Drax Group PLC — Board/Management Information 2015

Nov 11, 2015

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RNS Number : 3142F

Drax Group PLC

11 November 2015

11 November 2015

Drax Group plc

(Symbol:DRX)

Directorate Changes

Drax announces that Peter Emery, Group Operations Director, will leave the Company and cease to be a director on 31 December 2015.  His departure follows the completion of the transition to the new executive management structure introduced earlier in the year. 

Drax also announces that Andy Koss, Chief Executive of Drax Power Limited, the Company's power generation business, has been appointed as a director of the Company with effect from 1 January 2016.

Phil Cox, Chairman of Drax, commented:

"On behalf of the Board, I would like to thank Peter for his great contribution to Drax over the last 11 years.  He has been the key individual responsible for Drax's excellent operational and safety performance and for the technical leadership of its transformation to becoming a predominantly renewable generator.  Through his leadership he has developed a strong operational philosophy of continuous improvement across the business.

The directors are delighted to welcome Andy Koss to the Board.  Andy joined Drax in 2005 and has held senior roles in finance, regulation and is CEO of the Group's principal operating subsidiary, Drax Power Limited.  Andy brings valuable experience and wide ranging expertise to the Board."

Enquiries:

Drax Investor Relations: Mark Strafford

+44 (0) 1757 612 491

Media:

Drax External Communications: Andrew Brown

+44 (0) 1757 612165

Website: www.drax.com

Note:   

Andy Koss's remuneration will be in accordance with the Company's remuneration policy and at an annual base salary of £310,000.

END

This information is provided by RNS

The company news service from the London Stock Exchange

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