The board of Fenwick has announced the appointment of Richard Pennycook as a Senior Independent Director. He will be appointed as Non-Executive Chairman at the Company’s AGM on 18 May. On that date, Mark Fenwick, Non-Executive Chairman, will step down. Mark Fenwick will remain Senior Advisor to the Board, particularly in relation to property, development and asset management across the group. This appointment represents the first for Richard since he signalled the start of a portfolio career. He joins Fenwick from the Co-op Group.

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