Volta Finance Ltd (LON:VTA) has announced that Ms Joanne Peacegood, who joined the Board in July 2023, will succeed Mr Steve le Page as Chair of the Audit Committee with effect from 1 May 2024.
Steve Le Page joined the Board in October 2014, and so by the time of the 2024 Annual General Meeting he will have served for ten years. The other members of the Board, who have an average tenure of two years, consider Steve to be independent under all the criteria set out in the UK Corporate Governance Code except for that in respect of tenure. Consequently, they are supportive of his re-election to the Board at the forthcoming AGM, and would cite the following reasons for that support –
1. The average tenure of the Board including him is four years
