time NEDs is to focus on what you bring to the Board that is different. “I think to get your first FTSE, you need an angle to what you bring to the Board that’s different to all the experienced NEDs out there. It might just be a fresh perspective, it could be industry experience or a functional expertise. Digital is important right now and helped me get initial interest.

While digital can mean a lot of different things, many companies are looking for people that can think about the challenges that come with moving online”.

Having completed her first few Board meetings, Rakhi comments on the learning process of being a FTSE 250 Board Member. “It all starts clicking in place after the initial induction, you can go back and have follow-up meetings to understand specific areas in more detail. It is self-directed to some extent, as you need to make yourself comfortable that you have a good grasp of the business and issues, and do what it takes to achieve that”.

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Advice to prospective FTSE NEDs: • Deciding on which Board to target/join is not just about whether it’s listed or private. Other factors to consider are: challenges facing the sector, position within the market, opportunities of the sector, nature of the Chairman and CEO, what do you bring to the Board.

• The first appointment is the most crucial one as it provides a level of confidence in your subsequent decisions.

• Identify what you can bring to the Board that is different.

Cathryn Riley (International Personal Finance).

Cathryn Riley retired from Aviva Plc in October 2013 after 17 years with the company. Latterly she served as Group Chief Operations Officer, responsible for IT, Business Change and Operational Shared Services across the organisation. In 2009, whilst at Aviva, she secured her first nonexecutive directorship with Equitable Life and since retiring from executive life, she has joined her first FTSE board with International Personal Finance Plc as well as the board of ACE European Group.

Cathryn found the transition to a portfolio career relatively easy and made the active choice to pursue a non-exec career with clear reasons behind the shift. “I wanted to pursue the portfolio option as I wanted both more control in my life and wanted to pursue a range of other things. A portfolio career has enabled me to do that.”

Her first external appointment to the board of Equitable Life Assurance came in 2009 whilst she was still in her executive role with Aviva. Having been on the board of Equitable for over five years, Cathryn had gained an insight into the nature of a non-executive role and what it entails which helped facilitate her transition into the listed environment. On the differences between the listed and non-listed, Cathryn describes the biggest differences in the technicalities. “It’s more about the technicalities than the day-today issues. The role and responsibilities are no different and the themes/

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topics discussed are similar, but with listed entities there are more rules and regulations. As a board director, you are much more conscious of external shareholders, analysts and ratings agencies as well as the regulators. The external scrutiny is much more at the forefront.”

Cathryn chose to join the IPF board in 2014 for a variety of reasons. “I hit it off with the Chairman and the Chief Executive. I know they are not going to be there forever but they are fundamental. It also made a difference to meet fellow NEDs. In addition, IPF ticked the important boxes – it was an international, listed company going through transformation. I felt I could add value on the digital, operations and governance side. It was non-insurance but still in financial services so close enough that I could contribute. In short there were a number of things which fitted the bill and the personalities on the board made a big difference. I have thoroughly enjoyed working with the Chairman, Chief Executive, other NEDs and management team – they’re a terrific group.”

Cathryn was keen to secure a FTSE directorship, as she already had a mutual and wanted diversity in her portfolio. She wanted to have that ‘edge’ that comes from external pressures and was keen to utilise the experience she had gained in a commercial plc environment.

As part of her due diligence, Cathryn met the Chairman, CEO and a couple of key individuals which was important in her decision making process. “I also talked to the auditors, spent time looking at previous accounts, investor presentations and all publicly available information. And then of course the headhunters and getting some insights in terms of the board.”

On offering advice to prospective first time as well as first time FTSE NEDs, Cathryn highlights some of the practical things to consider. “Put a really good CV together which highlights your non-executive experience and draws out your relevant strengths.” In addition her advice would be to “use your personal network to promote yourself with head-hunters, chairmen and non-executive directors. Have clear references and think carefully about who is going to be a supporter. Ensure you have the right people around you as sounding boards to challenge and give advice.” She herself was fortunate enough to have undergone a robust NED training programme which provided her with mentors that were able to share their insight. “I was lucky I went through a robust training programme and I had as part

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of that some very senior chairmen as mentors. The value of that was that they could talk to you about the behaviours, ethics, culture and give you the benefit of their wisdom of what they would be looking for at different stages. It’s about striking the right balance between contributing, listening and learning. Having people around you who have been there and done it is really valuable.”

Cathryn strongly believes that you should be as clear as possible about what interests you. “The temptation is to jump at the first thing but you are in it for the long term and need to be clear about what you want to do and why. I would also encourage budding NEDs to read various publications; one is never too old to learn and it is helpful to have different views and perspectives.”

For chairmen who are keen to attract the best NED talent, Cathryn would give the following advice: “I would encourage them to widen the net as much as possible and to keep an open mind rather than considering the obvious people they know in their current circles.” This is particularly true for women “Notoriously women don’t promote themselves quite as well as men have in the past. There is a lot of hidden talent under the radar and it is easy to overlook that talent because we have a natural tendency to go to those we trust.”

Advice to prospective FTSE NEDs: • Work your network, let them know your ambitions of joining a board and use them as a sounding board to constructively challenge you.

• Put together a CV aimed at highlighting your non-executive capabilities and strengths.

• Be clear about what your interests are and don’t jump at the first thing that comes along. It’s a long term game and you being clear about why is important.

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Rebecca Worthington (Hansteen Holdings Plc).

Rebecca is a seasoned Finance Director, having spent more than 10 years in various roles with the FTSE-listed Quintain Estates & Development. She sat on the Executive Board from 2001 and left in 2012 to set up her own business, Lodestone Capital. Her first Board role came in the form of Aga Rangemaster, the FTSE small-cap manufacturer, in 2013, and she then subsequently secured her first FTSE 250 appointment through Hansteen Holdings in 2014. As a former Finance Director of a listed entity, Rebecca brings the perspective of financial experience on a Board as well as the view of someone juggling a full-time role alongside her appointments.

On managing the time commitment of her current portfolio, Rebecca has consciously evaluated the time she can dedicate to all her roles. ‘I decided the maximum number of NED roles I can take on whilst I have a day job is two. The worst thing you can do is take on too much and not do it well.

The reason I’m able to take on two is because I run my own business and therefore can partly be the master of my own destiny. I think you have to be very careful about extending beyond one if you are in an executive role.

The pressure on time with family is there, and I have been approached on a couple of interesting Non-Executive roles and have had to say no as I just can’t see any scope to do them properly’.

Rebecca’s background has been helpful in her transition to a NED role with a FTSE 250 company. She spent a number of years as an Executive Director on the Board of Quintain Estates, observing the behaviours and approaches of other Board Members, and has drawn on this experience. ‘Through my time, I’ve seen three Chairmen and a number of NEDs coming and going. I have had a view on what both good and bad looked like. And whilst I knew that I’m far from perfect, I made the point to mould myself as far as I could on the habits of the people I thought made good NEDs’.

She didn’t find the transition to the Board of Hansteen Holdings as a NED particularly challenging, partly because she has operated in a similar structure at Quintain with a Founder/CEO. She has empathy toward the ways of the working and the dynamics of the Boardroom; however, despite all this experience, Rebecca consciously educates herself on issues that come up and is prepared. ‘Being on top of your subject and having properly read the Board papers are some of those “good” behaviours I tried to replicate. If you haven’t understood something, try covering it ahead of the Board meetings. That’s not always possible, but I think it’s important to identify where you need support’.

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On her reasons for joining a FTSE 250 Board, Rebecca was keen to stay connected to the listed environment and contribute with her experience from this type of structure. ‘The reason I chose Hansteen was partly when I stepped down from a public listed company, it was quite appealing to be back in the real estate plc world, even if on a part-time basis’. There were other reasons this particular Board also appealed to her: ‘It was the management team, dynamic and entrepreneurial, high-calibre NEDs. A good team of Executives and Non-Executives. That was critical in deciding who you want to spend time with’.

At the same time, she recognises the different motivations for joining a particular company. ‘It all depends on what you’re looking for. If you’re looking for a crisp, clean CV—go and do a safe FTSE 100. The thing that gets me more excited is having genuine issues to solve—that’s what I enjoy’.

Rebecca has also pointed out the continuous education process after joining the Board, and her recommendation is to seek advice and training of the Big Four and at the same time being mindful of the time commitment this entails. “I have always used consultants to educate myself. A lot of the Big Four offer training. It’s really important to ask for what you want, but it does require time commitment’.

Advice to others seeking a FTSE 350 appointment: • Balance choosing a Board on the basis of your skills and abilities, and with whom you want to work.

• Make sure you are clear about the time you have to dedicate to the Board role. If you are in an executive role, be careful about extending it beyond one.

• If you can’t get comfortable around the accounts, don’t go for it.

• Balance being proactive and patient. It took me the best part of two years to get my NED roles.

• My advice to Chairmen would be to push headhunters wider.

Not every appointment has to be safe. Occasionally it would be better to take a risk and have a wider diversity.

• Try and find a way to be front of people’s minds. That’s more difficult when you have a day job, but relentless proactivity and self-promotion pays off.

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Biographies of The Class of 2014.

AEROSPACE & DEFENCE

DR ALISON GOLIGHER OBE - MEGGITT PLC Currently Executive Vice President for the Upstream International Unconventionals at Shell International Exploration and Production, a role she took on in 2013. Previously she worked in a number of roles for Shell International Exploration and Production between 2006 and 2012, including Regional Vice President of Production in Asia and Vice President of Technical in the Middle East and Corporate Support in Europe. Prior to that she worked in various positions at Schlumberger between 1998 and 2006, including Vice President of Production and Head of Technology at Schlumberger Wireline Services.

SUSAN SEARLE - QINETIQ GROUP PLC Currently sits on the Boards of Benchmark Holdings and DeltaDOT Technologies and is an International Advisory Board Member at PTT Global. Previously she was Chief Executive Officer of Imperial Innovations from 1999 to 2013. Early career at Signet Group and Bank of Nova Scotia.

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BANKS

DR PHILIP AUGAR - TSB BANKING GROUP PLC Currently Public Interest Committee Member for KPMG, a role he took on in 2014, and since 2000 the Owner of Philip Augar and Associates.

Previously Advisor to the Home Secretary between 2010 and 2014, and was also a Member of the Cabinet Office. Since 2000 he has been involved in consulting, writing, and public speaking with Philip Augar Associates. Prior to that he was Group Managing Director of Securities at Schroders Securities from 1995 to 2000 and Senior Managing Director of Natwest between 1989 and 1995. Early career with Wood Mackenzie.

MARK FISHER - TSB BANKING GROUP PLC Most recently Director of Operations at Lloyds Banking Group between 2009 and 2014. Previously CEO of ABN AMRO between 2007 and 2008. Prior to that he was Division CEO of Manufacturing at Royal Bank of Scotland and then Director from 2006 to 2008. Before that he worked for nearly 20 years for National Westminster in various positions, including Chief Operating Officer and Finance Director.

MORTEN FRIIS - ROYAL BANK OF SCOTLAND GROUP PLC Most recently Chief Risk Officer for Royal Bank of Canada between 2009 and 2014. Previously he was Executive Vice President and Chief Risk Officer from 2005 to 2009. Prior to that he held a number of positions between 1977 and 1997 at Royal Bank of Canada, including Senior Vice President with responsibility for Credit and Counterparty Risk Issues.

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BANKS

SIMON HENRY - LLOYDS BANKING GROUP PLC Currently Chief Financial Officer of Royal Dutch Shell, a role he took on in 2009. He has worked for Royal Dutch Shell for more than 30 years in various positions, including Division Executive Vice President of Finance between 2004 and 2009 and Head of Investor Relations from 2001 to 2004. Qualified Management Accountant.

DYFRIG JOHN CBE - LLOYDS BANKING GROUP PLC Chairman of Principality Building Society from 2010 to 2014. Previously he held various senior roles at HSBC Bank, having worked there for more than 35 years between 1971 and 2009, latterly serving as Chief Executive Officer, Chief Operating Officer, and Chairman. He has also sat on the Board of Marks & Spencer Financial Services and was Chief Executive Officer of HSBC in India between 1997 and 1999.

NAGUIB KHERAJ - STANDARD CHARTERED BANK PLC Most recently Vice Chairman of Barclays Bank between 2011 and 2013.

Previously he was Chief Executive Officer of Lazard International and Chief Executive Officer of JP Morgan Cazenove. Was also Senior Advisor to the Financial Services Authority. He has sat on the Boards of NHS England, Absa Bank, and Barclays Africa. He worked for Barclays from 1997 to 2007 in various positions, including Group Finance Director and Division Chief Executive Officer of Barclays Private Clients.

Early career with Salomon Brothers.

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BANKS

DR HEIDI MILLER - HSBC HOLDINGS PLC Currently sits on the Boards of First Data, a role she took on in 2014, and General Mills, a role she took on in 1999. Previously sat on the Board of Progressive Corporation. Prior to that she worked for JP Morgan Chase as Chief Executive Officer of Treasury and Security Services and then President of the International Division. Before that she was Chief Finance Officer of Bank One and Vice Chairman of Marsh & McLennan. She was also Chief Finance Officer of both Priceline and Citigroup. Early career with Travelers Group.

ALEXANDRA PRITCHARD - TSB BANKING GROUP PLC Currently sits on the Boards of Findel, MBNA, and Gradient Finance.

Previously sat on the Boards of Permanent TSB Group, Skipton Building Society, and Financial Services Compensation Scheme. Prior to that she was Senior Partner at PricewaterhouseCoopers and Partner at KPMG, both within the Financial Services division. In between these two roles, she was also Advisor in Risk Management at AON between 2002 and 2004. Before that she was Head of Treasury at Anglo American from 1983 to 1986. Early career with Stokes Kennedy Crowley. Chartered Accountant.

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BANKS

STEPHEN THIEKE - BARCLAYS PLC Formerly Senior Advisor at Promontory Financial Group and Independent Director at PNC Financial Services Group. Was also Chairman at Riskmetrics Group from 1998 to 2010 and served on the Board of the Financial Services Authority. As an executive he spent many years at JP Morgan, latterly serving as Chairman of JP Morgan Securities and Head of the Fixed Income Division. Early career at the Federal Reserve Bank of New York, where he rose to become Head of the New York Credit and Capital Markets Group.

POLLY WILLIAMS - TSB BANKING GROUP PLC Currently Chairman of the National Counties Building Society and sits on the Boards of Daiwa Capital Markets Europe and Scotiabank Ireland.

She has had an extensive non-executive career, having sat on the Boards of Advanced Payment Solutions, Worldspread Group, Espirto Santo Investment Bank, Z Group, and Legend Communications. She spent more than 15 years with KPMG, becoming Partner in 1997, and leaving in 2003. Chartered Accountant.

BEVERAGES

SILVIA DIAS LAGNADO - BRITVIC PLC Currently Senior Director of Sapient, a role she took on in 2013.

Previously she was Chief Marketing Officer of Bacardi and President of Bacardi Global Brands between 2010 and 2012. Prior to that she worked for Unilever from 1986 to 2010 in various positions, including Global Executive Vice President of the Savoury Category, Global Senior Vice President of Dove, Vice President of Deodorants Division in Latin America, and Marketing Manager for Oral Care.

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BEVERAGES

IAN MCHOUL - BRITVIC PLC Chief Financial Officer of Amec Foster Wheeler (formerly Amec) since 2008. Previously served on the Board of Premier Foods between 2004 and 2012. Formerly Group Finance Director of Scottish & Newcastle between 2001 and 2008. Early career with KPMG. Chartered Accountant.

NICOLA MENDELSOHN - DIAGEO PLC Currently Regional Vice President of Europe, Middle East, and Africa for Facebook, a role she took on in 2013. Previously she was Chairman of Karmarama Communications between 2008 and 2013. Prior to that she was President and Vice President for Europe of the Institute of Practitioners in Advertising from 2011 to 2013. Before that she worked in various positions, including Deputy Chairman for Grey London between 2004 and 2007. Early career at Bartle Bogle Hegarty.

ALAN STEWART - DIAGEO PLC Currently Chief Financial Officer of Tesco, a role he took on in 2014.

Previously he was Chief Financial Officer of both Marks & Spencer and AWAS Aviation Capital. Prior to that he was Group Finance Director of WH Smith between 2005 and 2008 and Chief Executive Officer of Thomas Cook UK from 2001 to 2003. Has sat on the Board of Games Workshop. Early career at HSBC Investment Bank. Chartered Accountant.

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BUSINESS SERVICES

MAARIT AARNI-SIRVIO - BERENDSEN PLC Currently Managing Director of Borealis and Senior Director of Eera Oy, and sits on the Board of Wartsila. Previously sat on the Board of Rautaruukki between 2004 and 2012 and was Chairman of Det Norske Myntverket and Oy Nordic Moneta from 2008 to 2010. Before that she held a number of Board positions at Ponsse, Epec, Vattenfall Europe, Noretyl, and North Sea Petrochemicals. Between 2008 and 2010 she was the President and Chief Executive Officer of Mint of Finland. Early career at Neste Oy.

JEFF RANDALL - BABCOCK INTERNATIONAL GROUP PLC Most recently Broadcaster and Presenter for Sky News between 2007 and 2014. Alongside that he was also Editor and Premier Commentator for the Daily Telegraph. Previously he was First Business Editor for the British Broadcasting Corporation from 2001 and 2005 as well as working in various positions for ITV. Prior to that he was Editor for the Sunday Business Newspaper and Sunday Times. He was Deputy Chairman of FTI Consulting between 1995 and 1996 and has also worked at the Sunday Telegraph, Barron’s Business, and Financial Weekly. Early career at Hawkins Publishers.

