Foresight VCT plc Welcomes a New Non-Executive Director
Welcoming a New Non-Executive Director
Foresight VCT plc, recognized for its strategic investments, proudly announces a significant addition to its leadership with the appointment of Denise Hadgill as Non-Executive Director. This change comes as the Company looks to fortify its Board with experienced professionals who can steer the organization towards future growth.
The Background of Denise Hadgill
Denise Hadgill is a distinguished investment manager whose career spans a plethora of impactful roles in the financial sector. Having honed her skills in well-regarded firms, Denise brings a wealth of expertise in UK equities, previously serving as a director and fund manager at Schroders plc and as a managing director in the fundamental equities division at BlackRock. Additionally, her earlier role as an oil analyst at Smith New Court established her deep understanding of market dynamics and investment strategies.
Denise's Contributions to Foresight VCT
In her new role at Foresight VCT plc, Denise is set to contribute to various committees including Audit, Management Engagement, Nomination, and Remuneration. Her involvement will help maintain the high standards and robust governance that Foresight has established. With a BSc Hons degree in Computer Science from Imperial College London, she possesses a unique blend of technical acumen and financial insight, enhancing the Board's capability.
Strategic Board Succession Plans
This appointment is part of a carefully constructed succession plan aimed at ensuring Foresight VCT plc continues to thrive amidst leadership transitions. The Board recognizes the necessity of thoughtful succession to blend consistency with fresh perspectives. Denise's appointment will provide a temporary increase in the Board's size, fostering a smooth transition as Margaret Littlejohns prepares for retirement. The Board seeks to create synergy and manage the evolution of its leadership effectively, aiming to revert to four directors following the upcoming AGM in 2026.
Future Leadership with Patty Dimond
Alongside Denise's arrival, the Board has also recommended Patty Dimond as the successor to the Chair position, a move that has already received Board approval. Patty, with over four years on the Board and experience as the Chair of the Audit Committee for the past two years, will ensure a seamless continuity of leadership.
Denise's Directorships
Foresight VCT plc seeks transparency in its leadership structure. For that reason, Denise Hadgill’s current and previous directorships within the last five years have been disclosed. She currently holds directorships at Chelverton UK Dividend Trust plc, Smithson Investment Trust plc, and PG Mutual, among others. This reflects her extensive network and expertise within the investment community.
Understanding the Board's Vision
As the Company prepares for these transitions, it remains focused on its core mission of generating sustainable returns for its shareholders. The addition of Denise Hadgill to the Board marks a proactive step in aligning Foresight VCT plc with industry expectations and maximizing shareholder value. The coming months promise to be engaging as the Board implements its succession strategy while maintaining a high level of performance.
Frequently Asked Questions
Who is Denise Hadgill?
Denise Hadgill is a new Non-Executive Director at Foresight VCT plc, with a rich background in investment management and analysis.
What committees will Denise Hadgill serve on?
She will be a member of the Audit, Management Engagement, Nomination, and Remuneration Committees.
What is the reason for the appointment?
The appointment is part of the Board’s succession planning and aims to bring expertise and leadership during a transitional phase.
What are the future plans for the Board?
The Board plans to reduce back to four directors after the AGM in 2026, ensuring a balance of continuity and renewal.
How can I get in touch with Foresight VCT plc?
For more information, you can contact Stephen Thayer at the Company Secretary's office on Tel: 0203 667 8100.
About The Author
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