Admiral Group announces board changes and director retirement

Published 31/03/2025, 10:04
Admiral Group announces board changes and director retirement

LONDON - Admiral Group Plc (LON:ADML) has announced upcoming changes to its board, including the retirement of Justine Roberts, who has served as an independent Non-executive Director for nine years. Roberts, who also holds the position of Senior Independent (LON:IOG) Director and is a member of the Remuneration Committee and the Nomination and Governance Committee, will step down from all roles effective June 18, 2025.

Mike Rogers, Chair of the Admiral Group Board, expressed his gratitude for Roberts’ contributions, stating, "Justine has served with distinction... Her contributions have been invaluable." Roberts reflected on her tenure, saying, "I’ve genuinely loved being part of such a unique and special company... The energy, creativity, and team spirit at Admiral have made my time on the Board something I’ll always value."

Milena Mondini de Focatiis, CEO of Admiral Group, also acknowledged Roberts’ impact, particularly her encouragement to maintain customer focus and embrace new technology.

In accordance with the UK Corporate Governance Code 2024, Andy Crossley will succeed Roberts as the Senior Independent Director and join the Nomination and Governance Committee on the same date. Additionally, Fiona Muldoon is set to join the Group Risk Committee on April 28, 2025. Following these changes, both committees will consist exclusively of Non-executive Directors deemed independent by the board.

The company is also in the process of recruiting a new Non-executive Director, with further information to be provided to shareholders in due course. The announcement complies with UK Listing Rule 6.4.6 and reflects Admiral’s commitment to transparency and governance.

This news article is based on a press release statement from Admiral Group Plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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