JULIE SOUTHERN - RENTOKIL INITIAL PLC Currently sits on the Board of NXP Semiconductors, a role she took on in 2013. Previously she held a number of roles at Virgin Atlantic Airways from 2000 to 2013, including Chief Commercial Officer, Chief Financial Officer, and Executive Director of Finance. Early career at PricewaterhouseCoopers. Chartered Accountant.

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CHEMICALS

BRENDAN CONNOLLY - SYNTHOMER PLC Currently sits on the Boards of Cape, Fit for Life International, and Sparrows Offshore Group. Previously he was Regional President for Caspian, Middle East, FSU, and Russia for Industry Services Business at Intertek Group. Prior to that he was acting Chief Executive Officer and also sat on the Board of Cape. Before that he was Chief Executive Officer of Moody International between 2006 and 2011. He also worked in various positions for Atos Origin UK, including Chief Executive Officer. Early career at Schlumberger.

HELENA GANCZAKOWSKI - CRODA INTERNATIONAL PLC Founder of HLG Consulting and sits on the Board of Ecover, a role she took on in 2013. Previously she worked for Unilever for more than 15 years in various positions, including Head of Global Agencies, Global Brand Leader of Flora/Becel, UK Marketing Director, and Senior Corporate Strategist. Prior to that she was Manager of UK and European Brand and Marketing at Lever Brothers between 1988 and 1995.

STEPHEN GOOD - ELEMENTIS PLC Most recently Chief Executive Officer of Low & Bonar, with whom he worked for 10 years. He held various other positions, including Managing Director of Technical Textiles and Division Director of New Business and Plastics. Prior to joining Low & Bonar, he spent 10 years with Clariant International in a variety of leadership positions managing international speciality chemical businesses. Early career with KPMG. Chartered Accountant.

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CLOTHING, LEISURE, & PERSONAL PRODUCTS

JASPAL BINDRA - RECKITT BENCKISER GROUP PLC Currently Group Executive Director of Standard Chartered and Regional Chief Executive Officer of South and South East Asia. He started working for Standard Chartered in 1998 and held various positions, including Global Head of Client Relationships in Wholesale Banking, and he was a Member of the Executive Committee. Prior to that he was Regional Head of Business Development in India for UBS between 1994 and 1998, after spending 10 years at Bank of America in various positions, including Regional Head of Finance Institutions in India. Chartered Accountant.

GIANLUCA BROZZETTI - JIMMY CHOO PLC Currently Partner of JAB Holding, a role he took on in 2014, and Chief Financial Officer of JAB Luxury, a role he took on in 2010. He has 20 years of experience in the luxury consumer industry. Previously Chief Financial Officer of Bally between 2005 and 2010, and prior to that Chief Financial Officer of IT Holdings. He was Corporate Finance Director of Diners Club Europe from 1999 to 2003. Before this he was Treasurer and Corporate Finance Director of IT Holding.

OLIVIER GOUDET - JIMMY CHOO PLC Currently Partner at JAB Holding and Chairman of Peet’s Coffee & Tea, a role he took on in 2013. He also sits on the Boards of Coty, D E Master Blenders, and Anheuser-Busch Inbev. He is also Advisor to the Board of Mars. Previously Executive Vice President and Chief Financial Officer of Mars between 2004 and 2012, during which time he oversaw the acquisition of Wrigley and an increase in net revenue. Prior to that he held various positions at Mars from 1990 to 2004.

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CLOTHING, LEISURE, & PERSONAL PRODUCTS

DAVID POULTER - JIMMY CHOO PLC Currently sits on the Boards of Dwp Consulting, a role he took on in 2013, and Latchmore Place, a role he took on in 2006. Previously Senior Vice President of Finance at Reckitt Benckiser from 2009 to December 2012. He was also the Head of Internal Audit and the Finance Director for Developing Markets. Early career with Coopers & Lybrand.

Chartered Accountant.

SUE SHIM - RECKITT BENCKISER GROUP PLC Currently Executive Vice President and Chief Marketing Officer of Samsung Electronics, a role she took on in 2010. She had been Vice President of Brand Strategy prior to this. Prior to that she was Global Marketing Director of the Beauty Care Global Business Unit at Procter & Gamble. She was also Division Director of Marketing for Procter & Gamble across Northeast Asia and Korea.

CAROLINE SILVER - PZ CUSSONS PLC Currently Managing Director of Moelis & Company, a role she took on in 2009. She has more than 25 years of experience in the investment banking industry, having previously worked in various positions for Merrill Lynch & Company, including Vice Chairman of EMEA Investment Banking. Prior to that she worked in various positions for Morgan Stanley between 1994 and 2008, including Global Vice Chairman of Investment Banking. Held various roles in Corporate Finance at Deutsche Morgan Grenfell. Early career at PricewaterhouseCoopers.

Public Accountant.

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CLOTHING, LEISURE, & PERSONAL PRODUCTS

ROBERT SINGER - JIMMY CHOO PLC Currently sits on the Boards of Coty, Mead Johnson Nutrition, Tiffany, and Gianni Versace, and is Executive Advisor at CCMP Capital Advisors. Previously sat on the Board of Benetton Group and was Chief Executive Officer of Barilla Holdings. Prior to that he was President and Chief Operating Officer of Abercrombie and Fitch between 2004 and 2005. He was Partner, and then Executive Vice President and Chief Financial Officer, of Gucci Group from 1994 to 2004. Before that he was Audit Partner at Coopers & Lybrand.

DOUGLAS TOUGH - RECKITT BENCKISER GROUP PLC Currently on the Board of Molson Coors Brewing, a role he took on in 2012. Previously Chairman of International Flavors & Fragrances in 2014, having served as Chief Executive from 2010 to 2014. Prior to this he was Chief Executive Officer and Managing Director of Ansell from 2004 to 2010. Before that he spent 15 years at Cadbury Schweppes in various positions, including President of Cadbury Beverages International. He was also the Chief Executive Officer of Dr Pepper/ Seven Up. Early career at Procter & Gamble.

CONSTRUCTION & BUILDING MATERIALS

KIRSTY BASHFORTH - KIER GROUP PLC Currently Group Head of Organisational Effectiveness for BP, a role she took on in 2011. Previously worked in a number of positions at BP, including European Head of Sales, Marketing & Logistics for BP’s Petrochemicals business, Strategy & Marketing Director for its global b2b marketing businesses, and Chief of Staff to the Chief Executive Officer of Refining & Marketing.

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CONSTRUCTION & BUILDING MATERIALS

DIANA BRIGHTMORE-ARMOUR - BERKELEY GROUP HOLDINGS PLC Currently Regional Chief Executive of Australia and New Zealand Bank, a role she took on in 2013. Served as a NED of the UK Department for Communities and Local Government between 2011 and 2013. She was Division Chief Executive for Corporate Banking at Lloyds Banking Group from 2007 to 2012 and Managing Director of Corporate Banking between 2004 and 2006. Worked at MCI Group UK as Corporate Development Officer and was also Chief Executive Officer and Chief Financial Officer at Oneswoop.com. Early career at Coca-Cola Beverages. Chartered Accountant.

DR CHRISTINE BROWNE - BOVIS HOMES GROUP PLC Currently Chief Operating Officer of Aviation across the Mainstream Sector at Tui Travel, a role she took on in 2014. Previously she was Managing Director of Thomson Airways between 2007 and 2014.

Previously worked in various positions at First Choice Airways from 1999 to 2007, including Managing Director of the Travel Choice Division. Before that she worked in various positions at Carlson Worldchoice and Iberia Líneas Aéreas de España.

JOHN DALY - WOLSELEY PLC Currently Director of Reynolds American, a role he took on in 2010.

Previously he worked for British American Tobacco for 10 years in a number of roles, including Regional Director of Asia Pacific, Regional Director of Middle East and North Africa, Chief Operating Officer, and Executive Director. During this time he also served as Representative Director for ITC between 2005 and 2009. Prior to that he was Regional Managing Director for Japan and Korea for Rothmans International and Director of Strategy and Planning for Rothmans Europe. Early career at Bristol-Myers Squibb Pharmaceuticals.

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CONSTRUCTION & BUILDING MATERIALS

THERESE MILLER - GALLIFORD TRY PLC Most recently General Council for the London Organising Committee of the Olympic Games and Paralympic Games, directly responsible for all legal aspects of the planning and delivery of the Games in 2012.

Previously worked at Goldman Sachs from 1989 to 2006, latterly serving as General Council.

STEPHANIE NEWBY - AMEC FOSTER WHEELER PLC Currently Chief Executive Officer of Crimson Hexagon, a role she took on in 2012. Previously she was Managing Director of Golden Seeds, which she founded in 2004. Prior to that she was President of Morganae Foundation, which she also founded in 2001. She was President of Alsel between 2001 and 2003 and has also sat on the Board of Riskmetrics Group. Early career with JP Morgan.

ELIZABETH PEACE CBE - REDROW PLC Currently Chief Executive Officer of the British Property Federation, a role she took on in 2002, and sits on the Board of Morgan Sindall Group, a role she took on in 2012. Previously she was the Director of Corporate Affairs for QinetiQ Group between 1990 and 2002. Prior to that she worked as Assistant Director in a number of departments, including Army Secretariat and Defence Lands, at the UK Ministry of Defence from 1974 to 1990.

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CONSTRUCTION & BUILDING MATERIALS

CERI POWELL - CARILLION PLC Currently Executive Vice President and Global Head of Exploration for Royal Dutch Shell Group, a role she took on in 2013. Previously she was Executive Vice President of Exploration for Shell Upstream International between 2009 and 2013. Prior to that she worked in a number of positions for Royal Dutch Shell Group from 1989 to 2009, including Vice President of Strategy, Regional Vice President of Exploration in the Middle East, Caspian, and South Asia, and Head of Division for Upstream Competitive Intelligence.

PETER REDFERN - TRAVIS PERKINS PLC Currently Group Chief Executive Officer of Taylor Wimpey, a role he took on 2007, and sits on the Board of the Home Builders Federation, a role he took on in 2012. Previously he worked for George Wimpey between 2001 and 2007 in various positions, including Financial Director and Managing Director. Prior to that he was Financial Director of Rugby Cement. Early career with KPMG.

JOHN ROGERS - TRAVIS PERKINS PLC Currently Chief Financial Officer of Sainsbury’s and sits on the Board of Sainsbury’s Bank; he took on both roles in 2010. Previously he was Property Director and Member of the Operating Board for Sainsbury’s between 2008 and 2010. He was also Director of Finance and Corporate Finance from 2005 to 2008. Prior to that he was Group Finance Director for Hanover Acceptances and Manager at Moniter, which saw him lead a number of major acquisitions in both roles.

Before that he worked for five years between 1991 and 1996 at Arthur Andersen. Early career with Omron and British Aerospace Dynamics.

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CONSTRUCTION & BUILDING MATERIALS

HENK ROTTINGHUIS - CRH PLC Currently Chairman of Stork Technical Services Group, a role he took on in 2012, and Blokker Holdings. He was previously on the Board of Royal Bank of Scotland NV and held a number of positions at PON Holdings between 1999 and 2010, including Chairman, Chief Executive Officer, Chief Financial Officer, and Managing Director. Prior to that he served on the Board of Stichting CHIO Rotterdam from 1989 to 1994 and as Director of European Road Transport Division at Royal Nedlloyd between 1982 and 1993.

JACKY SIMMONDS - WOLSELEY PLC Currently Group Director of Human Resources for Tui Travel, a role she took on in 2010. Previously worked for Tui UK & Ireland as the Human Resources Director for UK and Ireland between 2007 and 2009. Prior to that she was Human Resources Manager for First Choice Holidays from 2000 to 2007 and Head of Human Resources at National Magazine between 1994 and 2000.

NANCY TUOR - KELLER GROUP PLC Currently sits on the Board of Global Food Exchange, a role she took on in 2013. She previously worked at CH2M Hill for 32 years between 1980 and 2012 in various positions, including Chief Executive Officer and Group President. Her other roles included Head of Federal Client Group and Regional Manager of the South Atlantic Region. During her tenure she was also Chief Operating Officer at Kaiser Hill from 2001 to 2004.

THE CLASS OF 2014

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CONSUMER SERVICES

LAUREL BOWDEN - JUST EAT PLC Currently Partner at 83North, a role she took on in 2008, and sits on the Boards of Investec and Notonthehighstreet Enterprises. Previously Partner at Jerusalem Venture Partners between 2000 and 2007. Prior to that she worked in various positions for GE Capital Europe from 1997 to 2000, including Director of Business Development and Director of eFund. Before that she was Senior Consultant at Gemini Consulting.

She has sat on the Boards of Hybris, Oblicore, and Touch Clarity. Early career with Shell Oil Refinery.

ANDREW GRIFFITH - JUST EAT PLC Currently Chief Financial Officer and MD Commercial Businesses at Sky, a role he took on in 2008, and sits on the Board of Sky Deutschland, a role he took on in 2014. Previously worked in various positions at Sky since 1999, including Director of Group Finance, Mergers and Acquisitions, and Investor Relations. Prior to that he was Corporate Finance Advisor at NM Rothschild & Company between 1996 and 1999, and Senior Auditor at Coopers & Lybrand from 1992 to 1996. Chartered Accountant.

BENJAMIN HOLMES - JUST EAT PLC Currently Partner of Index Ventures and sits on the Boards of Astley Clarke, Index Venture Management, Notonthehighstreet Enterprises, and Secret Escapes. Prior to Index, he worked at EO Plc, a financial services startup, and with NewMedia Spark as an Investment Manager.

He started his career as a consultant at OC&C Strategy Consultants advising clients in retail, media, and private equity sectors.

50

CONSUMER SERVICES

HENRI MOISSINAC - JUST EAT PLC Currently Director of Mobile Business Development across Europe, Middle East, and Africa for Uber.com, a role he took on in 2014.

Previously Director of Mobile Partnerships for Facebook between 2008 and 2014 as well as DropBox. Prior to that he was Director of Product Strategy for Ebay from 2005 to 2008, and Investment Director at Atlas Venture from 2002 to 2004. Before this he was Chief Technology Officer of Ibazar and Vice President of Product and Technology at France Telecom. Early career with Arthur D. Little.

CONTAINERS & PACKAGING

DR LYNN DRUMMOND - RPC GROUP PLC Currently Chairwoman of Venture Life and sits on the Boards of Allocate Software, Infirst Healthcare, and Shield Holdings. Previously she sat on the Boards of Alimentary Health and Consort Medical. Prior to that she worked for Rothschild & Sons between 1994 and 2010, most recently as Managing Director within the Investment Banking Division, with a particular focus on transactions in the healthcare sector. Early career as Private Secretary to the Chief Scientific Advisor in the Cabinet Office.

IAN GRIFFITHS - DS SMITH PLC Currently Group Finance Director at ITV, a role he took on in 2008.

Previously held a number of roles at EMAP between 1994 and 2008, including Group Financial Director, Director of Financial Control Division, Group Head of Finance, and Manager of Group Performance.

Early career at Ernst & Young in Audit and Corporate Finance Departments from 1988 to 1994. Chartered Accountant.

THE CLASS OF 2014

51

CONTAINERS & PACKAGING

LOUISE SMALLEY - DS SMITH PLC Currently Group Human Resources Director of Whitbread, a role she took on in 2012. Previously she was Human Resources Director for Whitbread and Whitbread Restaurants between 2003 and 2012. Prior to that she worked as Human Resources Director at both the Pelican Group and Beefeater between 1999 and 2003 and as Manager of Human Resource Projects at Pizza Hut in the UK from 1995 to 1999.

PROF DR GODWIN WONG - RPC GROUP PLC Currently Visiting Associate Professor at Haas School of Business, University of California, Berkeley and Mannheim Business School, Germany. Previously served as NED for both UCBH Holdings and Infosmart Group. Prior to that he worked in a number of roles at University of California, Berkeley, including Institutional Research and Programming Planning and Special Assistant to the Vice Chancellor.

Early career as Senior Research Analyst at University of Georgia.

ELECTRONIC & ELECTRICAL EQUIPMENT

LISA DAVIS - SPECTRIS PLC Currently Executive Vice President of Strategy, Portfolio, and Alternate Energy for Shell International Petroleum, a role she took on in 2012.

Previously she was President of Shell Oil’s Lubricants and Bulk Fuels businesses in the Americas between 2008 and 2012, and Vice President of Supply in Europe. Before that she was Vice President of Strategy, Portfolio, and Planning as well as Vice President of Operations and Maintenance for Shell Oil. Early career at Chevron and Exxon Company.

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ELECTRONIC & ELECTRICAL EQUIPMENT

SIR RICHARD FRIEND - OXFORD INSTRUMENTS PLC Currently Cavendish Professor of Physics at the University of Cambridge and Tan Chin Tuan Centennial Professor at the National University of Singapore. Previously he sat on the Board of Cambridge Enterprise between 2006 and 2012. Prior to that he was Chief Scientist of Plastic Logic from 2000 to 2004, which he co-founded. Before that he was Chief Scientist of Cambridge Display Technology between 1992 and 2000, which he also co-founded.

