Cragg to stand down as GlobalData chairman
Globaldata
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16:55 18/04/24
Data and analytics company GlobalData announced some board changes on Tuesday, confirming that Bernard Cragg would stand down as chairman at the close of its April annual general meeting.
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The AIM-traded firm said Cragg had served six years as a non-executive director, followed by four years as chairman.
It also announced that his successor as independent non-executive chairman would be Murray Legg, who would assume the role with effect from the meeting.
Legg had been a non-executive director and chairman of the audit committee since 2016.
The board said he is a Chartered Accountant with more than 35 years of audit and advisory experience at PricewaterhouseCoopers, where he was a partner for 24 years.
During that time he had senior management, governance and market-facing roles with major UK companies across a range of industry sectors, including the media sector.
In addition, the board said it intended to appoint additional non-executive directors in due course, one of which would succeed Legg as chairman of the audit committee.
“On behalf of the board, I would like to thank Bernard for his exceptional support and guidance over the last 10 years during which time GlobalData has grown to become a leading international player,” said chief executive officer Mike Danson.
“'I am also delighted to welcome Murray Legg as chairman, and look forward to benefiting from his continued support and wide experience and knowledge as we seek to exploit the opportunities that lie in front of us.”
At 1017 GMT, shares in GlobalData were up 1.08% at 1,379.7p.