Gateley appoints Edward Knapp as its next chair

22nd Aug 2024 11:16

(Sharecast News) - Professional services firm Gateley announced the appointment of Edward Knapp as an independent non-executive director and its chair designate on Thursday.

The AIM-traded firm said Knapp's appointment to the board was effective immediately, adding that he would assume the role of chairman when current chair Nigel Payne stepped down from the board on 1 November.

It said Knapp would bring a wealth of global business experience, particularly in growth strategy, technology, risk management, and transformation within the professional and financial services sectors.

His career included senior roles at institutions such as McKinsey & Company, Barclays, HSBC, Revolut, and M&G.

Knapp was currently a member of the UK Endorsement Board, where he influences and endorses standards for audit, accounting, and professional services for UK public limited companies.

He also serves as a non-executive director at F&C Investment Trust, and held notable positions on the boards of AIM-listed companies, including Ten Lifestyle Group and Mattioli Woods.

Upon joining Gateley, Knapp would become a member of the remuneration, audit and risk, and nomination committees.

His role as chairman of the board and chairman of the nomination committee would start on 1 November, succeeding Nigel Payne.

"It's an honour to be appointed as the next Chairman of Gateley," said Edward Knapp.

"The business has an extraordinary track record and heritage of delivering for clients across its legal and professional services capabilities.

"I am looking forward to engaging with our clients, colleagues, communities, shareholders and the whole board to help Gateley navigate the next chapter of outstanding client service, capitalising on its compelling talent proposition to deliver sustainable profitable growth and shareholder returns for the long term."

At 0918 BST, shares in Gateley Holdings were down 0.83% at 137.36p.

Reporting by Josh White for Sharecast.com.