Hill & Smith PLC announced that Alan Giddins has formally assumed the role of Executive Chair for an expected period of 12 to 18 months, the role that he has been undertaking since July 2022 on an interim basis while the Group searched for a new Chief Executive Officer. This will provide the Group with continuity and stability, as it executes on its strategy at pace, in a period with significant opportunity. Tony Quinlan, Senior Independent Non-Executive Director, will take on the role of Chair of the Nominations Committee from Alan Giddins, who remains on the Committee.

Upon recruiting a Chief Executive Officer, Alan will revert to his position of Non-Executive Chair. Alan Giddins' salary will remain unchanged, and he will not participate in any employee bonus or share incentive schemes.