No recommendation
No news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.
(Sharecast News) - M&C Saatchi has announced on Tuesday that Dame Heather Rabbatts has been appointed as non-executive chair on a permanent basis, effective immediately.
Rabbatts had been serving in the role on an interim basis since April.
The AIM-traded company also confirmed that Georgina Harvey would assume the role of senior independent director on a permanent basis.
"I am delighted and privileged to become chair of M&C Saatchi," said Dame Heather Rabbatts in a statement.
"I look forward to continuing to work closely with the board and management team on delivering strong sustainable returns for shareholders."
The board said it had launched a formal search process to appoint a new non-executive director, and would provide further updates in due course.
At 1227 BST, shares in M&C Saatchi were up 1.53% at 192.92p.
Reporting by Josh White for Sharecast.com.
The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website is not personal advice based on your circumstances. So you can make informed decisions for yourself we aim to provide you with the best information, best service and best prices. If you are unsure about the suitability of an investment please contact us for advice.