RWS Holdings plc (“RWS”, “the Group”), the world’s leading provider of intellectual property support services (patent translations, international patent filing solutions and searches) and a leading provider of life sciences and commercial language services, today announces the appointment of Lara Boro as an Independent Non-Executive Director with effect from 20 September 2017.
Lara (age 50) is currently a Group Managing Director with Informa, the FTSE 100 global B2B media company, where she heads up the Life Science, TMT and Transportation businesses within the Business Intelligence division. Previously, Lara was CEO International for Ascential plc (formerly Emap plc), where she led the business’s international expansion into MENA, China, and Brazil. She has also held commercial and M&A roles with CPA Global, the IP services company, and Pearson. Lara also holds an MBA from INSEAD.
The Group also announces that Peter Mountford, currently Non-Executive Director, will be stepping down from the Board with effect from 30 September 2017. Peter has served on the RWS Board since the IPO in November 2003 and has made a valuable contribution to the Group and its progress as a listed company.
In light of Peter’s departure, David Shrimpton, Senior Independent Non-Executive Director and Deputy Chairman, will chair the Audit Committee. Liz Lucas, Non-Executive Director, will chair the Remuneration Committee. Lara will join both the Audit and Remuneration Committees.
Andrew Brode, Chairman of RWS, commented:
“I’m delighted to welcome Lara onto the Group Board. Her significant experience across IP, information services and life sciences will be extremely valuable, as will her knowledge of driving growth across numerous markets, both organically and through M&A, as we continue to expand our global market leadership.
“I would also like to take this opportunity to thank Peter for his tremendous contribution to the Group over the past 13 years. His input and guidance have been indispensable and we wish him all the best in his future endeavours.”
Lara holds or has held the following directorships in the five years preceding her appointment at the Company:
Previous five years: Popupin Ltd
RWS Holdings plc (“RWS”, “the Group”), the world’s leading provider of intellectual property support services (patent translations, international patent filing solutions and searches) and a leading provider of life sciences and commercial language services, today announces the appointment of Desmond Glass as Chief Financial Officer (“CFO”).
Desmond, 47, has almost 20 years’ experience in senior finance roles across a range of sectors in UK and US headquartered businesses with international operations. He joins from GAN plc, the AIM listed internet gaming software company, where he has held the role of CFO for nine years. He had a central role in GAN’s development from internet start-up to its IPO in November 2013 and beyond, encompassing financial and operational strategy, corporate development, M&A due diligence, as well as investor relations.
Desmond qualified as a Chartered Accountant with Deloitte in 1994 and also holds an MBA from Imperial College, London.
Desmond’s appointment, which will be effective from 6 November 2017, follows Richard Thompson’s promotion to Chief Executive Officer, as announced in April 2017.
Andrew Brode, Chairman of RWS, commented:
“We are delighted to be welcoming Desmond to the RWS team, having considered a number of strong candidates for the role.
“He brings a wealth of experience from senior finance roles in international businesses across a variety of sectors and, importantly, has spent significant time in the US which will be particularly helpful as we continue to expand our presence in this important market.
“I’m confident that Desmond will fit well with the team, as we continue to pursue our growth strategy both organically and by selective acquisition.”
Desmond Glass said:
“RWS has an incredible track record of growth and I’m very pleased to be joining the Group at an exciting time. I look forward to working with the team as it continues to build upon its strong position as a premier global supplier of intellectual property support services and a major force in life sciences, to drive further international expansion.”
Desmond holds or has held the following directorships in the five years preceding his appointment at the Company:
GAN Services Limited
Gameaccount Nevada Inc.
Lockbox Games Limited