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Finance: GW’s Chairman Steps Down

2 Minute Read
Jul 26
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Tom Kirby, is stepping down as Games Workshop’s non-executive chairman. Here’s the details.

via GW Investor relations

“Games Workshop Group PLC (“Games Workshop” or the “Company”) today announces that Tom Kirby has advised the board of his intention to retire as a director of the Company with effect from the conclusion of the Company’s Annual General Meeting on 13 September 2017. He will not seek re-election as a director of Games Workshop thereafter. In the interests of continuing the smooth transfer of power and responsibility to the new executive board team, following the AGM, Tom will be appointed a consultant to the Company for a period of 12 months.

Nick Donaldson will become non-executive chairman of Games Workshop on Tom Kirby’s retirement. Nick has been a non-executive director of Games Workshop since April 2002.

As non-executive chairman one of Nick’s key responsibilities will be to lead a review of the composition of the Company’s board and to set in motion a process to appoint new non-executive directors of the Company.”

Note that this announcement came ONE DAY after the phenomenal 2016-2017 annual report from GW. Kirby has been at the helm of GW for decades and this move heralds a true turning of the page for the company.

~I’ll let you all talk out what you think is going on.

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