SUCHETA GOVIL - DOMINO PRINTING SCIENCES PLC Currently Chief Marketing Officer at Koninklijke DSM, a role she has held since 2015. Also serves on the Board of Akzo Nobel India as Alternate Director. Previously served as Global Head of Marketing for Decorative Paints at Akzo Nobel between 2011 and 2014. Prior to this she was Vice President and Executive Director, Innovations and New Business, at PepsiCo India, and also held a number of roles with GlaxoSmithKline UK as part of its Strategic Development Group.

ENGINEERING & MACHINERY

LUCINDA BELL - ROTORK PLC Currently Financial Director of British Land, a role she took on in 2011.

She has worked for British Land for more than 20 years in a number of positions, including Director of Financial Planning, Tax Director, and Head of Accounting (with HR responsibility for a quarter of the company’s people). Chartered Accountant.

THE CLASS OF 2014

53

ENGINEERING & MACHINERY

ROSS MCINNES - IMI PLC Currently Deputy Chief Executive Officer of Safran, a role he took on in 2011, and sits on the Boards of Eutelsat Communications and Faurecia.

Previously Vice President and Chief Financial Officer of Thales and Chief Financial Officer of Kering. He also sat on the Boards of Camelot Group, Rexel, and Generale De Sante. Prior to that he worked for Eridania Beghin-Say as Financial Manager for the United States and the Chief Financial Officer between 1989 and 1999. Before that he worked in various positions for Continental Bank in both Chicago and Paris.

Early career with Kleinwort Benson Private Bank.

WILLIAM SEEGER - SMITHS GROUP PLC Most recently Group Finance Director of GKN between 2007 and 2014. Concurrently was Chief Executive Officer of GKN Aerospace Propulsion Systems and Special Products Division. Before that he was the Chief Financial Officer of GKN Aerospace between 2003 and 2007.

Early career in various positions at TRW.

ROY TWITE - HALMA PLC Currently Managing Director for the Severe Service Division at IMI, a role he took on in 2012. Previously he was responsible for Retail Dispense Business, Global Procurement, and Fluid Power Business between 2007 and 2012. Prior to that he was the President of Indoor Climate Business and worked as a Managing Director at Norgren from 2001 to 2004. His early career was also at IMI, in various positions.

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FINANCE

NORMAN MCLUSKIE - VIRGIN MONEY HOLDINGS PLC Served on the Board of Virgin Money Holdings since 2010. Was previously Chairman of MasterCard Europe between 2005 and 2007.

Previously he was a Member of the Executive Board of the Royal Bank of Scotland as the Managing Director of Operations and Chief Executive Officer of Retail Direct. He joined RBS in 1982 after spending a number of years as an Accountant at Touche Ross. Chartered Accountant.

MARILYN SPEARING - VIRGIN MONEY HOLDINGS PLC Former Managing Director and Global Head of Trade Finance for Deutsche Bank London. Previously served on the Board of Swift. Prior to that she was Global Head of Payments and Cash Management at HSBC Bank for more than 10 years. Earlier career in various roles with Barclays Bank, including Head of Global Electronic Banking.

HUGO RICHARD TUDOR - PARAGON GROUP OF COMPANIES Former Managing Director of BlackRock Investment Management, where he worked between 2001 and 2013. Previously he served as Investment Director at Schroders Investment Management between 1988 and 2000. Early career with PricewaterhouseCoopers. Chartered Accountant.

THE CLASS OF 2014

55

FOOD & DRUG RETAILERS

MIKAEL OHLSSON - TESCO PLC Currently Director of Volvo Cars, a role he took on in 2013. Previously he was President and Chief Executive Officer of INGKA (Ikea) Holdings between 2009 and 2013. Prior to that he was the Regional Manager for Ikea Retail in Southern Europe and North America from 1994 to 2009.

FOOD PRODUCERS & PROCESSORS

PER FRANZEN – SSP GROUP PLC Currently Head of Equities at EQT Partners, a role he took on in 2014.

Previously Partner at EQT between 2007 and 2014. Prior to that he worked in various positions at Morgan Stanley from 2001 to 2007, including roles in Mergers and Acquisitions, Leveraged Finance, and Nordic Banking.

DENIS HENNEQUIN - SSP GROUP PLC Currently sits on the Board of Eurostar International, a role he took on in 2012, and John Lewis Partnership, a role he took on in 2014.

Previously Chief Executive Officer and then Chairman of Accor between 2010 and 2013. Prior to that he worked for more than 25 years in various positions at McDonalds, including President of Europe and Managing Director of France.

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FOOD PRODUCERS & PROCESSORS

FEIKE SIJBESMA - UNILEVER PLC Currently Chief Executive Officer and Chairman of Koninklijke DSM, a role he took on in 2007. He joined the Board of DSM in 2000 and was responsible for the acquisition of the vitamins and fine chemicals division of Roche. He is also on the Board of De Nederlandsche Bank and was previously a Director of the Biotechnology Industry Organisation. Prior to that he worked in various positions for Koninklijke Gist-Brocades between 1987 and 1998, including Manager of Food Specialities Division and Director of Sales and Marketing for the Industrial Pharmaceuticals Division.

VAGN SĂ˜RENSEN - SSP GROUP PLC Currently Chairman of SSP Group, FLSmidth & Company, TDC, Scandic Hotels, DFDS, and Holdingselskabet and sits on the Boards of Royal Caribbean Cruises and Air Canada. Previously Chairman of Kmd, British Midland, TDC, and Codan. He was Chief Executive Officer of Australian Airlines between 2001 and 2006. Prior to that he worked at SAS for more than 15 years in various positions, including Deputy Chief Executive Officer and General Manager of SAS Business Systems. He has sat on the Boards of Cimber Sterling, FormueEvolution, DUNI, and Sophus Berendsen.

GENERAL RETAILERS

ALISON BRITTAIN - MARKS & SPENCER GROUP PLC Currently Group Director of Retail at Lloyds Banking Group, a role she took on in 2011. Previously Director of Retail at Santander between 2008 and 2011. Early career at Barclays in various positions, including Managing Director and Chief Operating Officer between 1988 and 2008.

THE CLASS OF 2014

57

GENERAL RETAILERS

BRIAN CARROLL - PETS AT HOME GROUP PLC Head of Retail at Kohlberg Kravis Roberts and Chairman of Northgate Information Solutions. He also sits on the Board of Laureate Education.

Previously sat on the Boards of Rockwood, Harman International Industries, Sealy, Boyds Collection, Borden Chemical, and AEP Industries. He has worked for Kohlberg Kravis Roberts for 20 years in various positions, including Associate and then Partner between 2004 and 2011. Early career with Donaldson, Lufkin & Jenrette.

PAUL COBY - PETS AT HOME GROUP PLC Currently Chief Information Officer of John Lewis, a role he took on in 2011, and sits on the Boards of P&O Ferries and Société Internationale de Télécommunications Aéronautiques. Previously Chairman of Société Internationale de Télécommunications Aéronautiques for more than 10 years and Chief Information Officer of British Airways between 2001 and 2010. Prior to that he worked in various positions at British Airways and the Civil Service. He has sat on the Board of OnAir. Early career with IBM UK.

GRAEME COULTHARD - CARD FACTORY PLC Currently Partner at Charterhouse Capital, a role he took on in 2003, and sits on the Boards of Charterhouse Development Capital and Cf Topco. He joined Charterhouse in 1997. Previously he worked in various positions at Louis Dreyus Energy from 1992 to 1995 and then Granville Private Equity Partners between 1995 and 1997. Early career with PricewaterhouseCoopers. Chartered Accountant.

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GENERAL RETAILERS

THERESA (TESSA) GREEN CBE - PETS AT HOME GROUP PLC Currently sits on the Board of Barts Health NHS Trust, a role she took on in 2013. Previously Founding Chairman of the Royal Marsden NHS Foundation Trust between 1998 and 2010. Prior to that she was Chairman on the Local Research Ethics Committee from 1994 to 1998.

She also sat on the Board of Royal Berkshire and Battle Hospitals NHS Trust. Before that she was Corporate Finance Executive and then Head of Communications at Carlton Communications.

WILLIAM (BILL) HOLROYD CBE - AO WORLD PLC Currently Chairman of TD4 and sits on the Board of Warrington Sports.

Previously Chairman of Millie’s Cookies, Positive Solutions, Oakmere, and Pernickety. He founded Holroyd Meek in 1981 and was Chief Executive Officer until 1995. He has sat on the Boards of DRL, Alderly Group, Coast WA, and Surf Properties. Early career with Trusthouse Forte Supplies.

CHRISTOPHER HOPKINSON - AO WORLD PLC Currently sits on the Boards of Better Business Support, Clifton Trade Bathrooms, Hopkinson Consultants, and Incentia. Previously worked for Mark II, a UK distributor of kitchen and bathroom products, and as an Analyst for Cazenove & Company. Early career as a Pilot with the UK Royal Air Force.

THE CLASS OF 2014

59

GENERAL RETAILERS

ANDREW JENNINGS - TED BAKER PLC Currently an Advisor for Myer Holdings, a role he took on in 2014.

Previously worked in a number of executive roles for global retail brands. He was Chief Executive Officer of Karstadt Warenhaus from 2011 to 2013. Prior to that he was Managing Director of the Retail Division at Woolworths Holdings between 2006 and 2009. He was also Chief Operating Officer and Chief Merchandising Officer at Saks Fifth Avenue Enterprises. Early career at Harrods and House of Fraser.

TIMOTHY JONES - POUNDLAND GROUP PLC Currently Financial Director of Mitchells & Butlers, a role he took on in 2010. Previously Group Finance Director of Interserve between 2003 and 2010. Prior to that he was Group Director of Financial Operations at Novar and held a number of senior financial roles at Exel both in the UK and overseas. Early career at Coopers and Lybrand and British Gas. Chartered Accountant.

PAUL MCCRUDDEN - CARD FACTORY PLC Currently Head of Content Marketing across Europe, Middle East, and Asia at Twitter, a role he took on in 2015, and Chairman of Hoipolloi Theatre, a role he took on in 2011. Previously Head of Social Media at Abbott Mead Vickers between 2011 and 2014, and Account Director at Imagination TV from 2007 to 2011. Prior to this he was a Consultant in New Technologies at Accenture.

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GENERAL RETAILERS

PAUL MOODY - PETS AT HOME GROUP PLC Currently Chief Executive Officer of Food Freshness Technology, a role he took on in 2013, and Chairman of Johnson Service Group, a role he took on in 2014. Previously worked for Britvic for more than 15 years in various positions, including Chief Executive Officer between 2005 and 2013. Prior to that he was Commercial Director at Golden Wonder and worked in various positions for Pedigree Pet Foods, including National Field Sales Controller.

OCTAVIA MORLEY - CARD FACTORY PLC Currently Chief Executive Officer of OKA Direct, a role she took on in 2014, and sits on the Board of John Menzies, a role she took on in 2006. Previously Managing Director of Crew Clothing between 2009 and 2014, and Chief Executive Officer of Lighterlife from 2006 to 2009.

Prior to that she worked in various positions for Woolworths, including Commercial Director and Marketing Director, and was Director of Buying and Merchandising at Laura Ashley. She also worked for Asda Stores in various positions, including Business Development Manager.

Early career with Goldman Sachs.

MILES ROBERTS - POUNDLAND GROUP PLC Currently Group Chief Executive of DS Smith, a role he took on in 2010. Previously he was Chief Executive Officer of McBride and sat on the Board of Care, both between 2005 and 2010. Before that he was Group Finance Director of McBride, Finance Director of Costain, Financial Director of Affinity Water, and Financial Controller of Vivendi Water. Early career at Ernst & Young. Chartered Accountant.

THE CLASS OF 2014

61

GENERAL RETAILERS

DAVID STEAD - CARD FACTORY PLC Currently Finance Director of Dunelm Group, a role he took on in 2011.

Previously Company Secretary of Dunelm Group between 2003 and 2011. Previously he was Finance Director of Boots UK and Finance Director of Boots Healthcare International from 1991 to 2003. Early career with KPMG. Chartered Accountant.

AMY STIRLING - PETS AT HOME GROUP PLC Most recently Chief Financial Officer of TalkTalk Telecom group between 2006 and 2013. Previously Chief Financial Officer at Carphone Warehouse from 2000 to 2006 and Head of Business Development at Rank Group from 1996 to 2000. Prior to that she was Finance Manager of Territorial Operations at CIC Video International. Early career with Arthur Andersen. Chartered Accountant.

HEALTH

DR AYESHA ABDULLAH - NMC HEALTH PLC Currently Managing Director of Dubai Healthcare City Regulator, a role she took on in 2014. Previously Managing Director at Dubai Biotechnology & Research Park, Telecom Investments FZ and Dubai Healthcare City. Also served as the Director of the Centre for Healthcare Planning and Quality, a role she took on in 2008. Previously she was the Chief Executive Officer of Dubai Healthcare City between 2008 and 2009. She was also Chief Executive Officer for the Centre for Healthcare Planning and Quality from 2004 to 2008 as well as Senior Vice President of Dubai Healthcare City during this time.

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HEALTH

VINITA BALI - SMITH & NEPHEW PLC Currently sits on the Boards of Katsuri & Sons, CRISIL, Syngenta and Titan Company. Previously Chief Executive Officer of Britannia Industries between 2005 and 2014. Prior to that she was Managing Principal as well as Head of Business Strategy at Zyman Group’s Atlanta Office from 2003 to 2005. Before then she spent nearly 10 years at Coca-Cola in various positions, including Vice President of Corporate Strategy. Early career with Tata Group.

ABDULRAHMAN BASADDIQ - NMC HEALTH PLC Most recently Managing Partner of Riyadh and Abu Dhabi offices at Ernst & Young. He spent more than 12 years with a number of Gulfbased diversified groups across multiple jurisdictions and sectors. Early career with Ernst & Young. Chartered Accountant.

SALMA ALI BIN HAREB - NMC HEALTH PLC Currently Chief Executive Officer of Jebel Ali Free Zone Authority and Chief Executive Officer of Special Economic Zones JSC; she took on both roles in 2005. She is one of the first women ever to assume this level of responsibility in a free zone in the United Arab Emirates, Middle East, and North Africa region. Previously she was Division Chief for the Department of Health and Medical Services for Jebel Ali Free Zone Authority. Early career with Technopark Land.

THE CLASS OF 2014

63

HEALTH

ANTHONY (TONY) BOURNE - SPIRE HEALTHCARE GROUP PLC Currently sits on the Boards of Barchester Healthcare, a role he took on in 2011, and Bioquell, a role he took on in 2009. Previously Chief Executive Officer of the British Medical Association between 2005 and 2013. Prior to that he was Managing Partner of Hawkpoint Partners from 1999 to 2004. Before this he was Global Head of Equity Division at Paribas between 1986 and 1999. He has sat on the Boards of Southern Housing Group and Scope, the cerebral palsy charity. Early career with Merrill Lynch.

PROF JANET HUSBAND - SPIRE HEALTHCARE GROUP PLC Currently holds the position of Emeritus Professor of Radiology at the Institute of Cancer Research and serves on the Boards of Royal Marsden NHS Foundation Trust and Nuada Medical Group. Prior to her appointment with the Group, she also served as a Specially Appointed Commissioner to the Royal Hospital Chelsea and chaired the National Cancer Research Institute in the UK. She obtained her education at Guy’s Hospital Medical School and was appointed as Professor of Diagnostic Radiology at the University of London, Institute of Cancer Research in addition to more than 20 years as a practising consultant radiologist.

DR SUPRAJ RAJAGOPALAN - SPIRE HEALTHCARE GROUP PLC Currently Partner at Cinven, a role he took on in 2011, and sits on the Board of Medpace, a role he took on in 2014. Previously Principle of Healthcare and Industrials at Cinven between 2004 and 2011, and has also sat on the Boards of several Cinven portfolio companies, including Phadia and Ahlsell. Prior to that he worked in various positions at the Boston Consulting Group, advising on the healthcare and financial services sectors. Early career as a Junior Doctor with the National Health Service.

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HEALTH

SIMON ROWLANDS - SPIRE HEALTHCARE GROUP PLC Currently sits on the Board of Avio, a role he took on in 2010, and MD Medical Group, a role he took on in 2012. He is also currently Advisor to Cinven, a private equity firm he founded and joined in 1986, and went on to establish the healthcare division. He has extensive NonExecutive experience, having previously sat on the Boards of EnServe, RoyVenture Nominees, Generale De Sante, Routledge Publications, British Printing, Cornstack, and RPC Group.

BINAY SHETTY - NMC HEALTH PLC Currently sits on the Boards of BR Property Developers, UAE Exchange & Financial Services, XM Software Solutions, and Xpress Money Services. Previously Chief Operating Officer and Division Chief Operating Officer of Healthcare at NMC Health between 2012 and 2014.

DR NANDINI TANDON - NMC HEALTH PLC Currently Vice Chairman of El Camino Hospital, a role she took on in 2012. Previously she was Managing Director and Venture Partner of Lumira Capital between 2004 and 2012. Prior to that she was a Partner of RBC Capital Partners from 2002 to 2004 and Senior Director of Corporate Development at Arca Biopharma between 1998 and 1999.

Early career as Commercial Development Manager at Chiron and Medical Representative at Glaxo Wellcome.

THE CLASS OF 2014

65

INFORMATION TECHNOLOGY HARDWARE

DR YUN LIU - ARM HLDGS PLC Currently Chief Business Officer of Qihoo 360 Technology and sits on the Board of Digital China; he took on both roles in 2014. Previously he was Vice President of Sales for Mainland China, Hong Kong, and Taiwan for Google between 2008 and 2013. Prior to that he was Regional Chief Executive Officer for China of SK Telecom and sat on the Board of TTP Communications. Before this he was General Manager of the Telecom Division for Lion Group from 1998 to 2002. Early career with Singapore Telecommunications.

