INTERNATIONAL WORKPLACE GROUP PLC
DIRECTORATE CHANGES
International Workplace Group plc (the "Company"), the world's largest hybrid workspace platform with a network in over 120 countries through flexible workspace brands such as Regus, Spaces, HQ, Signature and Worka, announces that François Pauly will step down as Non-Executive Director, Senior Independent Director and Chair of its Nomination Committee with effect on 31 December 2024, having served on the Board since 19 May 2015.
The Company is pleased to announce that Tarun Lal will replace François as Senior Independent Director and Chair of the Nomination Committee on an interim basis whilst the Nomination Committee continues its ongoing process of identifying suitable candidates for appointment to the Board.
Commenting on the changes announced today, Douglas Sutherland, Chairman of the Company, said:
"I would like to thank François for the considerable contributions he has made to the Board over the last nine years during which time IWG has significantly strengthened its position as the global leader in the rapidly developing flexible workspace market. We have benefitted from François' expertise and experience and he has been a great support to me through his role as Senior Independent Director."
"Since joining in May 2022, Tarun has been an engaged member of the Board bringing valuable contributions to discussions and I am confident he will effectively execute his new responsibilities as we implement our plans to refresh the Board in the near term."
There is no information required to be disclosed pursuant to LR 9.6.13
Further information:
International Workplace Group plc
Mark Dixon, Chief Executive Officer
Charlie Steel, Chief Financial Officer
Richard Manning, Head of Investor Relations
Brunswick Tel: +44 (0) 20 7404 5959
Nick Cosgrove
Peter Hesse
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