Phoenix Group adds tech investor Sherry Coutu to board

Published 14/03/2025, 10:02
Phoenix Group adds tech investor Sherry Coutu to board

LONDON - Phoenix Group Holdings (LON:PHNX) plc, the UK-based insurance company, announced the appointment of Sherry Coutu CBE as an independent Non-Executive Director to its Board. Effective from May 1, 2025, Coutu will also serve on the company’s Remuneration Committee.

Coutu is known for her extensive experience across technology, investment, and education sectors. Her current roles include Non-Executive Director at Pearson (LON:PSON) plc and Senior Independent (LON:IOG) Director at Raspberry Pi plc. She has a history of serving on the boards of prominent organizations like London Stock Exchange Group (LON:LSEG) plc and Zoopla plc, often chairing their Remuneration Committees.

Having been an angel investor in over 70 companies, including LinkedIn and LOVEFiLM, and holding investments in five venture capital firms, Coutu brings a wealth of expertise in the technology sector to Phoenix. Her executive career is marked by significant contributions to the growth and transformation of numerous companies.

Sir Nicholas Lyons, Chair of Phoenix, expressed enthusiasm for Coutu’s upcoming contributions, highlighting her diverse experience with customer and digital-focused sectors. Lyons anticipates that her background will enrich the Board’s discussions, particularly with her FTSE 100 Remuneration Committee experience.

The announcement fulfills the obligations under LR 6.4.6 of the Listing Rules, and no additional information is required to be disclosed according to Listing Rule 6.4.8 concerning Coutu’s appointment. This move is part of Phoenix’s ongoing efforts to strengthen its Board with diverse and experienced professionals.

The information in this article is based on a press release statement from Phoenix Group Holdings 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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