INSURANCE

JAMES ARNELL - SAGA PLC Currently Partner at Charterhouse Capital Partners and sits on the Boards of Elior, TSL Education Group, TES Global, Acromas Holdings, and PHS Group Holdings. Previously sat on the Boards of FivesLille (Compagnie De), Saga Services, and Mitsubishi Rayan Lucite Group, among others. Prior to that he worked in various positions for Charterhouse Capital Partners between 1997 and 2003. Early career at Bain & Company.

COLONEL ANDREW BLOWERS - AA PLC Founded Swiftcover.com in 2004 and was CEO until 2009. Previously Executive Director of Churchill Insurance which he joined after they acquired one of his previous businesses, Inter Group Insurance Services, in 2001. Early career in the British Army.

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INSURANCE

SIMON J BREAKWELL - AA PLC Currently serves on the Board of HomeAway and as a Venture Partner at Technology Crossover Ventures. Between 2012 and 2013, he established the European operations for Uber.com. Previously he held a number of leadership roles with Expedia, including Managing Director for Europe and Regional President for EMEA. He served on the Board of Expedia between 2006 and 2009 as a NED. Early career with Microsoft in various sales roles.

BRIAN CARPENTER - AMLIN PLC Most recently Underwriting Director on the Board of Amlin as well as Chief Executive Officer of Amlin UK from 2000 to 2014. He was a Member of the Lloyd’s Business Development Unit Board. Early career at Amlin Underwriting and Sedgwick & Marsh.

PETER CLARKE - LANCASHIRE HOLDINGS LTD Worked for Man Group from 1993 to 2013, latterly serving as Chief Executive Officer and Finance Director. Prior to that he worked in Mergers, Acquisitions, and Investment Banking for both Citicorp and Deutsche Morgan Grenfell. Early career with Slaughter & May.

THE CLASS OF 2014

67

INSURANCE

ENRICO CUCCHIANI - RSA INSURANCE GROUP PLC Former Chief Executive Officer of Intesa Sanpaolo between 2011 and 2013. Prior to this he was President of Allianz, in charge of the South Europe and South American regions from 2006 to 2011, and Chief Executive Officer of Lloyd Adriatico between 1998 and 2005. Early career at McKinsey & Company and Gucci Group.

DR CLAUS-MICHAEL DILL - CATLIN GROUP LTD Currently Chairman of General Reinsurance, a role he took on in 2009, and sits on the Boards of Polygon, HUK Coberg, Golding Capital Partners, and MLP. Previously Chief Executive Officer of Damp Holding between 2006 and 2012. Prior to that he was Deputy Chairman of General Reinsurance and Chairman of Deutsche Ă„rzteversicherung.

From 1999 to 2005 he was Chief Executive Officer of AXA Konzern, responsible for operations in Germany and Central Europe. He has sat on the Boards of Wuerttemberg, MONY Life Insurance Company of America, and Babcock Borsig. Early career with McKinsey & Company.

HANS-PETER GERHARDT - BRIT PLC Currently sits on the Boards of African Risk Capacity Reinsurance, Brit Insurance Holdings, and Brit Syndicates. Previously Chief Executive Officer of Paris Holdings between 2006 and 2010, which he created in 2006 with the support of private equity investors to acquire the business and management team of AXA. Prior to that he was Chief Executive Officer of AXA from 2003 to 2006. He held both underwriting and management functions for Cologne Group between 1988 to 2003, which merged into General Cologne, where he served as Vice Chairman. Early career with Hannover Re Group.

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INSURANCE

ROBIN HOOPER - SAGA PLC Currently Partner at CVC Capital Partners, a role he took on in 2013, and sits on the Boards of Galaxy Finco and Acromas Holdings. He joined CVC Capital Partners in 2003 and has worked in various positions, including Senior Managing Director between 2010 and 2013.

Previously Vice President of Mergers and Acquisitions at Citigroup.

Early career with Schroders.

MAARTEN HULSHOFF - BRIT PLC Currently Advisory Chairman to HB Reavis Group, a role he took on in 2007, and sits on the Board of Brit Insurance. Previously Chairman of Credit Europe Bank between 2008 and 2012 and Chief Executive Officer of Rodamco Europe from 2001 to 2007. Prior to that he was Chairman and Chief Executive Officer of Rabobank International and Chairman of Atradius Credit Insurance. He worked in various positions at Citibank between 1976 and 1995, including General Management positions in Europe and Asia. Early career with OCE.

IPE JACOB - BRIT PLC Currently sits on the Boards of Brit Insurance, Brit Syndicates, and City International Insurance. Previously Partner and Head of Financial Services at Grant Thornton between 2000 and 2009, which he also set up. Prior to that he was Partner at Robson Rhodes from 1988 and 2000. He has also sat on the Board of Age UK Enterprises. Early career with Ernst & Young. Chartered Accountant.

THE CLASS OF 2014

69

INSURANCE

SEBASTIAN JAMES - DIRECT LINE INSURANCE GROUP PLC Currently Chief Executive Officer of Dixons Carphone following the merger of Dixons Retail with Carphone Warehouse, a role he took on in 2014. Previously he held various roles at Dixons Retail, including Group Development, Service Director, and Group Operations Director. Prior to that he was Chief Executive of Synergy Insurances Holdings and Co-Founder of Silverscreen Holdings. Before that he was Director of Strategy at Mothercare and Associate at Bain & Company. Early career with Boston Consulting Group.

SACHIN KHAJURIA - BRIT PLC Currently Partner at Apollo Global Management, a role he took on in 2011, and sits on the Boards of Brit Insurance and 19-21 Abbey Road.

Previously Vice President of Communications at Quadrangle Group, and then Principle between 2008 and 2010, where he focused on private equity and distressed debt opportunities. Prior to that he worked in various positions at Macquarie Aviation North America for five years. Early career at Morgan Stanley and Merrill Lynch.

GERNOT LOHR - BRIT PLC Currently Senior Partner and Head of Asia and Pacific Region at Apollo Global Management, and sits on the Boards of AAA Guernsey, Financial Credit Investment, and Athene Life. Previously Founding and Joint Venture Partner of Infinity Point between 2005 and 2007. Prior to that he was Vice President of Financial Services and Investment Banking at Goldman Sachs from 1998 to 2005. He has also worked at McKinsey & Company and B. Metzler Corporate Finance in various positions.

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INSURANCE

ANDREW MILLER - AA PLC Currently Chief Executive Officer of Guardian Media Group and serves on the Boards of Decoded, Benjamin Franklin House, and Top Right Group. Previously held Chief Financial Officer roles with Guardian Media Group and Auto Trader Group. Early career in finance roles with PepsiCo. Chartered Accountant.

OLIVER PETERKEN - AMLIN PLC Currently sits on the Board of Torus Insurance Holdings, a role he took on in 2011. Previously he was Group Chief Risk Officer for Aspen Insurance Holdings between 2005 and 2010. Prior to that he was Managing Director of Willis Consulting, which he set up, from 1998 to 2005. Before that he held various positions at Prudential, including management roles in Finance and Strategy between 1987 to 1994.

Early career at Aspen Bermuda.

KAMIL SALAME - BRIT PLC Currently a Partner at CVC Capital Partners and U.S. Head of CVC’s Financial Institutions Group. He sits on the Boards of Avolon Holdings, CI Intermediate, Brit Insurance, and Advanstar. Prior to joining CVC, Kamil worked for DLJ Merchant Banking Partners, where he served as a Partner and Member of the Management Committee. Prior to joining DLJMB, Kamil worked in DLJ’s Leveraged Finance Group and DLJ Real Estate Capital Partners.

THE CLASS OF 2014

71

INSURANCE

CHARLES SHERWOOD - SAGA PLC Currently Partner of Permira Holdings, a role he took on in 2008, and sits on the Boards of Avalon Acquisitions and Acromas Holdings. He has worked for Permira Holdings for 30 years in various positions, including as Head of the Consumer Sector Team. During this time he sat on the Boards of Just Retirement, Suitcase One, Provimi, AAA, Homebase, and Birthdays. Early career with Boston Consulting Group.

NICHOLAS WALSH - JARDINE LLOYD THOMPSON GROUP Most recently Vice Chairman of American International (AIG), Chairman of AIG Europe, and Vice Chairman of AIG Property Casualty. He has significant experience in international insurance and underwriting, having worked at AIG for over 40 years between 1973 and 2014. Other positions during his tenure at AIG include Vice President of Foreign General Insurance and Managing Director of AIG UK. During this time he was also President and Chief Executive Officer of American International Underwriters, the foreign general insurance segment of AIG.

GARETH WILLIAMS - SAGA PLC Currently sits on the Boards of WNS Holdings and YSC, and is also a Mentor at Mentore Consulting. Previously he was Director of Human Resources for Diageo between 1999 and 2013, then Advisor to the Chief Executive Officer. Prior to that he was Senior Vice President of North American Spirits and Wines for International Distillers and Vintners. Before this he was Director of Management Development and Resourcing Division for Grand Metropolitan. Early career in various positions at Ford Motors.

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INVESTMENT COMPANIES

DAVID BARTON - BH MACRO LTD Currently Head of Legal at Brevan Howard Capital Management, a role he took on in 2007. Previously he worked as a Transnational Lawyer for Freshfields Bruckhaus Deringer between 2005 and 2007, advising on the structuring and launch of listed and unlisted hedge, private equity, and other investment funds. Prior to that he was a Solicitor at Freehills from 2000 to 2005, working in corporate, banking, and financial groups.

HAROLD BOEL - CALEDONIA INVESTMENTS PLC Currently serves on the Boards of Suez Environment and Biomerieux.

He is also Chief Executive Officer of Sofina, a role he took on in 2008.

Previously he was Managing Director of Henex between 2007 and 2014, having served on the Boards of Oberthur Fiduciaire, Union Financière Boel, Oberther Technologies, and Finasucre. Before that he held Managing Director roles at BMF Participation between 2007 and 2008 and at Laura Metaal Holding from 2005 to 2007. Early career at Corus Service Centre Maastricht.

HELEN GREEN - JOHN LAING INFRASTRUCTURE FUND Currently Chairman of Acorn Income Fund, a role she took on in 2012, and sits on the Boards of Advance Frontier Markets Fund, Landore Resources, and Saffrey Champness. She joined Saffrey Champness in 1984 as a Trainee and was a Partner between 1997 and 2000. She has extensive Board experience, having sat on the Boards of various entities including Barba Family Foundation, Corbiere Trust, Puma Brandenburg, and European Internet Capital. Chartered Accountant.

THE CLASS OF 2014

73

INVESTMENT COMPANIES

DAVID HARDIE - MURRAY INTERNATIONAL TRUST PLC Currently Head of Venture Philanthropy Department at Inspiring Scotland, a role he took on in 2008, and Chairman of Keppie Design and WN Lindsay. Previously he was Chairman and Senior Partner of Dundas & Wilson between 2009 and 2013. Prior to that he was Writer for the WS Society from 2007 to 2008. He took on a number of roles at Dundas & Wilson CS between 1976 and 2009, including Head of UK Knowledge & Learning and Head of Corporate. Early career at the Court of Session.

PAULA HAY-PLUMB - ABERFORTH SMALLER COMPANIES TRUST PLC Previously sat on a number of Boards, including Skipton Building Society, National Australian Group, Priority Sites, Forensic Science Service, Dexia Bank, and English Cities Fund. She was Group Director of Corporate Finance at Marks & Spencer from 2003 to 2005. Prior to that she was the Chief Executive Officer of English Partnerships between 1999 and 2002 and Finance Director before that. Early career at KPMG and Marks & Spencer. Chartered Accountant.

BEATRICE HOLLOND - TEMPLETON EMERGING MARKETS INVESTMENT TRUST PLC Currently Chairman of Keystone Investment Trust and sits on the Boards of Catlin, Henderson Smaller Companies Investment, Ora Capital Partners, and Ukraine Opportunity Trust. Previously she was Portfolio Manager of Institutional Global Fixed Income and then Managing Director of Credit Suisse Asset Management. Early career at Morgan Grenfell.

74

INVESTMENT COMPANIES

IAN HUNTER - SCOTTISH INVESTMENT TRUST PLC Spent the majority of his career with Ernst & Young, joining in 1976.

Elected Partner in 1986 and retired in 2011. Early career with HM Revenue & Customs. Chartered Accountant.

JULIA LE BLAN - ABERFORTH SMALLER COMPANIES TRUST PLC Currently sits on the Boards of Impax Environment Markets and Investors Capital Trust, taking on both roles in 2011, as well as the Board of JP Morgan US Smaller Companies Investment Trust, a role she took on in 2012. Previously she was a Tax Partner at Deloitte between 1990 and 2009, where she acted as Tax Advisor to international financial institutions, including clients in banking, securities, and fund management. Chartered Accountant.

JOHN MAKINSON CBE - RIT CAPITAL PARTNERS PLC Currently Chairman of the National Theatre and Penguin Random House, a role he took on in 2013. Previously he was Chairman and Chief Executive Officer of Penguin Group between 2002 and 2013 and Chairman of Interactive Data. He was Independent Director for George Weston for 10 years and also Director for Marketwatch from 2000 to 2005. Prior to that he was Financial Director of Pearson, Managing Director of Financial Times, and Co-Founder of Makinson Cowell. Early career as a journalist for the Financial Times and Reuters Group.

THE CLASS OF 2014

75

INVESTMENT COMPANIES

MARK MCNICHOLAS - KENNEDY WILSON EUROPE REAL ESTATE PLC Currently Principle of JLA Real Estate Finance, a role he took on in 2012. Previously Director of Debt Advisory at BNP Paribas Real Estate between 2010 and 2012, which provided an independent service to European clients across the spectrum of the real estate debt market.

Prior to that he worked in various positions at Royal Bank of Scotland from 1993 to 2009, including Director of Real Estate Finance in Jersey and Corporate Real Estate Finance in London.

HARRY MORLEY - MERCANTILE INVESTMENT TRUST PLC Currently Chief Executive Officer of Armajaro Asset Management, a role he took on in 2007. Also currently serves on the Board of Bibendum Wines. Previously he was Financial Director of Armajaro Holdings between 2008 and 2010. Before that he was Chief Financial Officer and Co-Founder of Tragus Holdings from 2002 to 2005, and held various positions at P&O Cruises between 1996 and 2002. Early career at PricewaterhouseCoopers and Whitecross Group. Chartered Accountant.

JUDITH MOSELY - BLACKROCK WORLD MINING TRUST PLC Most recently was Director of Business Development for Rand Merchant Bank, a role she held between 2011 and 2014. Prior to that she was Regional Managing Director of the Mining Finance Team EMEA and Australia at Société Générale from 1990 to 2011 and worked in various positions at Hambros Bank between 1987 and 1990. Early career at National Westminster Bank.

76

INVESTMENT COMPANIES

FRANK NELSON - HICL INFRASTRUCTURE CO LTD Currently sits on the Boards of Telford Homes (since 2015), HICL Infrastructure (since 2014), McCarthy & Stone (since 2013), and Thames Valley Housing Association (since 2012). Previously Interim Finance Director at Lamprell from 2012 to 2013. Prior to that he was Group Finance Director at Galliford Try for more than 10 years, during which he had direct responsibility for IT, Shared Services, and Commercial Property. Was also head of the Group’s investment business in public and private finance projects. Early career at Coopers & Lybrand.

Qualified Management Accountant.

STEPHEN LE PAGE - BLUECREST ALL BLUE FUND LTD Most recently Territory Senior Partner at PricewaterhouseCoopers between 2007 and 2013. Prior to that he was Head of the Assurance Practice and Partner from 1999 to 2007. Early career at Coopers & Lybrand as Accountant and then Partner. Chartered Accountant and Tax Advisor.

SIMON RADFORD - KENNEDY WILSON EUROPE REAL ESTATE PLC Currently Chief Financial Officer of Aztech Group, a role he took on in 2005, and sits on the Board of Atrium European Real Estate, a role he took on in 2008. Previously worked in various positions for Deloitte and Touche between 1991 and 2005, including Senior Partner in Assurance and Advisory Business. Chartered Accountant.

THE CLASS OF 2014

77

INVESTMENT COMPANIES

MARY RICKS - KENNEDY WILSON EUROPE REAL ESTATE PLC Currently Chief Executive Officer and President of Kennedy Wilson Europe, a role she took on in 2011. She has been with Kennedy Wilson for 25 years in various positions, including Chief Executive Officer of the Commercial Investment Group and Vice Chairman. Early career with Hanes Companies.

GREGOR STEWART - ALLIANCE TRUST PLC Formerly served as Finance Director of Insurance at Lloyds Banking Group between 2009 and 2012. Previously was a Financial Services Partner at Ernst & Young from 1999 to 2008. Joined Ernst & Young in 1985.

DR PAOLA SUBACCHI - SCOTTISH MORTGAGE INVESTMENT TRUST PLC Currently Director of International Economics Research at the Royal Institute of International Affairs (Chatham House), a role she took on in 2008, and Consultant for the Economist Intelligence Unit, a role she took on in 2001. Previously she worked for a number of research institutions, including Oxford Economic Forecasting, Bloomberg, and Greenwich NatWest. Early career as Fellow at Bocconi University.

