// Morrisons hires Jeremy Townsend as a non-executive director
// Townsend has held various senior finance positions at Sainsbury’s
Morrisons has appointed Jeremy Townsend as a non-executive director with immediate effect.
Townsend is currently chief financial officer of British businesses group Rentokil, and will be retiring from his role later this year.
He was previously the group finance director of Mitchells & Butlers, and prior to that, he held various senior finance positions at Sainsbury’s.
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Townsend has also been appointed to the audit, corporate compliance & responsibility, nomination and remuneration committees at Morrisons and will become chair of the audit committee on September 10.
He will succeed Belinda Richards who is stepping down from the Morrisons board to take up a new role as independent non-executive director of Jupiter Fund Management.
“I would like to thank Belinda for her significant contribution to the board over the last five years, and to wish her well in her new role,” Morrisons chairman Andrew Higginson said.
“I am delighted to welcome Jeremy to Morrisons. He brings extensive financial and industry experience and is ideally suited to chair the company’s audit committee,” he said.
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