Former US Deputy Attorney General joins HSBC Board | Announcement
For and on behalf of
HSBC Holdings plc
R G Barber
Group Company Secretary
Supplementary information:
As a non-executive Director Mr. Comey will not have a service contract with HSBC Holdings plc. He will be paid a Director’s fee of £95,000 per annum, as authorised by shareholders at the 2011 Annual General Meeting. Mr. Comey will also receive a fee of £30,000 per annum as a member of the Financial System Vulnerabilities Committee as approved by the Directors in January 2013.
Mr. Comey does not have any interests in the shares of HSBC Holdings plc within the meaning of Part XV of the Securities and Futures Ordinance.
No shareholder is entitled to exercise or control the exercise of 10% or more of the voting power at any general meeting of the Company.
HSBC Holdings: James Comey Resigns to Become Director of FBI
LONDON--Banking giant HSBC Holdings PLC (HSBA.LN) said Wednesday James B Comey, Jr., an independent non-executive Director, has resigned from the Board with effect from Sept. 4, following his confirmation by the U.S. Senate as the next Director of the Federal Bureau of Investigation.
MAIN FACTS:
-Mr. Comey was nominated for that post by President Barack Obama in June.
-Mr. Comey was appointed to the HSBC Board on March 4 and served on the Financial System Vulnerabilities Committee.
-Shares in London at 1130 GMT up 11 pence, or 1.53%, at 747 pence valuing the company at 137.24 billion pounds.
July 31, 2013 07:49 ET (11:49 GMT)