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Change - Announcement Of Retirement Of Interim Chairman And Non-Independent Non-Executive Director
BackOct 26, 2023
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | Oct 26, 2023 7:05 |
| Status | New |
| Announcement Sub Title | Retirement of Interim Chairman and Non-Independent Non-Executive Director |
| Announcement Reference | SG231026OTHR7A98 |
| Submitted By (Co./ Ind. Name) | William D. Gantt III |
| Designation | Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below) | Retirement of Mr Stephen James Blewitt as Interim Chairman and Non-Independent Non-Executive Director of Manulife US Real Estate Management Pte. Ltd. (MUSREM), the manager of Manulife US REIT (MUST) |
| Additional Details | |
| Name Of Person | Stephen James Blewitt |
| Age | 63 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 26/10/2023 |
| Detailed Reason (s) for cessation | Having served the board for more than four years, Mr Stephen James Blewitt is retiring as Interim Chairman, Non-Independent Non-Executive Director and Nominating and Remuneration Committee member of MUSREM as part of board renewal and succession planning. Mr Marc Lawrence Feliciano, Non-Independent Non-Executive Director, will replace Mr Blewitt as the Chairman and Nominating and Remuneration Committee member. |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of Appointment to current position | 08/02/2019 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 4 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Interim Chairman and Non-Independent Non-Executive Director Member of the Nominating and Remuneration Committee |
| Role and responsibilities | Interim Chairman and Non-Independent Non-Executive Director and member of the Nominating and Remuneration Committee |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | Nil |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | Please refer to Appendix A |
| Present | Nil |
Attachments
- Appendix A (Size: 101,299 bytes)