🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

GSK close to picking RBS's Hampton as next chairman - Sky

Published 07/08/2014, 17:39
GSK close to picking RBS's Hampton as next chairman - Sky
NWG
-
GSK
-

LONDON (Reuters) - GlaxoSmithKline (L:GSK), Britain's biggest drugs company, is close to appointing Philip Hampton as its next chairman, in a move that will coincide with his departure from Royal Bank of Scotland (L:RBS), Sky News said on Thursday.

Sky said GSK could announce Hampton's appointment next month. It said he is likely to join GSK as a non-executive director or deputy chairman and move into the chairman's seat in 2015.

He would replace Christopher Gent, who has been at GSK for almost a decade and said earlier this year he planned to announce a successor this year with a view to standing down in 2015.

Hampton has been RBS's chairman since February 2009 when he was parachuted in to help rescue the bank.

© Reuters. Philip Hampton speaks at the annual CBI conference in central London

GSK and RBS declined to comment.

(Reporting by Steve Slater and Paul Sandle; Editing by Greg Mahlich)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.