NatWest Director Mark Seligman to Step Down

TL;DR

NatWest director Mark Seligman is out Dec 31st, per announcement.

AI Summary

NatWest Group plc announced on December 13, 2024, that Mark Seligman will step down as a non-executive director, effective December 31, 2024. This follows a previous announcement on July 26, 2024, regarding his departure. Seligman has served on the board since 2015.

Why It Matters

The departure of a non-executive director can signal shifts in board composition and governance strategy for the company.

Risk Assessment

Risk Level: low — This filing is an administrative update regarding a director's departure and does not involve financial performance or significant strategic changes.

Key Players & Entities

• NatWest Group plc (company) — Registrant
• Mark Seligman (person) — Non-executive director stepping down
• December 31, 2024 (date) — Effective date of director's departure
• July 26, 2024 (date) — Date of previous announcement regarding departure
• 2015 (date) — Year Mark Seligman joined the board

FAQ

Filing Documents

• dp222128_6k.htm (6-K) — 19KB
• 0000950103-24-017753.txt ( ) — 20KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13A-16 OR 15D-16 OF THE SECURITIES EXCHANGE ACT OF 1934 December 13, 2024 Commission File Number 001-10306 NatWest Group plc 250 Bishopsgate, London, EC2M 4AA United Kingdom (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F This report on Form 6-K shall be deemed incorporated by reference into the company’s Registration Statement on Form F-3 (File No. 333-261837) and to be a part thereof from the date on which this report is filed, to the extent not superseded by documents or reports subsequently filed or furnished. 13 December 2024 NatWest Group plc Directorate Changes Further to the announcement on 26 July 2024, NatWest Group plc ('NWG') announces that Mark Seligman, non-executive director and Senior Independent Director, will retire from the NWG Board on 31 March 2025. Lena Wilson, independent non-executive director, will assume the role of Senior Independent Director from 1 April 2025. In addition, NWG announces the appointment of Gill Whitehead as an independent non-executive director with effect from 8 th January 2025. Rick Haythornthwaite, Chair of NWG, said: “I would like to thank Mark Seligman for his significant contribution to the Board and its committees since his appointment in April 2017. During his tenure, Mark has dedicated significant time to NatWest and has been a highly valued director and colleague. We will miss his wise counsel and contributions around the Board table. He leaves with our very best wishes for the future. Lena Wilson is a highly experienced Board member who has demonstrated strong leadership and is highly regarded by her fellow directors. I am confident she will make a valuable contribution to the Board as Senior Independent Director. In addition, Lena will continue to chair the Group Performance & Remuneration Committee. Finally, I am delighted to welcome Gill Whitehead to the NWG Board. Gill’s deep expertise in data science and analytics, emerging customer focused technologies, global technology regulation and digital transformation are all highly relevant skills. She will be a strong addition to the Board.” Gill recently stepped down from her role as Group Director, Online Safety at Ofcom. She currently serves as Chair of Rugby World Cup 2025, Chair of the Audit Committee and non-executive director of the British Olympic Association and Chair of the Audit Committee and non-executive director of Informa PLC. Gill’s biography is set out below. There are no further matters requiring disclosure under Listing Rule 6.4.8R. For further information contact: NatWest Group Investor Relations : Claire Kane Director of Investor Relations +44 (0) 20 7672 1758 NatWest Group Media Relations : +44 (0) 131 523 4205 LEI: 2138005O9XJIJN4JPN90 ------------------------------------------------- Gill Whitehead Biography Gill has over 25 years of executive experience in the technology and media sectors having worked at Ofcom, Google, Channel 4 and the BBC. She is a Visiting Policy Fellow at the University of Oxford’s Internet Institute, focussing on global developments in online and AI safety. Her Board experience as Chair, Audit Committee Chair and Non-Executive Director spans FTSE 50 companies, public bodies and sport. Gill has spent the last few years mobilising tech regulation in the UK, including leading for Ofcom the implementation of one of the UK’s most significant pieces of new tech legislation, the Online Safety Act. She also led the establishment of several key regulatory partnerships, including as the inaugural Chief Executive of the UK’s Digital Regulation Cooperation Forum, on behalf of the UK’s largest regulators including the Financial Conduct Authority, and as Chair of the Global Online Safety Regulators Network. Previously, Gill was Google UK’s Senior Director of Client Solutions & Analytics, leading teams in data science and analytics, measurement and user experience, having also led their market insights function across EMEA. Before the world of tech, Gill worked in media at Channel 4 and the BBC in a variety of data and technology-driven leadership roles. Gill is a Fellow of the Institute of Chartered Accountants. Having previously been a Non-Executive Director of the Financial Ombudsman Service and Camelot (operator of the National Lottery), Gill’s current Board roles are Non-Executive Director and Audit Committee Chair of Informa plc, Non-Executive Director and Audit Committee Chair of the British Olympic Association, and Chair of the Women’s Rugby World Cup 2025. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caus

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