Inspired PLC (AIM:INSE) announced that Peter Tracey, the managing director of Blackdown Partners Limited, an independent investment bank, has been appointed to its board as an independent non-executive director with immediate effect.
The company, a leading technology-enabled service provider supporting businesses in their drive to net zero, controlling energy costs and managing responses to climate change, noted that Tracey brings over 25 years of capital markets experience, which includes positions as head of investment banking at Liberum Capital and senior leadership positions at Merrill Lynch across cash equities and investment banking in London, Frankfurt and New York.
He is a non-executive director of Water Babies Group Limited and is chairman of Hurtwood Capital Limited, a private family office with interests in the real estate and media sectors.
In addition, the company said Sarah Flannigan has notified the board of her intention to resign from the position of independent non-executive director, having recently been asked to chair the board of one of her client's companies and the board has agreed that she is able to leave it with immediate effect.
Inspired noted that Sangita Shah has been appointed as the company's senior independent non-executive director and will replace Flannigan as chair of its ESG Committee. Meanwhile, Dianne Walker will replace Flannigan on the Remuneration Committee and will remain as chair of the Audit & Risk Committee.
Commenting on the changes, Richard Logan, Inspired's non-executive chairman, said: "On behalf of the board and all at Inspired, I wish to thank Sarah for her contribution to the group's achievements since joining the board in June 2020. Sarah has been a trusted and valued member of the board, providing strong support and guidance throughout the COVID-19 pandemic and subsequent unprecedented energy market volatility.
"We are delighted to welcome Peter to the board, who adds significant capital markets experience and brings with him a skill set that complements our non-executive board members. The board looks forward to benefitting from Peter's knowledge and experience as we work towards another year of significant progress."