78

LEISURE & HOTELS

ANTOINETTE ARIS - THOMAS COOK GROUP PLC Currently sits on the Boards of ASR Nederland, Jungheinrich, Kabel Deutschland, Prosiebensat1 Media, and Sanoma Oyj. Currently also an Adjunct Professor in Strategy and Management at the European Institution of Business Administration, a role she took on in 2003.

Joined McKinsey & Company in 1985, serving as Partner from 1995 until 2003.

CAROL ARROWSMITH - COMPASS GROUP PLC Currently sits on the Board of Remuneration Consultants Group, a role she took on in 2011. Previously she was Lead Partner and then Vice Chairman at Deloitte between 2003 and 2014. Prior to that she sat on the Board of Proshare between 1993 and 2003, and was a Global Partner at Arthur Andersen. Before this she was Managing Director of Hewitt New Bridge Street between 1990 and 1998. Early career as a trainee at BP.

CAROLYN BRADLEY - MARSTON’S PLC Most recently was Global Brand Director for Tesco between 2012 and 2013, having previously held various roles there between 1992 and 2012, including Marketing Director and Chief Operating Officer for Tesco.com.

THE CLASS OF 2014

79

LEISURE & HOTELS

IAN BURKE - RANK GROUP PLC Most recently Chief Executive Officer of the Rank Group between 2006 and 2014, with additional responsibility for the Gaming Division.

He has spent the majority of his career in executive positions in the leisure industry, having been Chief Executive Officer of Holmes Place from 2003 to 2006 and Thistle Hotels between 1998 and 2003. Prior to that he was Managing Director of Holiday Hospitality, Holiday Inn Worldwide, Six Continents, and Gala Clubs, and Commercial Director of Leisure Development of Bass Leisure Entertainments. Early career at Esso International and Lever Brothers. Chartered Accountant.

SALLY COWDRY - RESTAURANT GROUP PLC Currently Marketing and Consumer Director for Camelot, a role she took on in 2013. She has previously worked as Marketing Director and Manager for a number of firms, including Telefonica between 2006 and 2013, O2 (UK) from 2001 to 2006, BT Cellnet, and Heathrow Express.

Early career in various positions at Stena Line UK.

CATHERINE GLICKMAN - MARSTON’S PLC Currently Group Human Resources Director at Genus, a role she took on in 2012. Previously she worked in various positions between 1991 and 2012 for Tesco including Director of Talent Development, Director of Personnel, Human Resources Director, and Head of Reward. Early career as Human Resources Manager for Boots and Somerfield.

80

LEISURE & HOTELS

KEVIN HIGGINS - DOMINO’S PIZZA GROUP PLC Most recently Regional President for EMEA at Burger King from 2009 to 2010. Previously he was Regional General Manager for the Europe and Russia Franchise Business Unit for Yum! Brands between 2004 and 2009. He was also Director of Development and Franchise Recruitment in Europe from 2001 to 2004. During his early career he worked for PepsiCo Restaurants International and for M&M Mars, both in the UK and United States.

EBBE JACOBSEN - DOMINO’S PIZZA GROUP PLC Currently Chairman of Kvd-Kvarndammen, Scandinavian Business Seating, Delsey, and Morso. Also sits on the Board of Sportamore.

Previously Deputy Chairman and then Co-Chairman of Boconcept Holding between 2004 and 2013. During this time he also sat on the Board of Praktiker. Before that he served as Chairman for Netonnet and Morpol. He has also been Chief Executive Officer of a number of consumer companies including Delsey, Habitat UK, and Curver Group.

He was Executive Vice President of Sales and Marketing for Bang & Olufsen from 1992 to 1994. Early career at Ikea and Burger King.

GERVASE MACGREGOR - MILLENNIUM & COPTHORNE HOTELS PLC Currently Partner and Head of International Advisory, Risk, and Quality Services at BDO, whom he joined in 1991. Chartered Accountant.

THE CLASS OF 2014

81

LEISURE & HOTELS

PETER RIGBY - BETFAIR GROUP PLC Formerly Chief Executive Officer of FTSE 250 Informa until the end of 2013. First joined Informa in 1983 and served as Chief Executive Officer from 1988, during which time Informa grew to a business with revenues of £1.2 billion and a market capitalisation exceeding £3 billion.

Previously held the role of Finance Director for Stonehart Publications and then IBC, which later became Informa. Chartered Accountant.

DANIEL SILVERS - BWIN.PARTY DIGITAL ENTERTAINMENT PLC Currently President of SpringOwl Asset Management (formerly Ader Investment Management) and also serves on the Board of India Hospitality Corp. He previously served on the Board of both International Game Technology and Universal Health Service. Joined Ader Investment Management from Fortress Investment Group, a leading global alternative asset manager, where he worked from 2005 to 2009. Prior to joining Fortress, he was a senior member of the real estate, gaming, and lodging investment banking group at Bear Stearns.

LIFE ASSURANCE

ZOE CRUZ - OLD MUTUAL PLC Most recently Managing Director and owner of Voras Capital Management between 2009 and 2012. Previously she spent 25 years at Morgan Stanley in a number of positions, including Acting President and Co-President of the Institutional Securities, Individual Investor, and Investment Management Groups. She was also Head of Fixed Income, Commodities, and Foreign Exchange Divisions from 2000 to 2005.

Early career as a Foreign Exchange Trader at New England Merchants National Bank.

82

LIFE ASSURANCE

STEVEN DANIELS - ST JAMES’S PLACE PLC Currently Chief Investment Officer for Tesco Pension Investment, a role he took on in 2011, and Director of One-Nil Advisory, a role he took on in 2010. Prior to that he was Group Chief Investment Officer for LV= between 2009 and 2010 and Managing Director of Asset Management from 1995 to 2008. He has sat on the Board of Close FTSE Income and Growth Trust as well as the Board of Invesco Convertible Trust. Early career with Pearl Assurance.

ADIBA IGHODARO - OLD MUTUAL PLC Currently Investment Development Group Partner at Actis, a role she took on in 2013. Previously she worked for the Commonwealth Development Corporation for more than 20 years in various positions including Head of West Africa, where she set up CDC’s Nigeria office.

She was a founding Board Director and Investment Committee Member of Capital Alliance Private Equity, Nigeria. Chartered Accountant.

SIMON JEFFREYS - ST JAMES’S PLACE PLC Currently Chief Operations Officer of the Wellcome Trust, a role he took on in 2009. He also currently sits on the Boards of Aon UK, Genome Research, Henderson International Income Trust, and Simcorp.

Previously he was Chief Financial Officer of the Wellcome Trust. Prior to that he worked in various roles at PricewaterhouseCoopers between 1998 and 2006, including Global Investment Management Leader and Member of Global Financial Services Leadership. Early career at PricewaterhouseCoopers. Certified Public Accountant.

THE CLASS OF 2014

83

LIFE ASSURANCE

OLAF SWANTEE - LEGAL & GENERAL PLC Currently Chief Executive Officer of EE, a role he took on in 2011.

Prior to that he worked in various positions for Orange from 2007 to 2011, including Deputy Chairman and Regional Senior Executive Vice President of Group Purchasing Operations in Europe. Before that he worked at Hewlett-Packard in various positions, including Regional Senior Vice President of Customer Solutions Group for Europe, Middle East, and Africa from 2002 to 2005.

MEDIA & ENTERTAINMENT

ELIZABETH CORLEY - PEARSON PLC Currently Chief Executive of Allianz Global Investors since 2012 and sits on the Boards of Allianz Asset Management, Euler Hermes, the Financial Reporting Council, and Merrill Lynch International Investment Funds. Previously she held a number of roles at Allianz Global Investors between 2005 and 2013, including Chairman and Chief Executive Officer. Prior to that she sat on the Board of Leeds Building Society as well as the Board of the Mercury Selected Trust. She was the Chief Executive Officer of Blackrock Investment Managers between 2002 and 2004. Before that she was a Partner at Coopers & Lybrand.

84

MEDIA & ENTERTAINMENT

SHERRY COUTU - ZOOPLA PROPERTY GROUP PLC Currently sits on the Boards of London Stock Exchange and Cambridge University Press and is Advisor to Care2.com, LinkedIn, CAP Partners, and Cutec. Previously Advisor to LOVEFiLM International, AlertMe.com, and Seedcamp. Prior to that she was Director of the National Archives at the Public Records Office between 2004 and 2007. During this time she also sat on the Boards of New Energy Finance, Library House, RM Plc, and Jarvis. Before that she was Chief Executive Officer, Chairman, and Founder of Henderson Investors from 1995 to 2000. Early career with Coopers & Lybrand and Andersen Consulting.

STEPHEN DAINTITH - ZOOPLA PROPERTY GROUP PLC Currently Finance Director of Daily Mail & General Trust and sits on the Board of Euromoney as Alternate Director; he took on both roles in 2011. Previously Executive Vice President and Chief Financial Officer of Dow Jones & Company between 2008 and 2010, also becoming Chief Operating Officer in 2010. Prior to that he was Chief Financial Officer of News International and held various positions at British American Tobacco, including Finance Director of Pakistan and Chief Executive Officer of Switzerland. Before that he was Head of Internal Audit for Civil Aviation Authority and then Forte. Early career with PricewaterhouseCoopers. Chartered Accountant.

ANDREW FISHER - MONEYSUPERMARKET.COM GROUP PLC Currently Chairman of Shazam Entertainment, a role he took on in 2013, after being Chief Executive Officer between 2005 and 2013. Prior to that he was Regional Managing Director for Europe at Blucora from 2000 to 2005. Early career at Thomson Directories and Managing Director and Founder of Tdli.com.

THE CLASS OF 2014

85

MEDIA & ENTERTAINMENT

JOHN MCCONNELL - UBM PLC Currently Group Finance Director of Inchcape, a role he took on in 2009. He was also an Executive Officer at Inchcape between 2006 and 2009. Prior to that he was Chief Executive Officer at Inchcape Motors Australia from 2005 to 2009, as well as Chief Financial Officer between 1999 and 2003. He served as Regional Managing Director for Sydney at Inchcape Retail from 2003 to 2005. Early career in various positions at Reckitt & Colman.

MARY MCDOWELL - UBM PLC Currently sits on the Board of Autodesk, a role she took on in 2010, and is a Senior Advisor at Nokia, a role she took on in 2012. Previously she worked in various positions at Nokia between 2004 and 2012, including Head of Mobile Phones Unit, Chief Development Officer, and General Manager of Enterprise Solutions. Prior to that she worked in Corporate Development and Strategy at Hewlett-Packard and held various roles at Compaq Computers, including Group Vice President and General Manager of Industry Standard Server Division.

RAKHI PAREKH - RIGHTMOVE PLC Currently Media Director for Amazon.co.uk, a role she took on in 2014.

She worked at Amazon for a number of years, serving as Director of UK Music and DVD for Amazon.com, and Senior Product Manager of UK Books and UK Media for Amazon.co.uk between 2002 and 2006.

Before that she worked in various positions for Oliver Wyman from 1996 to 2003. Early career at TomTom.

86

MEDIA & ENTERTAINMENT

NICOLE SELIGMAN - WPP PLC Currently President of Sony Corp of America, a role she took on in 2012, and Executive Vice President of Sony Corp, a role she took on in 2005. Previously she was Associate and then Partner at Williams and Connolly between 1985 and 2001. Prior to that she was a Clerk at the US Supreme Court from 1984 to 1985, and before that she was a Lawyer at the US Court of Appeals for the District of Columbia Circuit between 1983 and 1984. Early career at Wall Street Journal Asia.

GENEVIEVE SHORE - MONEYSUPERMARKET.COM GROUP PLC Currently sits on the Board of Next Fifteen Communications, a role she took on in 2015, and STV, a role she took on in 2012. Previously worked for Pearson as Director of Digital Strategy and then Chief Information Officer between 2009 and 2014. Prior to that she was a Sales Director and then Global Director of Digital for the Penguin Group from 2002 to 2009. Early career at Random House.

THE CLASS OF 2014

87

MINING

JORGE BRUCK - ANTOFAGASTA PLC Currently a Lecturer at the University of Chile, he is also Independent Director at Bupa Chile. He is on the Boards of Pershimco Resources, Instituto Chileno De Administración Racional De Empresas, GNL Mejillones, Inversiones Aguas Metropolitanas, and Centro De Estudios Del Cobre Y La Mineria. He was previously employed as General Manager by Cia Contractual Minera Leonor, Executive Director by Centro De Estudios Del Cobre Y La Mineria, General Manager by AMP Chile, and a Principal by Gerald Metals LLC. He also served on the Board at Corporación Nacional del Cobre de Chile, Aguas Andinas, Cia Contractual Mineria El Tesoro, E-CL, Electroandina, and Empresa Nacional de Mineria.

MEGAN CLARK - RIO TINTO PLC Currently serves as a Member of the Australian Advisory Board of Bank of America Merrill Lynch and on the Advisory Board of the World Economic Forum’s 2015 Global Risk Report. Former Chief Executive Officer of the Commonwealth Scientific & Industrial Research Organisation between 2009 and 2014. Before that, she was Vice President of Health & Safety for BHP Billiton. Earlier roles in mineral exploration, mine geology, and strategy with WMC Resources.

Previously served on the Boards of NM Rothschild and Victorian Partnership for Advanced Computing.

CHRISTINE COIGNARD - POLYMETAL INTERNATIONAL PLC Most recently Managing Director of HCF International Advisors from 2009 to 2013. Previously she was Managing Partner of Coignard & Hass and Director of Investments and Financing for Norilsk Nickel from 1997 to 2000. Early career in various positions at Citigroup, Société Générale, and Royal Bank of Canada.

88

MINING

BARBARA GONDA DE BRANIFF - FRESNILLO PLC Served as a Member of the Board of Directors of Fomento Econ贸mico Mexicano since 2012. She also served as a Member of the Board of Directors of the Company from 2002 until 2011. A Private Investor, she is a Member of the Board of Directors of Coca-Cola FEMSA, BBVA Bancomer, Solfi, Coleccion FEMSA, ITESM Campus Ciudad de Mexico, Fondo para la Paz, Museo Franz Mayer, and Fundacion Bancomer.

DR NOBUHLE DLAMINI - ANGLO AMERICAN PLC Currently Chairman of both Aspen Pharmacare and Masibulele Pharmaceuticals, and MD and Executive Chairman of Mbekani Health & Wellbeing. She also sits on the Boards of Eyomhlaba Investment Holdings, Imithi Investments, and RRL Holdings. Previously sat on the Boards of Discovery, Gijima, Northam Platinum, and Woolworths.

Prior to that she was Senior Manager of HSBC Investment Bank in Johannesburg, specialising in transport and energy corporate finance.

Early career as practicing Doctor.

JEAN-PAUL FONTBONA - ANTOFAGASTA PLC Currently Chairman of Quinenco and Director of Banco de Chile; he took on both roles in 2013. He has extensive experience in the mining sector, having previously been Director of Quinenco for 10 years and Vice Chairman of Madeco between 2001 and 2010.

THE CLASS OF 2014

89

MINING

CHARLES JACOBS - FRESNILLO PLC Currently Senior Partner at Linklaters, whom he has worked for in various positions since 1990. He is Head of the Global Mining team and specialises in public and private M&A, capital raising, initial public offerings, joint ventures, and other corporate work.

JEMAL-UD-DIN KASSUM - RANDGOLD RESOURCES PLC Currently serves on the Boards of Guardian Holdings and Khan Bank.

Also currently a Managing Partner of AJK Financial Services, which he co-founded in 2006. Previously Regional Vice President for the East Asia and Pacific Region at World Bank between 2000 and 2005, and Vice President at International Finance Corp from 1997 to 2000. Early career in various positions for the Government of Nigeria.

PROF MICHAEL L’ESTRANGE - RIO TINTO PLC Currently Head of the National Security College at Australian National University, a role he took on in 2009. Previously he was the Secretary of the Australian Department of Foreign Affairs and Trade between 2005 and 2009. Prior to that he was Secretary and then Commissioner for the Australian Government from 1996 to 2005. Before that he was Director of Menzies Research Centre between 1995 and 1996.

Early career as Officer for Security and Intelligence Agencies in the Department of the Prime Minister and Cabinet, Australia.

90

MINING

MATSHIDISO MATLOA - PETRA DIAMONDS PLC Currently sits on the Board of Village Main Reef, a role she took on in 2013. Previously she sat on the Board of Great Basin Gold between 2011 and 2013. She is the founder of a number of businesses, including Tsidkenu Chartered Accountants, Mukundu Mining Resources, and Matloa and Associates. Early career at Coopers & Lybrand. Chartered Accountant.

PATRICE MERRIN - GLENCORE PLC Currently sits on the Board of Stillwater Mining, a role she took on in 2013. Previously she worked for CML Healthcare between 2008 and 2013 in various positions including Chairman, Interim Chief Executive Officer, and Director. Prior to that she sat on the Boards of Energie NB Power and Luscar, for which she was also Chief Executive Officer.

Before that she worked at Sherritt International for 10 years in various positions, including Executive Vice President and Chief Operating Officer.

DR JAIME SERRA PUCHE - FRESNILLO PLC Currently sits on the Boards of Alpek, Grupo Modelo, Mexico Fund, Tenaris, and Vitro. Previously a NED at Chiquita Brands International between 2003 and 2013. Prior to that he held a number of roles in the Ministry of Finance and Public Credit (Mexico), including Secretary for Finance, Trade and Commerce, Minister of Finance, and Undersecretary for Revenue. He was Minister of Trade for the Ministry of Foreign Affairs (Mexico) from 1988 to 1994.

