Grimstone replaces Stewart in Standard reshuffle

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Standard Life has revealed the results of a Board reshuffle including the appointment of a replacement for Sir Brian Stewart who will step down as chairman of the company at the end of May.

Gerry Grimstone, currently deputy chairman of the Board, has served as a director of Standard Life since July 2003 and will succeed Stewart who plans to retire from the Board at the conclusion of the company’s Annual General Meeting (AGM) on 29th May 2007. Grimstone, who currently has a number of additional directorships including chairman of F&C global smaller companies, confirms he will be reducing his external commitments throughout the year following his new appointment. In addition, executive director John Hylands, who was chosen to lead the demutualisation project for Standard i...

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