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Jupiter director and chair steps down to battle illness

Jupiter director and chair steps down to battle illness

Jupiter director and non-executive chair Jamie Dundas (pictured) is to stand down to due to illness, also giving up his role on the company’s nomination and remuneration committees.

Senior independent non-executive director Liz Airey will take over as chair of the company and its nomination committee with immediate effect.

Dundas had chaired the company since 2008 and played an instrumental role in steering the business through its 2010 public listing, the company said in a statement.

Jupiter chief executive Maarten Slenderbroek said: ‘We are all very sad that Jamie has had to retire from the board. Jupiter is fortunate to have sufficient strength and depth to deal with this unexpected event and we have an excellent successor in Liz.

‘She joined the board in 2010, shortly before the flotation, and has served since then as our senior independent director and chair of the audit committee. Over these past four years, the board and the entire executive team have benefited from her wealth of experience, insight and understanding of Jupiter's unique culture and business.’

Independent non-executive directors Lorraine Trainer and Jonathan Bond have been appointed to the senior role and the nomination committee respectively.  The company is currently searching for an appointee to head the audit committee, currently headed by Airey.

She added: ‘On behalf of the company and its shareholders I would like to thank Jamie for his exceptional leadership of the company since he was appointed chair in 2008. 

‘Jamie has provided an invaluable combination of extensive experience, personal wisdom and strong leadership. He played a key role in leading Jupiter through its IPO and its subsequent success as a listed company. Our thoughts are with Jamie at this time, and we hope he continues to make good progress in his recovery.’

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