THE CLASS OF 2014

91

MINING

TREVOR SCHULTZ - CENTAMIN PLC Former Executive Director of Operations at Centamin Group between 2008 and 2014. Previously served as Chief Executive Officer of Guinor Gold between 2004 and 2007. Earlier roles with Ashanti Goldfields and Pegasus Gold in Operations. Has served on the Boards of Base Resources and Southern Era.

VIVIANNE BLANLOT SOZA - ANTOFAGASTA PLC Currently Chairman of Empresa Concesionaria de Servicios Sanitarios, a role she took on in 2008, and sits on the Board of Colbun, a role she took on in 2012. Previously she served as Minister of Defence for the Government of Chile. Prior to that she was Director of both BancoEstado and Universidad de Santiago de Chile. She has held roles at the National Commission of Nuclear Energy and the Chilean Economic Development Agency. Before that she worked in various positions at Banco Interamericano de Desarollo, across the Energy, Mines, and Hydrocarbon divisions, between 1983 and 1990. Early career at Ricardo Rodriguez & Cia.

KATYA ZOTOVA - VEDANTA RESOURCES PLC Currently Principal of the Global Energy Fund for Pamplona Capital Management, a role she took on in 2014. Previously she was the Head of International Acquisitions and Divestments, Oil and Gas Division, for Citigroup between 2012 and 2014 and Head of Portfolio Management for Upstream International at Royal Dutch Shell from 2010 to 2012.

Before that she held various positions at Shell Exploration and Production between 2005 and 2010. Early career at Shell Chemicals and Shell Wind Energy.

92

OIL & GAS

JANICE (JANN) BROWN - WOOD GROUP PLC Currently Senior Advisor for Cairn Energy and sits on the Boards of Capricorn, Medoil, and Troy Income & Growth Trust. She has worked for Cairn for more than 15 years in various positions, most recently as Chief Financial Officer between 2011 and 2014. She has sat on the Boards of Hansen Transmissions and Plectrum Petroleum. Early career with KPMG. Chartered Accountant.

ANNE CANNON - PREMIER OIL PLC Currently Deputy Chairman of Det Norske Oljeselskap, a role she took on in 2013. Previously Senior Advisor to the Natural Resources Group at Morgan Stanley, focusing on upstream mergers and acquisitions between 2000 and 2014. Prior to that she was Director of Business Development and International Growth at Hardy Oil & Gas from 1995 to 2000, and Manager of Business Development at Thomson North Sea Oil. She has also sat on the Boards of Aker and Scotoil Petroleum. Early career at Shell Canada.

PAMELA DALEY - BG GROUP PLC Currently sits on the Board of BG Group, a role she took on in 2014.

Previously she worked at General Electric for more than 20 years, joining in 1989 as a Tax and Finance Counsel. She was Senior Vice President of Corporate Business Development between 2004 and 2013, during which she was responsible for GE’s mergers, acquisitions, and divestiture activities worldwide. She was also Senior Counsel for Transactions from 1991 to 2004. Prior to that she was a Partner at Morgan Lewis & Bockius, where she specialised in domestic and crossborder tax-oriented financings and commercial transactions.

THE CLASS OF 2014

93

OIL & GAS

DR MICHAEL DALY - TULLOW OIL PLC Currently a Visiting Professor in the Department of Natural Resources at the University of Oxford, a role he took on in 2013. Previously he held a number of roles at BP including Executive Vice President, Exploration between 2010 and 2013, and Regional President for the Middle East and South Asia from 2000 to 2006. He also served as Head of Exploration for BP Exploration between 2006 and 2010, and Technical Specialist from 1986 to 1990. Previously he was a Research Associate at the University of Leeds. Early career at the Geological Survey of Zambia.

THE HON. MARTIN FERGUSON - BG GROUP PLC Currently Group Executive of Seven Group Holdings, a role he took on in 2013, and also sits on the Board of the Committee for Economic Development of Australia, a role he took on in 2014. Previously he was a Representative Member of the Australian House of Representatives between 1996 and 2013. He was also Shadow Minister for Regional and Urban Development, Transport, and Infrastructure. He was President of the Australian Council of Trade Unions from 1990 to 1996. Early career with the Australian Labour Party.

PATRICIA WOERTZ - ROYAL DUTCH SHELL PLC Currently Chairman and Chief Executive Officer at Archer-DanielMidlands, and also sits on the Board of Procter & Gamble, a role she took on in 2008. She is also currently a member of the President’s Export Council. Previously held a number of roles at Chevron Corp between 1991 and 2006, including Executive Vice President, Vice President of Logistics, and Strategic Planning Manager. She was also President of Chevron Canada, Chevron Product, and Chevron International Oil. Early career with Ernst & Young. Public Accountant.

94

PHARMACEUTICALS & BIOTECHNOLOGY

DOMINIC BLAKEMORE - SHIRE PLC Currently Group Finance Director of Compass Group, a role he took on in 2012. Previously Chief Finance Officer at Iglo Foods Group between 2010 and 2011. Prior to that he was Regional Finance Director and Strategy Director for Europe at Cadbury. Early career at PricewaterhouseCoopers.

PATRICK BUTLER - HIKMA PHARMACEUTICALS PLC Formerly Operating Partner at Friends Life Group. Currently sits on the Boards of Bank of Ireland and British Business Bank. Previously he worked at McKinsey & Company as Head of European Financial Services between 2006 and 2010 where he advised banks, insurance companies, and asset managers. He was also Senior Partner and Senior Director. Early career with Arthur Andersen. Chartered Accountant.

ANN CAIRNS - ASTRAZENECA PLC Currently Division President of International Markets for MasterCard, a role she took on in 2011. Previously she was Head of Financial Services and Head of the Financial Industry Advisory Group in Europe for Alvarez & Marsal between 2008 and 2011. During this time she was a Trustee of Charity Bank and sat on the Board of Newcastle Building Society. Prior to this she was Chief Executive Officer of the BU Transaction Banking Division for ABM Amro Bank from 2002 to 2008.

Before that, she held various positions at Citigroup for more than 10 years, including Group Head of E-Solutions.

THE CLASS OF 2014

95

PHARMACEUTICALS & BIOTECHNOLOGY

PROF DR DUNCAN MASKELL - GENUS PLC Currently Head of Department of Veterinary Medicine at the University of Cambridge, a role he took on in 2004, and Co-Founder of Arrow Therapeutics. Previously he was the Marks & Spencer Professor of Farm Animal Heath, Food Science, and Food Safety at the University of Cambridge. Prior to that he was Lecturer at Imperial College London and a Research Fellow at the University of Oxford between 1992 and 1996. Before that he was a Research Scientist at Wellcome Biotech from 1985 to 1988.

LYKELE VAN DER BROEK - GENUS PLC Currently Global Chief Operating Officer of Bayer CropScience, a role he took on in 2010. Previously President of the Animal Health Division at Bayer HealthCare between 2006 and 2010, and Head of the Bioscience Division at Bayer CropScience from 2003 to 2006. Prior to that he was Chief Executive Officer of Aventis Cropscience India between 2001 and 2003. Early career at Nunhems as Head of Strategy for the Asia Pacific region.

PRIVATE EQUITY

CAROLINE BANSZKY - 3I GROUP PLC Currently Managing Director of Law Debenture, a role she took on in 2002. Previously Chief Operating Officer of Novae Group between 1997 and 2001. Prior to this she worked in various positions at NM Rothschild & Sons and then as Finance Director from 1995 to 1997.

Early career with KPMG. Chartered Accountant.

96

PRIVATE EQUITY

IAN LOBLEY - 3I INFRASTRUCTURE PLC Currently sits on the Board of Bestinvest Group, a role he took on in 2010, and has been a Partner of the Asset Management Group at 3i since 1994. Previously Director at a number of private companies, including EUSA Pharma, Sulake Corporation, CRF Health, Vette Corp, Netronome Systems, and Psytechnics. Former Board roles at Nujira, Cloud Networks, Cambridge Semiconductor, Intense and Ipanema Technologies, and DiBcom. Early career at 3i Group and BOC Group.

REAL ESTATE

EDWARD BONHAM CARTER - LAND SECURITIES GROUP PLC Currently Vice Chairman of Jupiter Fund Management, a role he took on in 2014. Previously Group Chief Executive Officer of Jupiter Fund Management between 2010 and 2014, and Chief Investment Officer from 1999 to 2010. Prior to that he was Fund Manager for Electra Private Equity, and Fund Manager for Schroders. He has also sat on the Boards of Jupiter Split Trust, JST Securities, and Orlando.

MENDY BUDE - DAEJAN HOLDINGS PLC Founding Partner of Bude Nathan Iwanier, a firm of solicitors specialising in property law. Experience across commercial property law. Early career with Berwin Leighton.

THE CLASS OF 2014

97

REAL ESTATE

IAN BULL - ST MODWEN PROPERTIES PLC Currently Chief Financial Officer of Ladbrokes, a role he took on in 2011.

Previously he was Financial Director of Greene King between 2006 and 2011. Prior to that he gained digital experience as Chief Executive Officer of the Retail Enterprise Division at BT and Chief Financial Officer of BT Retail, and held several senior finance positions at the Walt Disney Company and Whitbread. Chartered Accountant.

TRUDI CLARK - F&C COMMERCIAL PROPERTY TRUST LTD Currently a Director at David Rubin & Partners, a role she took on in 2009, and sits on the Board of Sapphire (PCC), a role she took on in 2010. Formerly worked at Schroders for 10 years in a variety of roles, including Director of the Banking Division and Division Manager of Offshore Private Bank. Chartered Accountant.

MELVYN EGGLENTON - HANSTEEN HOLDINGS PLC Currently Chairman of Pendragon, a role he took on in 2013, and sits on the Board of Irwin Mitchell, a role he took on in 2012. Prior to this he worked at KPMG for more than 30 years in various positions, including Senior Partner (Birmingham), Chief Officer (Birmingham), Head of Middle Markets, and Midlands Chairman. Chartered Accountant.

98

REAL ESTATE

JOHN GLEN - TR INVESTMENT PROPERTY TRUST PLC Currently Chairman of Alba Trees and Chief Executive Officer of Buccleuch Group; he also sits on the Board of BIC. Previously he worked at Air Liquide for eight years as Chief Financial Officer between 2000 and 2008. Prior to that he worked in various positions for Unilever France, including Senior Management positions in the United States, Germany, and the UK, as well as Vice President of Finance.

Chartered Accountant.

CRESSIDA HOGG CBE - LAND SECURITIES GROUP PLC Currently Head of Infrastructure at Canada Pension Plan Investment Board. Most recently sat on the Boards of Anglian Water Group and Osprey Acquisitions. She was also Managing Partner of 3i Infrastructure, which she co-founded in 2005. She joined 3i Group in 1995 and held various positions, including Senior Partner and Member of the Leadership Team from 2010 to 2014. Early career at JP Morgan.

STEPHEN HUBBARD - WORKSPACE GROUP PLC Currently UK Regional Chairman responsible for Capital Markets and Real Estate Finance at CBRE Group, a role he took on in 2013. He is also currently the Chairman of the London Business Network and Advisor at Redevco. He joined CBRE in 1976 and since then has held a number of senior executive roles at the business.

THE CLASS OF 2014

99

REAL ESTATE

CHARLES PHILIPPS - GREAT PORTLAND ESTATES PLC Currently Group Chief Executive at Amlin, a role he took on in 1999. He served as President of the Insurance Institute of London from 2008 to 2009. Before that he was Group Financial Director of Amlin between 1997 and 1999, and held various positions at Natwest between 1983 and 1997. Chartered Accountant.

PATRICK VAUGHAN - LONDONMETRIC PROPERTY PLC Currently sits on the Boards of Meadowhall Finance and MSC Property Intermediate Holdings, both roles he took on in 2009. Previously Chief Executive Officer of Londonmetric Property between 2010 and 2013, and Executive Chairman from 2013 to 2014. Prior to that he was Chief Executive Officer of Pillar Property and then sat on the Board of British Land after it acquired Pillar Property in 2005. He sat on the Board of London & Stamford Investments, which he also co-founded, between 2006 and 2011. Before that he was Chief Executive Officer of Arlington, which he also co-founded in 1976.

ROSALYN WILTON - LONDONMETRIC PROPERTY PLC Currently sits on the Boards of Axa, a role she took on in 2012, and Optos, a role she took on in 2007. Previously Chairman of Ipreo Holdings between 2006 and 2009. A group formed following the merger of i-Deal and Hemscott; before the merger, she was Chief Executive Officer of Hemscott. Prior to that she worked in various positions for Reuters Transaction Services from 1990 to 1999, most recently as Managing Director. She has also served as Senior Advisor to 3i Investments and Providence Equity Partners. Early career with Drexel Burnham Lambert.

100

REAL ESTATE

REBECCA WORTHINGTON - HANSTEEN HOLDINGS PLC Currently Chief Executive Officer and Founder of Lodestone Capital Partners, a role she took on in 2012, and sits on the Board of AGA Rangemaster Group, a role she took on in 2013. Previously she worked in various positions at Quintain Estates and Development, including Deputy Chief Executive Officer, Financial Director, Company Secretary, and Group Accountant between 1998 and 2012. Prior to that she worked as Financial Controller for Britton Group from 1997 to 1998.

Early career at PricewaterhouseCoopers. Chartered Accountant.

SOFTWARE & COMPUTER SERVICES

DAVID GOLOB - MICRO FOCUS INTERNATIONAL PLC Currently serves on the Boards of Proper Marketplace, Barracuda Networks, GXS Worldwide, and Attachmate Group. As an executive, serves as a Partner at Francisco Partners which he joined in 2001.

Formerly Managing Director of Tiger Management and Co-Head of the Global Technology Group between 1998 and 2000. Prior to that, he spent more than 10 years with General Atlantic Partners and Sutter Hill Ventures in investment roles. Early career with McKinsey & Company.

INNA KUZNETSOVA - SAGE GROUP PLC Most recently Chief Commercial Officer and Head of Sales and Marketing at CEVA Logistics between 2012 and 2014. She has nearly 20 years of experience working at the executive level in business technology and consulting at International Business Machines (IBM).

Her various positions between 1993 and 2012 include Vice President of Sales and Marketing, Director of Linux Strategy, Marketing Planning and Execution, and Manager of Integrated Marketing Communications.

THE CLASS OF 2014

101

SPECIALTY & OTHER FINANCE

ZARINA BASSA - INVESTEC PLC Currently Chairman of Woolworths Financial Services and sits on a number of Boards, including Woolworths Holdings, Oceana Group, Sun International, Kumba Iron Ore, Senwes, and Vodacom. Previously Vice Chairman of ABSA Retail Bank after working as Managing Executive for Absa Bank between 2000 and 2008. Prior to that she worked for more than 15 years at Ernst & Young in various positions across the UK and South Africa, including as Partner and then Chief Operating Officer of Sub-Saharan Africa. Chartered Accountant.

JONATHON BOND - JUPITER FUND MANAGEMENT PLC Currently Chairman and Executive Director at Skagen Group, a role he took on in 2013. Previously Partner and Head of Investor Development at Actis between 2004 and 2013, and a Representative Board Member of Bharti Airtel Africa from 2002 to 2005. He was Managing Director of Investor Development at CDC Group between 2001 and 2004, and Founding Director of HSBC Private Equity Management from 1994 to 2001. Early career in various positions at Electra Private Equity Partners and Bain & Company.

SHARON BOWLES - LONDON STOCK EXCHANGE GROUP PLC Currently a Member of the European Parliament in the UK Office of the European Parliament, a role she took on in 2005. Was previously also Chairman of the European Economic and Monetary Affairs Committee between 2005 and 2012. Formerly served as Vice President of Liberal International and Director of the Liberal Democrat Party. Before that she was a Partner at Bowles Horton from 1981 to 2005. Early career as a Researcher of Semiconductor Materials and Devices at Oxford University.

102

SPECIALTY & OTHER FINANCE

SHERRY COUTU - LONDON STOCK EXCHANGE GROUP PLC Currently sits on the Boards of Zoopla and Cambridge University Press and is Advisor to Care2.com, LinkedIn, CAP Partners, and Cutec.

Previously Advisor to LOVEFiLM International, AlertMe.com, and Seedcamp. Prior to that she was Director of the National Archives at the Public Records Office between 2004 and 2007. During this time she also sat on the Boards of New Energy Finance, Library House, RM Plc, and Jarvis. Before that she was Chief Executive Officer, Chairman, and Founder of Henderson Investors from 1995 to 2000. Early career with Coopers & Lybrand and Andersen Consulting.

PROF LYNNE GLADDEN CBE - IP GROUP PLC Currently Pro Vice Chancellor of the University of Cambridge and sits on the Board of Cambridge Enterprise, both roles she took on in 2010. Also currently a Visiting Professor at the University of California.

Previously held a number of roles at the University of Cambridge, including Head of the Chemical Engineering and Biotechnology Department. Between 1998 and 2008 she worked as an Advisor and then Senior Consultant for Unilever. Chartered Engineer and Chartered Chemist.

ALISON HALSEY - PROVIDENT FINANCIAL PLC Currently Managing Partner of Super Duper Farm, a role she took on in 2011, and sits on the Boards of both Teachers Assurance and Cambian Group, a role she took on in 2014. Previously she was Senior Partner of the Corporate Social Responsibility and Charity practices at KPMG, engaged in strategy setting, programme management, external spokesman roles, and client advisory and audit responsibilities.

