GSK appoints Mr Urs Rohner to its Board as a Non-Executive Director
GlaxoSmithKline plc (LSE: GSK) today announced the appointment of Mr Urs Rohner to its Board as a Non-Executive Director, effective 1 January 2015. On appointment, Mr Rohner will also become a member of GSK's Remuneration Committee.
Mr Rohner is currently Chairman of Credit Suisse Group AG, one of the world's leading financial services companies.
Commenting on the appointment, Sir Christopher Gent, Chairman of GSK, said:
"I am delighted to welcome Urs to the Board. His broad business background and extensive senior-level experience at multinational companies makes him a great addition to GSK."
Mr Rohner was appointed Chairman of Credit Suisse in 2011 following a number of senior positions at the company including General Counsel and Chief Operating Officer. Before joining Credit Suisse in 2004, he was Chief Executive Officer and Chairman for four years at ProSiebenSat.1 Group, one of the largest independent media corporations in Europe. This followed a number of years in private practice at major law firms in Switzerland and the USA.
3 October 2014
1. As Non-Executive Director of GSK, Mr Rohner will receive standard annual fees of £85,000 per annum. As for all GSK Non-Executive Directors, in order to enhance the link between directors and shareholders, at least 25% of his fees will be paid in the form of Ordinary Shares and allocated to a share account, and he will be able to invest part or all of the balance of his fees into the same share account.
2. The Board has determined that Mr Rohner will be an independent Non-Executive Director, in accordance with the UK Corporate Governance Code.
3. With effect from 1st January 2015, the composition of the Board of GlaxoSmithKline plc will be as follows:
Sir Christopher Gent Non-Executive Chairman
Sir Philip Hampton Non-Executive Director and Chairman Designate
Sir Andrew Witty Chief Executive Officer
Mr Simon Dingemans Chief Financial Officer
Dr Moncef Slaoui Chairman, Global R&D and Vaccines
Professor Sir Roy Anderson Independent Non-Executive Director
Dr Stephanie Burns Independent Non-Executive Director
Ms Stacey Cartwright Independent Non-Executive Director
Ms Lynn Elsenhans Independent Non-Executive Director
Ms Judy Lewent Independent Non-Executive Director
Sir Deryck Maughan Senior Independent Non-Executive Director
Dr Daniel Podolsky Independent Non-Executive Director
Mr Tom de Swaan Independent Non-Executive Director
Ms Jing Ulrich Independent Non-Executive Director
Mr Hans Wijers Independent Non-Executive Director
Mr Urs Rohner Independent Non-Executive Director
GlaxoSmithKline – one of the world's leading research-based pharmaceutical and healthcare companies – is committed to improving the quality of human life by enabling people to do more, feel better and live longer. For further information please visit www.gsk.com
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