GlaxoSmithKline plc appoints Sir Philip Hampton to the Board of Directors

GlaxoSmithKline plc (GSK) today announced that Sir Philip Hampton will join the Board of the company as Non-Executive Director from 1 January 2015 and will become Deputy Chairman with effect from 1 April 2015.

He will succeed Sir Christopher Gent as Non-Executive Chairman with effect from 1 September 2015, or at an earlier date if released from other commitments.

The appointment follows an extensive succession planning process undertaken by the Board over the last two years. The appointment of Sir Philip was recommended by the Board’s Nominations Committee, chaired by Sir Deryck Maughan, GSK’s Senior Independent Non-Executive Director.

Sir Deryck Maughan said: “We are delighted Sir Philip is joining the GSK Board to succeed Sir Christopher as Chairman.  GSK is well positioned for the future, with a strong R&D pipeline and the impending transformative asset transaction with Novartis announced in April.  Sir Philip’s appointment provides a clear plan of succession and we welcome him to our Board.”

Sir Philip has been Chairman of The Royal Bank of Scotland Group plc (RBS) since February 2009. He was previously Chairman of J Sainsbury plc and Group Finance Director at Lloyds TSB Group, BT Group plc, BG Group plc, British Gas and British Steel plc, an Executive Director of Lazards and a Non-Executive Director at RMC Group plc and Belgacom SA. He is also a former Chairman of UK Financial Investments Limited, which manages the UK Government’s shareholdings in banks.

Sir Philip is Senior Independent Director of Anglo American plc, Chairman of their Remuneration Committee and member of their Audit Committee.