She worked at KPMG for more than 30 years, specialising in financial services with audit and advisory responsibilities for UK and international banks. Chartered Accountant.

THE CLASS OF 2014

103

SPECIALTY & OTHER FINANCE

CHARLES JACOBS - INVESTEC PLC Currently Senior Partner at Linklaters, for whom he has worked in various positions since 1990. He is Head of the Global Mining team and specialises in public and private M&A, capital raising, initial public offerings, joint ventures, and other corporate work.

COLIN KEOGH - VIRGIN MONEY HOLDINGS PLC Currently serves on the Boards of Brait, Greenheart Group, and New World Resources. Formerly was Chief Executive Officer and Executive Director at Close Brothers between 1995 and 2009. Early career with Arthur Andersen.

DOUGLAS LIVERSIDGE - IP GROUP PLC Currently Chairman of Surgical Innovations Group and sits on the Board of Fusion IP. Previously Chairman of Fusion IP between 2004 and 2014 and Chairman of Medilink Yorkshire and Humber. Before that he was Chief Executive Officer of GW Thornton Holdings. Spent more than 20 years at British Steel in various positions, including Chief Quality Manager.

104

SPECIALTY & OTHER FINANCE

JAMES LOCKHART III - VIRGIN MONEY HOLDINGS PLC Currently serves on the Boards of Bank of the Cascades and WL Ross & Company. Previously he spent a number of years with the US Government in a series of Presidential-appointed positions between 2002 and 2008, including Chairman and Chief Executive Officer of the Oversight Board of the Federal Housing Finance Agency.

Between 2002 and 2006 he served as the Deputy Commissioner and Chief Operating Officer of the Social Security Administration, and as Secretary to the Social Security Board of Trustees. Early career in investment banking with Smith Barney & Company.

THE RT. HON. LORD GEORGE MALLOCH BROWN - INVESTEC PLC Currently regional Chairman of FTI Consulting for Europe, Middle East, and Africa, and sits on the Boards of Seplat Petroleum Development, Kerogan Capital, DPI, and Southwest Energy. Previously Chairman of Global Affairs for FTI Consulting between 2010 and 2011. Prior to that he was Minister of State, responsible for Africa, Asia, and the United Nations for the UK Foreign and Commonwealth Office from 2007 to 2009. He was also Vice Chairman of Soros Fund Management and The Open Society Institute. Before that he worked for nearly 10 years at the United Nations in various positions, including Deputy Secretary General, and at the World Bank as Vice President of External Affairs. Prior to this he was Lead International Partner of Sawyer Miller between 1986 and 1994. Early career with The Economist.

KATHRYN PURVES - INTERMEDIATE CAPITAL GROUP PLC Currently Chief Risk Officer at Partnership Assurance Group, a role she took on in 2013. Previously she was Commercial Director at Partnership Holdings; she also served as a Consultant and Investment Manager at Phoenix Equity Partners before that. Early career at UBS and Deutsche Bank.

THE CLASS OF 2014

105

SPECIALTY & OTHER FINANCE

CATHRYN RILEY - INTERNATIONAL PERSONAL FINANCE PLC Currently sits on the Board of Equitable Life Assurance Society, a role she took on in 2009. Previously worked in a number of positions for Aviva between 1996 and 2013, including Chief Operating Officer, Chief Information Officer, Commercial Director, and Division Chairman for Global Services. She sat on a number of Boards from 2003 to 2009, including CGNU Life Assurances, Commercial Union Life Assurance, Halifax Life, National Westminster Life Assurance, RBS Collective Insurance Funds, and Royal Scottish Assurance. Earlier Career with the likes of BUPA, Coopers & Lybrand, and British Airways.

DAVID SHALDERS - TULLETT PREBON PLC Currently Group Operations & Technology Director of Willis Group Holdings, a role he took on in 2013. Previously worked at Royal Bank of Scotland Group in a number of roles between 1994 and 2013, including Chief Logistics Officer, Chief Operating Officer of Global Banking and Financial Markets Division, and Head of Derivative Operating for NatWest Markets. Prior to that he worked for JP Morgan, having started his career at Accenture as an IT consultant from 1989 to 2002.

KHUMO SHUENYANE - INVESTEC LTD Currently sits on the Board of Famous Brands, a role he took on in 2014. Previously he was the Head of Mergers and Acquisitions for MTN Group in 2013 and the Group Chief Strategy Officer from 2007 to 2013.

Prior to that he was Head of Investments at Investec Bank between 1998 and 2007. He also worked in various positions at Investec from 1998 to 2005. Early career at Arthur Andersen. Chartered Accountant.

106

SPECIALTY & OTHER FINANCE

KORY SORENSON - PHOENIX GROUP HOLDINGS Currently sits on the Boards of Scor and Uniqa Insurance Group.

Previously Managing Director and Head of Insurance Capital Markets at Barclays Bank between 2005 and 2010, where she managed a team responsible for client advisory and relationship management for the European insurance sector. Prior to that she was Director of Insurance, responsible for Continental European Insurance Coverage for Credit Suisse from 2001 to 2005. Before that she worked at Lehman Brothers as Director for Financial Institutions in Germany, Austria, and Holland.

Early career at Morgan Stanley and Commerz Financial Products.

CAROLINE TAYLOR - BREWIN DOLPHIN HOLDINGS PLC Most recently held various roles at Goldman Sachs Asset Management between 1998 and 2012, including Director of Fund Management and Global Head of Fundamental Equity Execution, where she built and managed the global portfolio construction and trading team. Prior to that she was Head of Trading and Pan European Equity Trading at Gartmore Investment Management.

TELECOMMUNICATIONS SERVICES

OLIVIER BAUJARD - COLT GROUP SA Currently Chief Executive Officer of Segula Technologies Group, a role he took on in 2012, and sits on the Board of Wholesale Applications Community, a role he took on in 2010. Previously he was Chief Technology Officer for Deutsche Telekom between 2009 and 2012. He worked for Alcatel-Lucent for more than 20 years in various positions, including Chairman and Chief Executive Officer of Alcatel-Lucent France as well as Chief Technology Officer and Senior Vice President of Corporate Strategy. Early career with French Government.

THE CLASS OF 2014

107

TELECOMMUNICATIONS SERVICES

GENERAL CLAUDE KEHLER - INMARSAT PLC Formerly held a number of roles with the US Air Force between 1975 and 2014. He was responsible for the plans and operations for all US forces conducting strategic deterrence and the Department of Defence’s space and cyberspace operations.

JOHN (GERRY) MURPHY - DIXONS CARPHONE PLC Currently serves on the Board of Capital & Counties Properties, where he was appointed in 2015. Formerly an Audit Partner at Deloitte between 2002 and 2013. Qualified as an Auditor with Arthur Andersen.

TOBACCO

MING (SAVIO) SANG KWAN - BRITISH AMERICAN TOBACCO PLC Currently Chief Executive Officer and Partner of Al-Katib Consulting, which he founded in 2005. He was an Independent Director at Alibaba. com between 2008 and 2012 and prior to that he worked in various positions for Alibaba Group including Consultant, Chief People Officer, and Chief Operating Officer. Before that he was General Manager of the Medical Systems Division at General Electric, where he was responsible for the establishment of joint venture companies in the Asia region. Research in addition to more than 20 years as a practising consultant radiologist.

108

TRANSPORT

DR ANDREAS BIERWIRTH - EASYJET PLC Currently Managing Director of T-Mobile Austria, a role he took on in 2012. Previously Chief Commercial Officer and Co-Chief Executive Officer for Austrian Airlines between 2008 and 2012. Prior to that he was Vice President of Marketing for Deutsche Lufthansa from 2006 to 2008. Formerly Deputy Managing Director and then Managing Director at Germanwings between 2002 and 2006. He was also Managing Director for Westair from 2001 to 2002.

WARWICK BRADY - FIRST GROUP PLC Currently Chief Operating Officer of EasyJet, a role he took on in 2011, and sits on the Board of NATS Holdings, a role he took on in 2013.

Previously he was Group Director of Operations and Procurement Director at EasyJet between 2009 and 2011. Prior to that he was the Chief Executive Officer and Managing Director of PT Mandala Airlines as well as the Chief Operating Officer of Deccan Charters. Before that he was Deputy Director of Operations at Ryanair Holdings. Early career at Britannia Airways.

JANE KINGSTON - NATIONAL EXPRESS GROUP PLC Currently Group Director of Human Resources at Compass Group, a role she took on in 2006. She worked as Human Resources Director for a number of companies between 2000 and 2006, including BPB, Enodis, and Caradon Plumbing Solutions. Prior to that she worked at Blue Circle as Human Resources Director for the Heating Division and International Operations from 1992 to 2000, after working as Human Resources Director at Potterton Myson. She was a Manager at Coats between 1982 and 1992.

THE CLASS OF 2014

109

TRANSPORT

MARIA FERNANDA MEJIA - INTERNATIONAL CONSOLIDATED AIRLINES GROUP PLC Currently President of Kellogg Latin America and a Member of Kellogg Company’s Global Leadership Team. Previously she worked for more than 20 years at Colgate-Palmolive in a number of positions, including Corporate Vice President of Marketing in Europe and South Pacific, Global Business Development, and Chief Executive Officer of ColgatePalmolive Spain.

FRANÇOIS RUBICHON - EASYJET PLC Currently Executive Vice President of Human Resources for Société Française Du Radiotéléphone, a role he took on in 2013. Previously he was the Chairman of Media Aéroports de Paris between 2011 and 2012, having served as Deputy Chief Executive Officer and Chief Operating Officer for Aéroports de Paris from 2005 to 2012. He worked in various positions for the French Ministry of Transport, Infrastructure, Tourism, and the Sea, as well as the French Local Government, between 2002 and 2005. Prior to that he was the Chief Executive Officer of GeoPost from 2000 to 2002. Early career with La Poste.

110

UTILITIES - OTHER

AEDAMAR COMISKEY - FISHER (JAMES) & SONS PLC Currently Partner and Co-Head of Global Retail Sector at Linklaters, a role she took on in 2014. She specialises in public and private mergers & acquisitions transactions and joint ventures, with her primary focus on the financial services sector. Previously was Assistant Solicitor at Linklaters between 1992 and 2014.

NEIL COOPER - PENNON GROUP PLC Currently Group Finance Director of William Hill, a role he took on in 2010. Also currently serves on the Board of Satellite Information Services. Previously Group Finance Director of Bovis Homes Group between 2007 and 2008 and prior to that was Group Financial Controller for Whitbread from 1998 to 2007. Early career with PricewaterhouseCoopers. Qualified Management Accountant.

DR ANGELA RE STRANK - SEVERN TRENT PLC Currently Chief Scientist at BP, having previously served as Technology Vice President for Lubes and Fuels at BP from 2008 to 2014. Previously Manager of Business Development at BP between 1989 and 2008, and Geologist and Biostratigrapher from 1982 to 1989. Early career as Research Assistant at the University of Manchester.

THE CLASS OF 2014

111

Male/ Female

Former CEO

Digital

Index Committee

Maarit Aarni-Sirvio

Berendsen Plc (Q)

FTSE250

F

N

N

A, R, N

40

Doctor Ayesha Mohammed Abdullah

NMC Health Plc

FTSE250

F

Y

N

--

61

Antoinette Petronella Aris

Thomas Cook Group Plc

FTSE250

F

N

N

--

78

James Arnell

Saga Plc

FTSE250

M

N

N

--

65

Carol Arrowsmith

Compass Group Plc

FTSE100

F

N

N

A, R(Ch), N

78

Doctor Philip Augar

TSB Banking Group Plc

FTSE250

M

N

N

R, N, Rsk

35

Vinita Bali

Smith & Nephew Plc

FTSE100

F

Y

N

--

62

Caroline Banszky

3i Group Plc

FTSE100

F

N

N

--

95

David Barton

BH Macro Ltd

FTSE250

M

N

N

--

72

Abdulrahman Basaddiq

NMC Health Plc

FTSE250

M

N

N

--

62

Kirsty Bashforth

Kier Group Plc

FTSE250

F

N

N

A, R, N, Rsk, Other

44

Zarina Bassa

Investec Plc

FTSE250

F

N

N

--

101

Olivier Baujard

Colt Group SA

FTSE250

M

Y

N

A, R

106

Lucinda Bell

Rotork Plc

FTSE250

F

N

N

A, R, N

52

Doctor Andreas Bierwirth

EasyJet Plc

FTSE100

M

Y

N

Other

108

Jaspal Bindra

Reckitt Benckiser Group Plc (Q)

FTSE100

M

Y

N

A, N

42

Salma Ali Bin Hareb

NMC Health Plc

FTSE250

F

Y

N

--

62

Dominic Blakemore

Shire Plc (Shire Ltd prior to 10/2008) (Q)

FTSE100

M

N

N

A(Ch), Rsk(Ch)

94

Colonel Andrew Blowers

AA Plc

FTSE250

M

Y

Y

A, R, N, Rsk(Ch)

65

Individual Name

Current Organisation Name

Current Index

Page #

Male/ Female

Former CEO

Digital

112

Committee

Harold Boel

Caledonia Investments Plc

FTSE250

M

Y

N

--

72

Jonathon Bond

Jupiter Fund Management Plc

FTSE250

M

N

N

N

101

Edward Bonham Carter

Land Securities Group Plc (Q)

FTSE100

M

Y

N

R

96

Anthony Rhys Bourne

Spire Healthcare Group Plc

FTSE250

M

Y

N

A, R(Ch), Rsk, Other

63

Laurel Bowden

Just Eat Plc

FTSE250

F

N

Y

--

49

Sharon Bowles

London Stock Exchange Group Plc

FTSE100

F

N

N

--

101

Carolyn Bradley

Marston's Plc

FTSE250

F

N

Y

--

78

Warwick Brady

First Group Plc

FTSE250

M

Y

N

--

108

Simon Breakwell

AA Plc

FTSE250

M

N

Y

R(Ch), N

66

Diana BrightmoreArmour

Berkeley Group Holdings Plc

FTSE250

F

Y

Y

--

45

Alison Brittain

Marks & Spencer Group Plc (Q)

FTSE100

F

N

N

A, N

56

Janice Brown

Wood Group (John) Plc (Q)

FTSE250

F

N

N

A(Ch), N

92

Doctor Christine Browne

Bovis Homes Group Plc (Q)

FTSE250

F

N

N

A, R, N

45

Gianluca Brozzetti

Jimmy Choo Plc

FTSE250

M

Y

N

R, N, Other

42

Jorge Bruck

Antofagasta Plc

FTSE100

M

Y

N

A, Rsk

87

Aaron Bude

Daejan Holdings Plc

FTSE250

M

N

N

--

96

Ian Bull

St. Modwen Properties Plc

FTSE250

M

N

N

--

97

Ian Burke

Rank Group Plc

FTSE250

M

Y

N

A, N(Ch), Other

79

Pat Butler

Hikma Pharmaceuticals Plc

FTSE250

M

N

N

A, N, Other

94

Ann Cairns

AstraZeneca Plc

FTSE100

F

Y

N

A

94

Anne Marie Cannon

Premier Oil Plc (Q)

FTSE250

F

N

N

--

92

Brian Carpenter

Amlin Plc

FTSE250

M

Y

N

--

66

Brian Carroll

Pets At Home Group Plc

FTSE250

M

N

N

N

57

Individual Name

Current Organisation Name

Current Index

Page #

THE CLASS OF 2014

Male/ Female

Former CEO

Digital

113

Committee

Trudi Clark

F&C Commercial Property Trust Ltd

FTSE250

F

Y

N

A, N, Other

97

Megan Clark

Rio Tinto Plc

FTSE100

F

Y

N

N, Other

87

Peter Clarke

Lancashire Holdings Ltd

FTSE250

M

Y

N

A, Other

66

Paul Coby

Pets At Home Group Plc

FTSE250

M

N

N

A, N, Rsk

57

Christine Coignard

Polymetal International Plc

FTSE250

F

N

N

A, R, N, Rsk

87

Aedamar Comiskey

Fisher (James) & Sons Plc

FTSE250

F

N

N

--

110

Brendan Wynne Connolly

Synthomer Plc (Q)

FTSE250

M

Y

N

A, R(Ch)

41

Neil Cooper

Pennon Group Plc

FTSE250

M

N

N

A(Ch), R, N, Other

110

Elizabeth Corley

Pearson Plc

FTSE100

F

Y

N

R, N

83

Graeme Coulthard

Card Factory Plc

FTSE250

M

N

N

--

57

Sherry Leigh Coutu

London Stock Exchange Group Plc & Zoopla Property Group Plc

FTSE100

F

Y

Y

A, R(Ch)

84, 102

Sally Cowdry

Restaurant Group Plc

FTSE250

F

N

N

--

79

Zoe Cruz

Old Mutual Plc

FTSE100

F

N

N

R, Rsk

81

Enrico Cucchiani

RSA Insurance Group

FTSE100

M

Y

N

R, Rsk

67

Stephen Daintith

Zoopla Property Group Plc

FTSE250

M

N

N

A

84

Pamela Daley

BG Group Plc (Scentoffice Ltd prior to 09/1999)

FTSE100

F

N

N

--

92

Doctor Michael Daly

Tullow Oil Plc (Q)

FTSE250

M

N

N

A, R

93

John Daly

Wolseley Plc (Q)

