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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
December
23, 2020
Barclays PLC
(Name
of Registrant)
1 Churchill Place
London E14 5HP
England
(Address
of Principal Executive Office)
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 x Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934.
Yes No
x
If
"Yes" is marked, indicate below the file number assigned to the
registrant
in
connection with Rule 12g3-2(b):
This
Report on Form 6-K is filed by Barclays PLC.
This
Report comprises:
Information
given to The London Stock Exchange and furnished pursuant
to
General
Instruction B to the General Instructions to Form 6-K.
EXHIBIT
INDEX
__________________________________________________________________________________
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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BARCLAYS
PLC
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(Registrant)
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Date:
December 23, 2020
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By: /s/
Garth Wright
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Garth
Wright
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Assistant
Secretary
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18 December 2020
Barclays PLC
Barclays Board Changes
In line with Barclays Group's plans for orderly succession and
ensuring that board composition addresses the ongoing needs of the
Group, Barclays PLC ("Barclays" or the "Group") announces that Sir
Ian Cheshire will be stepping down as a director and the chair of
Barclays Bank UK PLC ("Barclays UK") and will be succeeded by
Crawford Gillies with effect from 1 January 2021. Sir Ian
will stay on the board of Barclays until the AGM in May 2021 in
order to help ensure a smooth transition.
Sir Ian helped establish Barclays UK as a ring-fenced bank and has
successfully set up its board and governance structure. Over
the next few years, Barclays UK will need a concerted focus on its
plans to position the bank to support customers against a backdrop
of an economy recovering from the effects of the COVID-19 pandemic
and a continuing low interest rate environment. With regret,
Sir Ian has informed the Group that he is unable to accommodate the
increased time commitment and duration required to see through this
programme.
Accordingly, Sir Ian will be stepping down and handing over the
chair of Barclays UK to Crawford Gillies, who will join the
Barclays UK board with effect from 1 January 2021. Crawford's
track record and deep knowledge of the Group, including Barclays
UK, position him well for the role. Crawford will remain on
the Barclays board alongside his Barclays UK role.
Upon his appointment to the Barclays UK board, Crawford will cease
to be the Senior Independent Director of Barclays and will be
succeeded in that role by Brian Gilvary with effect from 1 January
2021. Crawford will continue to chair Barclays' Remuneration
Committee until 1 March 2021, when he will be succeeded in
that role by Brian Gilvary. At that time, Brian will have
served as a member of the Remuneration Committee for 12 months as
recommended under the UK Corporate Governance Code. Brian will also
join the Risk and Nominations Committees with effect from 1 January
2021.
We are very pleased to announce that Julia Wilson has agreed to
join the board of Barclays as a Non-executive Director with effect
from 1 April 2021. She will also join the Audit Committee.
Julia is currently the Group Finance Director of 3i Group plc
("3i"), where her responsibilities include finance, investment
valuations and treasury. Having joined 3i in 2006, Julia was
appointed to the 3i Board in October 2008, and is also a member of
3i's Executive and Investment Committees. Julia held a variety of
tax and financial roles in the FTSE100 before joining
3i.
Julia has served as a Non-executive Director of Legal & General
Group PLC ("L&G") since 2011, and as Senior Independent
Director since 2016, having previously chaired L&G's Audit
Committee from 2013-2016. She will be retiring from the
L&G Board in March next year, before taking up her role on the
board of Barclays.
Julia's appointment reflects Barclays' commitment to strengthening
its board through the addition of further highly respected
individuals with strong financial services expertise. She
will bring significant corporate finance, tax and accounting
experience to the board.
The board of Barclays is enormously grateful to Sir Ian for the
tremendous work that he has done on behalf of the Group and
Barclays UK in particular. The board is also delighted to
welcome Julia Wilson.
The chair appointments are subject to regulatory
approval. There is no additional information required to be
disclosed in relation to Julia Wilson pursuant to paragraph
LR9.6.13R of the Listing Rules of the Financial Conduct
Authority.
- ENDS -
For further information, please contact:
Investor Relations
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Media Relations
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Chris Manners
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Tom Hoskin
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+44 (0)20 7773 2136
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+44 (0)20 7116 4755
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About Barclays
Barclays is a British universal bank. We are diversified by
business, by different types of customer and client, and
geography. Our businesses include consumer banking and
payments operations around the world, as well as a top-tier, full
service, global corporate and investment bank, all of which are
supported by our service company which provides technology,
operations and functional services across the Group. For
further information about Barclays, please visit our
website home.barclays.