AO WORLD PLC — Board/Management Information 2015

Jan 30, 2015

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RNS Number : 6711D

AO World plc

30 January 2015

AO World plc

Remuneration Committee Change

Pursuant to Listing Rule LR 9.6.11(3), the Board of AO World plc ("the Company") announces that Brian McBride, senior independent non-executive director, will succeed Bill Holroyd, non-executive director, as Chair of the Remuneration Committee ("Committee") of the Company with effect from 1 February 2015. 

Bill Holroyd will remain as a member of the Committee. As he is a non-independent non-executive director, the composition of the committee will continue to be, in strict terms, contrary to provision D.2.1. of the UK Corporate Governance Code. The Board, however, believes that the appointment of Brian McBride as Chairman significantly strengthens the existing governance structure of the committee, while continuity is ensured with the on-going contribution of Bill Holroyd's significant experience and knowledge.

Enquiries:

AO World plc

Julie Finnemore

Company Secretary

Tel: +44(0)1204 672400

Tulchan Communications

Susanna Voyle

Michelle Clarke

Tel: +44(0) 20 7353 4200

This information is provided by RNS

The company news service from the London Stock Exchange

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