FTSE100

M

N

N

A, R, N

45

Steven Daniels

St. James's Place Plc

FTSE100

M

N

N

Other

82

Lisa Davis

Spectris Plc

FTSE250

F

N

N

--

51

Barbara Garza Gonda de Braniff

Fresnillo Plc

FTSE100

F

Y

N

N

88

Doctor Claus-Michael Dill

Catlin Group Ltd

FTSE250

M

Y

N

A, N, Other

67

Individual Name

Current Organisation Name

Current Index

Page #

Current Organisation Name

Current Index

Male/ Female

Former CEO

Digital

114

Committee

Doctor Nobuhle Dlamini

Anglo American Plc (Q)

FTSE100

F

N

N

A

88

Doctor Lynn Drummond

RPC Group Plc

FTSE250

F

N

N

--

50

Melvyn Egglenton

Hansteen Holdings Plc

FTSE250

M

N

N

A, R

97

The Hon. Martin Ferguson

BG Group Plc (Scentoffice Ltd prior to 09/1999)

FTSE100

M

N

N

Other

93

Andrew Fisher

Moneysupermarket.com Group Plc

FTSE250

M

Y

Y

R, N

84

Mark Fisher

TSB Banking Group Plc

FTSE250

M

N

N

--

35

Jean-Paul Fontbona

Antofagasta Plc

FTSE100

M

Y

N

N(Ch)

88

Per Franzen

SSP Group Plc

FTSE250

M

N

N

N

55

Sir Richard Friend

Oxford Instruments Plc

FTSE250

M

N

N

--

52

Morten Friis

Royal Bank of Scotland Group Plc

FTSE100

M

N

N

A, N, Rsk

35

Helena Ganczakowski

Croda International Plc (Q)

FTSE250

F

N

N

A, R, N

41

Hans-Peter Gerhardt

Brit Plc

FTSE250

M

Y

N

R(Ch), Other(Ch)

67

Professor Lynn Gladden

IP Group Plc

FTSE250

F

N

N

A, R, N

102

John Glen

TR Property Investment Trust Plc (Q)

FTSE250

M

Y

N

A, Other

98

Catherine Glickman

Marston's Plc

FTSE250

F

N

N

R

79

Doctor Alison Goligher

Meggitt Plc

FTSE100

F

N

N

--

34

David Golob

Micro Focus International Plc

FTSE250

M

N

N

--

100

Stephen Good

Elementis Plc

FTSE250

M

Y

N

A, R, N

41

Olivier Goudet

Jimmy Choo Plc

FTSE250

M

N

N

--

42

Sucheta Govil

Domino Printing Sciences Plc

FTSE250

F

N

N

--

52

Helen Foster Green

John Laing Infrastructure Fund

FTSE250

F

N

N

--

72

Theresa Green

Pets At Home Group Plc

FTSE250

F

N

N

R, N

58

Andrew Griffith

Just Eat Plc

FTSE250

M

N

N

A, R, N

49

Individual Name

Page #

THE CLASS OF 2014

Male/ Female

Former CEO

Digital

115

Committee

Ian Griffiths

DS Smith Plc (Q)

FTSE250

M

N

N

A, R, N

50

Alison Halsey

Provident Financial Plc

FTSE250

F

N

N

A, R, N, Rsk

102

David Hardie

Murray International Trust Plc

FTSE250

M

N

N

--

73

Paula Hay-Plumb

Aberforth Smaller Companies Trust Plc

FTSE250

F

Y

N

--

73

Denis Hennequin

SSP Group Plc

FTSE250

M

Y

N

A, R, N

55

Simon Henry

Lloyds Banking Group Plc

FTSE100

M

N

N

A, Rsk

36

Kevin Higgins

Domino's Pizza Group Plc (Q)

FTSE250

M

Y

N

A, R(Ch)

80

Cressida Hogg

Land Securities Group Plc (Q)

FTSE100

F

N

N

A

98

Beatrice Hollond

Templeton Emerging Markets Investment Trust Plc

FTSE250

F

N

N

A, Other

73

Benjamin Holmes

Just Eat Plc

FTSE250

M

N

Y

--

49

William Holroyd

AO World Plc

FTSE250

M

Y

Y

A, R(Ch)

58

Robin Hooper

Saga Plc

FTSE250

M

N

N

--

68

Christopher Hopkinson

AO World Plc

FTSE250

M

N

Y

N

58

Stephen Hubbard

Workspace Group Plc

FTSE250

M

N

N

--

98

Maarten Hulshoff

Brit Plc

FTSE250

M

Y

N

A, Rsk, Other

68

Ian Hunter

Scottish Investment Trust Plc

FTSE250

M

N

N

A, R

74

Professor Janet Husband

Spire Healthcare Group Plc

FTSE250

F

N

N

A, N, Rsk, Other

63

Adiba Ighodaro

Old Mutual Plc

FTSE100

F

N

N

A

82

Ipe Jacob

Brit Plc

FTSE250

M

Y

N

A(Ch), Rsk(Ch), Other

68

Charles Jacobs

Fresnillo Plc and Investec Plc (Q)

FTSE100

M

N

N

R(Ch)

89, 103

Ebbe Jacobsen

Domino's Pizza Group Plc (Q)

FTSE250

M

Y

N

--

80

Sebastian James

Direct Line Insurance Group Plc

FTSE100

M

Y

N

R, Other

69

Simon Jeffreys

St. James's Place Plc

FTSE100

M

N

N

A(Ch)

82

Individual Name

Current Organisation Name

Current Index

Page #

Male/ Female

Former CEO

Digital

116

Committee

Andrew Jennings

Ted Baker Plc (Q)

FTSE250

M

Y

N

A, R, N

59

Dyfrig John

Lloyds Banking Group Plc

FTSE100

M

Y

N

R, Rsk

36

Timothy Jones

Poundland Group Plc

FTSE250

M

N

N

A(Ch), Rsk(Ch)

59

Jemal-ud-din Kassum

Randgold Resources Ltd (Q)

FTSE100

M

N

N

A, N

89

General Claude Kehler

Inmarsat Plc

FTSE250

M

N

N

R

107

Colin Keogh

Virgin Money Holdings Plc

FTSE250

M

Y

N

A, N, Rsk(Ch), Other

103

Sachin Khajuria

Brit Plc

FTSE250

M

N

N

A, Rsk, Other

69

Naguib Kheraj

Standard Chartered Plc

FTSE100

M

Y

N

A(Ch), Rsk

36

Jane Kingston

National Express Group Plc (Q)

FTSE250

F

N

N

R, Other

108

Inna Kuznetsova

Sage Group Plc (Q)

FTSE250

F

N

N

A, R, N

100

Ming Sang Kwan

British American Tobacco Plc

FTSE100

M

Y

Y

N, Other

107

Silvia Dias Lagnado

Britvic Plc

FTSE250

F

N

N

--

38

Professor Michael L'Estrange

Rio Tinto Plc

FTSE100

M

N

N

N

89

Julia Le Blan

Aberforth Smaller Companies Trust Plc (Q)

FTSE250

F

N

N

A

74

Stephen le Page

Bluecrest All Blue Fund Ltd

FTSE250

M

N

N

A(Ch)

76

Doctor Yun Liu

Arm HLDGS Plc

FTSE100

M

N

Y

--

65

Douglas Liversidge

IP Group Plc

FTSE250

M

Y

N

--

103

Ian Lobley

3i Infrastructure Plc

FTSE250

M

N

N

--

96

James Lockhart III

Virgin Money Holdings Plc

FTSE250

M

Y

N

N

104

Gernot Lohr

Brit Plc

FTSE250

M

N

N

R, N, Other

69

Gervase MacGregor

Millennium & Copthorne Hotels Plc

FTSE250

M

N

N

A(Ch)

80

John Makinson

RIT Capital Partners Plc

FTSE250

M

Y

N

A, Rsk

74

Individual Name

Current Organisation Name

Current Index

Page #

THE CLASS OF 2014

Male/ Female

Former CEO

Digital

117

Committee

The Rt. Hon. Lord George MallochBrown

Investec Plc

FTSE250

M

N

N

--

104

Professor, Dr. Duncan Maskell

Genus Plc

FTSE250

M

N

N

A, R, N

95

Matshidiso Matloa

Petra Diamonds Ltd

FTSE250

F

Y

N

A

90

John McConnell

UBM Plc (Q)

FTSE250

M

Y

N

A(Ch), N

85

Paul McCrudden

Card Factory Plc

FTSE250

M

N

Y

A, R, N, Rsk

59

Mary McDowell

UBM Plc

FTSE250

F

N

N

R, N

85

Ian McHoul

Britvic Plc

FTSE250

M

N

N

A(Ch), R, N

39

Ross McInnes

IMI Plc

FTSE100

M

N

N

A(Ch)

53

Norman McLuskie

Virgin Money Holdings Plc

FTSE250

M

N

N

A(Ch), R, N, Rsk, Other

54

Mark McNicholas

Kennedy Wilson Europe Real Estate Plc

FTSE250

M

N

N

A, N(Ch), Other

75

Maria Fernanda Mejia

International Consolidated Airlines Group SA

FTSE100

F

Y

N

R

109

Nicola Mendelsohn

Diageo Plc

FTSE100

F

N

Y

A, R, N

39

Patrice Merrin

Glencore Plc

FTSE100

F

Y

N

Other

90

Andrew Miller

AA Plc

FTSE250

M

Y

N

A, R, N

70

Therese Miller

Galliford Try Plc

FTSE250

F

N

N

A, R, N

46

Doctor Heidi Miller

HSBC Holdings Plc

FTSE100

F

N

N

Rsk, Other

37

Henri Moissinac

Just Eat Plc

FTSE250

M

N

Y

A, R, N

50

Paul Moody

Pets At Home Group Plc

FTSE250

M

Y

N

A, R

60

Octavia Morley

Card Factory Plc

FTSE250

F

N

N

A, R, N, Rsk

60

Harry Morley

Mercantile Investment Trust Plc

FTSE250

M

N

N

--

75

Judith Mosely

Blackrock World Mining Trust Plc

FTSE250

F

N

N

A, Other

75

Gerard Murphy

Dixons Carphone Plc

FTSE100

M

N

N

A, R

107

Francis Nelson

HICL Infrastructure Co Ltd

FTSE250

M

N

N

--

76

Individual Name

Current Organisation Name

Current Index

Page #

Male/ Female

Former CEO

Digital

118

Committee

Stephanie Newby

Amec Foster Wheeler Plc

FTSE250

F

Y

N

A, Other

46

Mikael Ohlsson

Tesco Plc (Q)

FTSE100

M

Y

N

R, Other

55

Rakhi Parekh

Rightmove Plc

FTSE250

F

N

Y

--

85

Elizabeth Peace

Redrow Plc (Q)

FTSE250

F

Y

N

A, R, N, Other

46

Oliver Peterken

Amlin Plc

FTSE250

M

N

N

A, N, Rsk

70

Charles Philipps

Great Portland Estates Plc (Q)

FTSE250

M

Y

N

A, N, Rsk, Other

99

David Poulter

Jimmy Choo Plc

FTSE250

M

N

N

A, Rsk, Other

43

Ceri Michele Powell

Carillion Plc

FTSE250

F

N

N

A, R, N, Other

47

Alexandra Kinney Pritchard

TSB Banking Group Plc

FTSE250

F

N

N

A, Rsk(Ch)

37

Doctor Jaime Jose Serra Puche

Fresnillo Plc

FTSE100

M

N

N

A

90

Kathryn Purves

Intermediate Capital Group Plc

FTSE250

F

N

N

--

104

Simon Radford

Kennedy Wilson Europe Real Estate Plc

FTSE250

M

N

N

A(Ch), Other

76

Doctor Supraj Ram Rajagopalan

Spire Healthcare Group Plc

FTSE250

M

N

N

--

63

Jeff Randall

Babcock International Group Plc

FTSE100

M

N

N

A, R(Ch), N, Rsk

40

Peter Redfern

Travis Perkins Plc

FTSE100

M

Y

N

R, N

47

Mary Ricks

Kennedy Wilson Europe Real Estate Plc

FTSE250

F

Y

N

N

77

Peter Rigby

Betfair Group Plc

FTSE250

M

Y

N

A, R

81

Cathryn Riley

International Personal Finance Plc (Q)

FTSE250

F

Y

N

R

105

Miles Roberts

Poundland Group Plc

FTSE250

M

Y

N

A, R, N, Rsk

60

John Rogers

Travis Perkins Plc (Q)

FTSE100

M

N

N

A, R, N

47

Henk Rottinghuis

CRH Plc (Q)

FTSE100

M

N

N

--

48

Simon Rowlands

Spire Healthcare Group Plc

FTSE250

M

N

N

--

64

Francois Rubichon

EasyJet Plc

FTSE100

M

Y

N

R, N

109

Individual Name

Current Organisation Name

Current Index

Page #

THE CLASS OF 2014

Male/ Female

Former CEO

Digital

119

Committee

Kamil Salame

Brit Plc

FTSE250

M

N

N

A, Rsk, Other

70

Trevor Schultz

Centamin Plc

FTSE250

M

Y

N

Other

91

Susan Searle

QinetiQ Group Plc

FTSE250

F

Y

N

A, R, N, Rsk, Other

34

William Seeger Jr

Smiths Group Plc

FTSE100

M

N

N

A(Ch), R, N

53

Nicole Seligman

WPP Plc

FTSE100

F

N

N

R

86

David Shalders

Tullett Prebon Plc (Q)

FTSE250

M

N

N

R

105

FTSE250

M

N

N

--

71

Individual Name

Current Organisation Name

Charles Sherwood

Current Index

Page #

Binay Raghuram Shetty

NMC Health Plc

FTSE250

M

N

N

--

64

Sue Shim

Reckitt Benckiser Group Plc

FTSE100

F

N

N

A, N

43

Genevieve Shore

Moneysupermarket.com Group Plc

FTSE250

F

N

Y

A, R, N, Rsk

86

Khumo Shuenyane

Investec Ltd

FTSE250

M

N

N

--

105

Feike Sijbesma

Unilever Plc

FTSE100

M

N

N

--

56

Caroline Silver

PZ Cussons Plc

FTSE250

F

N

N

A, R, N

43

Daniel Silvers

BWIN.Party Digital Entertainment Plc

FTSE250

M

Y

N

--

81

Jacky Simmonds

Wolseley Plc (Q)

FTSE100

F

N

N

A, R(Ch), N

48

Robert Singer

Jimmy Choo Plc

FTSE250

M

Y

N

A, Rsk, Other

44

Louise Smalley

DS Smith Plc (Q)

FTSE250

F

N

N

A, R, N

51

Vagn Sørensen

SSP Group Plc

FTSE250

M

Y

N

N

56

Kory Sorenson

Phoenix Group Holdings

FTSE250

F

N

N

--

106

Julie Southern

Rentokil Initial Plc

FTSE250

F

N

N

A(Ch)

40

Vivianne Blanlot Soza

Antofagasta Plc

FTSE100

F

N

N

Other

91

Marilyn Spearing

Virgin Money Holdings Plc

FTSE250

F

N

N

A, R, Rsk, Other

54

Doctor Angela Re Strank

Severn Trent Plc (Q)

FTSE100

F

N

N

R, N, Other

110

David Stead

Card Factory Plc

FTSE250

M

N

N

A, R, N, Rsk(Ch)

61

Male/ Female

Former CEO

Digital

120

Committee

Gregor Stewart

Alliance Trust Plc

FTSE250

M

N

N

--

77

Alan Stewart

Diageo Plc

FTSE100

M

Y

N

A, R, N

39

Amy Stirling

Pets At Home Group Plc

FTSE250

F

N

N

A(Ch), R, N, Rsk(Ch)

61

Doctor Paola Subacchi

Scottish Mortgage Investment Trust Plc

FTSE250

F

N

N

A, N

77

Olaf Swantee

Legal & General Plc

FTSE100

M

Y

N

A, N

83

Doctor Nandini Tandon

NMC Health Plc

FTSE250

F

N

N

--

64

Caroline Helen Taylor

Brewin Dolphin Holdings Plc

FTSE250

F

N

N

A, R, N

106

Stephen Thieke

Barclays Plc

FTSE100

M

N

N

R, Rsk

38

Douglas Tough

Reckitt Benckiser Group Plc (Q)

FTSE100

M

Y

N

--

44

Hugo Tudor

Paragon Group of Companies

FTSE250

M

N

N

--

54

Nancy Tuor

Keller Group Plc

FTSE250

F

Y

N

A, R, Other

48

Roy Twite

Halma Plc

FTSE250

M

N

N

A, R, N

53

Lykele van der Broek

Genus Plc

FTSE250

M

Y

N

A, R, N

95

Patrick Vaughan

Londonmetric Property Plc

FTSE250

M

Y

N

N

99

Nicholas Walsh

Jardine Lloyd Thompson Group

FTSE250

M

Y

N

--

71

Gareth Williams

Saga Plc

FTSE250

M

N

N

A, R(Ch), N, Rsk

71

Polly Williams

TSB Banking Group Plc

FTSE250

F

N

N

A(Ch), R, Rsk

38

Rosalyn Wilton

Londonmetric Property Plc

FTSE250

F

Y

N

A

99

Patricia Woertz

Royal Dutch Shell Plc

FTSE100

F

Y

N

Other

93

Doctor Godwin Wong

RPC Group Plc

FTSE250

M

N

N

--

51

Rebecca Worthington

Hansteen Holdings Plc

FTSE250

F

Y

N

A, R

100

Katya Zotova

Vedanta Resources Plc

FTSE250

F

N

N

R, N

91

Individual Name

Current Organisation Name

Current Index

Page #

Š 2014 The Korn Ferry Institute

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