ShareSoc Appoints New Chairman and Additional Director

PRESS RELEASE 78 16/05/2016

ShareSoc (the UK Individual Shareholders Society) has appointed Mark Northway as Chairman of its Board of Directors. Mark is a senior practitioner in financial markets with wide ranging managerial and governance experience across credit, fixed income, equity and treasury markets. Mark’s recent activities have centred on the development of asset management businesses in both listed and private equity space.

Mark takes over as Chairman from Stan Grierson who will remain on the board. The board has expressed a vote of thanks to Stan for his leadership and guidance over the past two years. We are very pleased that he will remain actively involved in the future.

Mark made these comments on his appointment: 

I am very proud to be involved with ShareSoc at such an exciting time in the society’s development. Industry and social changes are resulting in increased personal involvement by individual investors in the management of their savings and investments, and direct shareholdings have an important part to play in this process. Agency issues, institutional stewardship and individual shareholder rights need to be monitored and addressed as the basis for public trust and engagement with the stock market. ShareSoc is well equipped to represent and defend its members’ interests.

ShareSoc has also co-opted Cliff Weight to the Board. Cliff is the author of the Directors’ Remuneration Handbook and has over 30 years’ experience as a remuneration consultant. He is a member of the QCA Corporate Governance Expert Group and is currently developing ShareSoc’s Remuneration Guidance, which will contain specific recommendations for companies with less than £200 million market cap. Cliff is a member of the Advisory Board of the High Pay Centre, and the Editorial Board of Executive Compensation Briefing, and is a non-executive director of MM&K, the leading independent remuneration consultant.

For further information, please contact:

Roger Lawson
Deputy Chairman, ShareSoc
Telephone: 020-8295-0378  

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