Ignacio Galán appoints Sir Tom Farmer CBE and Lord Macdonald to ScottishPower Board
The appointments reinforce coordination of Iberdrola Group’s global activities
Iberdrola and ScottishPower Chairman Ignacio Galán today announced the appointment of two prominent Scots - Sir Tom Farmer CBE and Lord (Gus) Macdonald - to ScottishPower’s Board of Directors. The Board meets regularly and is the principle governance and decision making body for ScottishPower operations in the UK.
Commenting on today’s appointments, Galán said: “I am very pleased that Sir Tom and Lord Macdonald have agreed to join the ScottishPower Board. They are both highly respected individuals and their vast experience in business and the wider Scottish and UK community will be of great benefit to ScottishPower and the Iberdrola Group.
“Iberdrola is a global organisation that understands the importance of local management in the more than 40 countries in which it operates. Today’s appointments, together with the recent appointment of Amparo Moraleda as International Director and Nick Horler as ScottishPower CEO, reinforce our commitment to ensuring our ScottishPower Board combines both global international business experience with a strong Scottish and UK core . This is fundamental to our aim of ensuring our activities are globally coordinated and implemented in the most appropriate way in the UK and Scotland”
As full members of the Board, which comprises nine members including Nick Horler and Amparo Moraleda, they will play a key role in ensuring ScottishPower continues to be at the forefront of the leading power companies in the UK.
Commenting on his appointment, Sir Tom Farmer said: “I am delighted to be appointed to the ScottishPower Board of Directors. Having already been a part of the ScottishPower Advisory Board, I am well aware of Iberdrola’s commitment to the UK, and look forward to contributing to the ongoing success of ScottishPower.”
Lord Macdonald commented: “I very much look forward to working with the ScottishPower Board and trust that my external perspective will have a positive impact on the company’s future plans."
Notes to Editors:
Sir Tom Farmer CVO CBE
Sir Tom Farmer founded Kwik-Fit in 1971 and grew the business to become one of the largest independent automotive parts replacement parts business in the world. Following the sale to Ford for £1billion in 1999, Sir Tom resigned from the business and now has a number of business interests which include property development and investments in new business start-ups. His present appointments are Chairman of The Trustees of The Duke of Edinburgh’s Award, Trustee of the Clerk Maxwell Cancer Research Fund, Honorary President – Young Enterprise Scotland, Trustee of Scottish Business Achievement Award Trust, Honorary President of the Entrepreneurial Exchange and Deputy Lieutenant of the City of Edinburgh, Chancellor Queen Margaret University Edinburgh
Rt Hon Lord Macdonald of Tradeston CBE
Gus Macdonald served five years in Government as Minister for the Cabinet Office and Chancellor of the Duchy of Lancaster (01-03); Minister for Transport, in attendance at Cabinet (99-01); and Minister for Business and Industry in Scotland (98-99). Previously he was CEO and Chairman of Scottish Media Group plc and also chaired the academic publishers Taylor and Francis plc. Board memberships included the development agency Scottish Enterprise. He is a senior advisor to Macquarie Capital Europe and was installed as Chancellor of Glasgow Caledonian University in October 2007.
Full ScottishPower Board of Directors:
Ignacio Sánchez Galán, Nick Horler, José Luis San Pedro, José Sainz Armada, Fernando Becker, José Miguel Alcolea, Amparo Moraleda Martinez, Sir Tom Farmer, Lord Angus Macdonald of Tradeston
Media Information – Simon McMillan, 0141 566 4875, 07753 622 257