InvestSMART

Berkett for BOQ board

Bank of Queensland will appoint the former boss of London-based Virgin Media, Neil Berkett, to its board. Mr Berkett is also the incoming chairman of British publisher Guardian Media Group. The appointment follows the retirement of former BOQ chairman Neil Summerson. Mr Berkett is the Virgin Group's nominee to the BOQ board.
By · 31 Jul 2013
By ·
31 Jul 2013
comments Comments
Bank of Queensland will appoint the former boss of London-based Virgin Media, Neil Berkett, to its board. Mr Berkett is also the incoming chairman of British publisher Guardian Media Group. The appointment follows the retirement of former BOQ chairman Neil Summerson. Mr Berkett is the Virgin Group's nominee to the BOQ board.
Google News
Follow us on Google News
Go to Google News, then click "Follow" button to add us.
Share this article and show your support
Free Membership
Free Membership
InvestSMART
InvestSMART
Keep on reading more articles from InvestSMART. See more articles
Join the conversation
Join the conversation...
There are comments posted so far. Join the conversation, please login or Sign up.

Frequently Asked Questions about this Article…

Neil Berkett is the former boss of London-based Virgin Media. The article reports that he will be appointed to the Bank of Queensland (BOQ) board, with his appointment listed as Virgin Group's nominee.

According to the article, Berkett’s appointment follows the retirement of former BOQ chairman Neil Summerson. The appointment fills that board vacancy and is described as Virgin Group’s nomination.

The article notes two roles: he is the former boss of London-based Virgin Media and is the incoming chairman of British publisher Guardian Media Group.

The article says Berkett’s appointment follows the retirement of former BOQ chairman Neil Summerson, indicating the board change is connected to Summerson’s departure.

Being described as Virgin Group’s nominee means the Virgin Group put forward Berkett as its choice to join the Bank of Queensland board, reflecting the Group’s interest in that board position as reported in the article.

The article does not state that Berkett will be BOQ chairman. It notes he is the incoming chairman of Guardian Media Group, but it does not say he will assume the chair at Bank of Queensland.

While the article sticks to the facts of the appointment and the retirement it follows, everyday investors typically watch board changes because new directors can influence corporate governance and strategic direction. Investors may want to monitor BOQ announcements for any further commentary on strategy or governance following Berkett’s appointment.

The article identifies Virgin Media as London-based and describes Berkett as its former boss, highlighting his experience leading a major UK media and telecoms business and indicating an international corporate background.