Bupa announced yesterday at its Annual General Meeting that its Chairman, Lord Leitch, intends to step down on 31 December 2018. As a result, the Board Nomination and Governance Committee will begin the recruitment process for his successor later this year, ensuring a smooth transition of responsibilities.
Lawrence Churchill CBE, Bupa’s Senior Independent Director commented: “Over the past 10 years, Sandy has done a wonderful job as Bupa’s Chairman. During his tenure, the company has grown from revenues of under £4bn in 2005, to £11bn in 2016 and more than trebled the number of customers served. We now employ 86,000 people, compared with 33,600 in 2005, principally in the UK, Australia, Spain, Hong Kong, Poland, New Zealand, Chile, Brazil, Saudi Arabia, India and the US.
“Sandy remains committed to Bupa. He is sharing his plans to support an orderly handover as part of Bupa’s succession planning. The Board’s Nomination and Governance Committee will begin the process to recruit his successor later this year, enabling Sandy to step down as Chairman at the end of 2018.”
Lord Leitch said: “Bupa is a wonderful organisation and we embark on our next phase from an excellent position; financially strong, with a well-respected brand. It is a privilege to serve as Bupa’s Chairman, and I remain absolutely committed to Bupa over the time ahead.”
Notes to editor
For more information please contact:
Media: Sally Pain: Director of External Relations, Bupa
0207 656 2291 / [email protected]
About Bupa
Bupa's purpose is helping people live longer, healthier, happier lives and making a better world.
We are an international healthcare company serving over 31 million customers worldwide. With no shareholders, we reinvest profits into providing more and better healthcare for the benefit of current and future customers.
We directly employ around 85,000 people, principally in the UK, Australia, Spain, Chile, Poland, New Zealand, Hong Kong SAR, Turkey, Brazil, Mexico, the US, Middle East and Ireland. We also have associate businesses in Saudi Arabia and India.
