Sir John Peace to step down as Experian chairman

Experian, the FTSE 100 information services company has announced that Sir John Peace will step down as Chairman and Director by the time of the 2014 AGM in July next year (release).

Deputy chairman Sir Alan Rudge on behalf of the Experian Board:

As a founder of the business, Sir John has had a truly remarkable 40 year career at Experian. As Chairman, he has overseen Experian's progress as a publicly listed company and his passion, energy and foresight have been key to shaping the business. Sir John's decision to step down forms part of the Board's well considered long term succession plan and we will now start the process of appointing his successor.

Sir John Peace said:

I have had the privilege of being part of Experian since the beginning. It has been a huge part of my life and I have worked with many great people. I will leave in the knowledge that the Company is in the hands of an experienced, visionary Board and management team who will continue to take the business forward.