Grant Thornton Appoints Three New Non-Executives
Grant Thornton UK LLP has appointed Richard Eyre, Caroline
Goodall and Ed Warner as independent non-executives. The
appointments are subject to FSA confirmation.
In line with the recommendations of the Murray Report and the
Audit Firm Governance Code, the three non-executives will sit and
have voting rights on the firm's governance body, the Partnership
Oversight Board (POB).
Meetings of the POB sub-committees for risk assurance and
remuneration will each be attended by at least one of the
non-executives.
Grant Thornton CEO, Scott Barnes said: "Richard, Caroline and Ed
will bring varied experience and exceptional insight to Grant
Thornton and I welcome them on board. To have such high calibre
non-executives in the firm can only make our business stronger.
"Grant Thornton may be unique in the accountancy profession in
placing non-executives at the heart of our UK governance body where
they can make a real difference. They will have a central role to
play in the development of the firm and its relationship with key
stakeholders."
Richard Eyre is currently Chairman of the Eden Project, the
Internet Advertising Bureau and mobile apps company, Rapid Mobile.
He was previously chief executive at Pearson Television, ITV and
Capital Radio.
Caroline Goodall is currently a non-executive director and
trustee of the Woodland Trust and a consultant to the international
law firm Herbert Smith. She was a corporate partner at Herbert
Smith for many years and has held a number of senior management
positions within the firm including as Global Head of the Corporate
Division. She has also served as a non-executive on the governing
body of Newnham College, Cambridge.
Ed Warner is the chairman of UK Athletics through to 2013 and of
derivatives exchange LMAX. He is a non-executive director at
institutional stock broker and investment bank Panmure Gordon, and
global shipping company Clarkson plc. He was previously CEO of IFX
Group and of Old Mutual Financial Services (UK).
The Audit Firm Governance Code was published in January 2010 by
an independent working group established by the FRC and the ICAEW.
It applies to Grant Thornton and the other seven main audit firms,
that together audit around 95% of companies listed on Main Market
of the London Stock Exchange.
The Code provides a formal benchmark of good governance practice
against which firms can report for the benefit of shareholders in
listed companies. It also benefits capital markets by enhancing
choice and helping to reduce the risk of a firm exiting the large
audit market due to a loss of public trust.
ENDS
For Further Information please, contact: Jason Gowar,
Senior PR Manager: 020 7728 2915 / Jason.gowar@gtuk.com