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LONDON - Caledonia Investments plc (LSE:CLDN) announced Tuesday that Lynn Fordham will resign from her position as non-executive director effective August 31, 2025, after serving since January 2022.
Farah Buckley, who joined the board in March 2023, will become a member of the company’s Audit and Risk Committee beginning August 1 and will succeed Fordham as committee chair on September 1, according to a company press release.
Following this change, the FTSE 250 self-managed investment trust will begin searching for an additional non-executive director to join its board.
David Stewart, Caledonia’s Chair, thanked Fordham for her "considerable contribution" to the company and expressed that he was "delighted" Buckley would join the Audit and Risk Committee and succeed as its chair.
The company confirmed that beyond fees payable to Fordham as a non-executive director until her resignation date, no additional remuneration or payment will be made in connection with her departure, in accordance with section 430 of the Companies Act 2006.
Caledonia Investments describes itself as having a long track record of delivering consistent returns and progressive annual dividend payments to shareholders, with investments across public companies, private capital, and funds.
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