WNS Announces Board of Directors Changes

The WNS Board of Directors has undergone significant changes, effective December 31, 2022. Michael Menezes and Gareth Williams, who have served on the board for 9 years, will retire and step down as Chairman of their respective committees. Jason Liberty will assume the role of Chairperson of the Audit Committee, while Lan Tu will take over as Chairperson of the Compensation Committee.

Key Takeaways:

• Michael Menezes and Gareth Williams, both long-serving directors on the WNS Board, will retire after 9 years of service, the maximum term allowed under the company's Corporate Governance guidelines.
• Jason Liberty, a member of the Audit Committee, will assume the role of Chairperson of the Audit Committee in place of Michael Menezes.
• Lan Tu, a member of the Compensation and Nominating and Corporate Governance Committee, will assume the role as Chairperson of the Compensation Committee in place of Gareth Williams, effective January 1, 2023.
• Timothy L. Main, Chairman of the Board of Directors, thanked Michael and Gareth for their contributions to the company's success over the past 9 years, citing their leadership and guidance as instrumental in driving sound corporate governance and positioning the company for long-term success.
• The changes are part of the company's normal succession process, aimed at ensuring a smooth transition of leadership and maintaining the highest standards of corporate governance.

Statistics:

• Michael Menezes and Gareth Williams have served on the WNS Board for 9 years.
• Jason Liberty joined the company's Board of Directors on February 14, 2020.
• Lan Tu joined the company's Board of Directors on February 4, 2022.
• The WNS Board of Directors has undergone significant changes, with two retirements and two new chairperson appointments.

Sources:

• IE Online Media Services Pvt. Ltd.

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