Thursday, March 28, 2024

Games Workshop appoints new chair

Games Workshop, the Nottingham-headquartered manufacturer and seller of fantasy miniatures, has appointed John Brewis as non-executive chair of the company.

John has been an independent non-executive director of the business since 2018, the senior independent director since 2021, chair of the Remuneration Committee since 2019 and a member of the Audit and Risk and Nomination Committees.

John takes over from Elaine O’Donnell, who steps down from the role of non-executive chair and non-executive director after serving as a director for nine years, and two as chair.

The company will be appointing a new senior independent director and chair of the Remuneration Committee as well as seeking a new non-executive director in due course.

The news came as Games Workshop released a half year trading update, in which it confirmed results are in line with expectations.

The Board’s estimate of the results for the six months to 27 November 2022 is core revenue of not less than £210 million (2021: £191.5 million) and licensing revenue of c. £14 million (2021: £20.1 million). Core operating profit is estimated at not less than £70 million (2021: £69.6 million) and licensing operating profit of c. £13 million (2021: £18.9 million). Profit before tax is estimated at not less than £83 million (2021: £88.2 million).

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