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Aerospace

Galliford Try says chairperson to step down; to be replaced by BAE veteran

After a transition period and handover, Alison Wood will become the chair of the board and chair of the nomination committee for the UK-based construction group

Galliford Try Holdings PLC (LSE:GFRD) announced its non-executive chairperson Peter Ventress will step down on 15 September after more than seven years on the board, to be replaced by Alison Wood.

“The board is extremely grateful to Peter for his contribution to and chairing of the board over the last seven years and during the group's transformation, in recent years, to its current position as one of the UK's leading construction groups,” Terry Miller, senior independent director, said.

After a transition period and handover, Wood will become the chair of the board and chair of the nomination committee for the UK-based construction group.

"Alison has a wealth of experience and her appointment will further strengthen our independence and the experience of the board,” Ventress commented.

Wood will be a member of the audit, remuneration and nomination committees where she will attend audit committee meetings by invitation and join the remuneration committee.

She spent almost 20 years at BAE Systems PLC (LSE:BA.) in a number of strategy and leadership roles, including group strategic director.

She was also in several non-executive director positions and was the global director of strategy and corporate development at National Grid PLC (LSE:NG.) from 2008 to 2013, the company added.

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