David commenced his career at NatWest, and held positions at J Rothschild Investment Management and Morgan Grenfell after which David founded Windsor Investment Management. 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Unrest over executive pay - which has been a focal point of political criticism aimed at Melrose because of the lavish share schemes put in place by the company - is also likely to be relatively muted, with more than 85% of shareholders expected to support its remuneration report. Between 2000 and 2003, David was involved in private investment activities and served as a non-executive Director on the boards of two companies in France. The Chairman, with the assistance of the Vice-Chairmen, is responsible for leadership of the Board. Committee membership:Audit CommitteeRemuneration CommitteeNomination Committee. The Board recognises that it is ultimately responsible for determining the nature and extent of the principal risks it is willing to take to achieve its strategic objectives. In support of this commitment, the Board carries out a number of key governance activities designed to enable continuous improvement in line with best practice corporate governance guidelines. Skills and experience: Originally qualifying as a barrister, Funmi has well over a decade of working in and leading legal teams across the globe at the large multi-nationals Bombardier and BP. Terms and conditions of appointment:Each executive Director’s service contract and each non-executive Director’s letter of appointment are available for inspection at the Company’s registered office during normal business hours. Should British investors worry about the US election? Sky News has learnt that Melrose, which paid more than £8bn to buy GKN, the FTSE-100 engineer, will announce that executive vice-chairman David Roper is to retire next year. David Roper, a former corporate financier, is standing down as executive vice-chairman of the industrial conglomerate next May. Year appointed:Appointed as non-executive Director on 5 July 2017. Further details with respect to this review and succession planning more generally are set out in the Nomination Committee Report on pages 88 to 89 of the Annual Report. That helps us fund This Is Money, and keep it free to use. Registered office: 1 London Bridge Street, SE1 9GF. What kind of rescue could trigger a stock market bounce back? Italian brand releases first supercar for 15 years, Tesla's Autopilot discourages drivers for engaging when driving, New £250,000 Ghost 'most technically advanced' Rolls-Royce ever, Rolls-Royce release new £250,000 limo called Ghost, Porsche has given the iconic Panamera a mid-life refresh, Renault reinvent The Lollipop Man to test for air pollution, VW launches clever new 'Caddy California' compact campervan, Blue Whale manager: Facebook is good value but not Tesla, The Shelby SuperCar Tuatara is the world's fastest road car, Experts urge Government not to go ahead with hands-free driving, Mercedes-Benz shows how hands-free Drive Pilot system works, Morrisons CEO reveals opportunities given to those out of work. David Roper will become the first of Melrose's founders to announce plans to leave the industrial group, Sky News learns. One of the founders of Melrose Industries will this week signal his intention to step down from the industrial turnaround group in the aftermath of the biggest takeover since it was set up 16 years ago. Year appointed:Appointed as a non-executive Director on 1 October 2018. During this time, Geoffrey was involved in a number of projects, including raising public equity, debt refinancing and the restructuring and outsourcing of the manufacturing and supply chain. The announcement of his intention to leave the company will make Mr Roper the first of Melrose's founding trio to depart, while underlining the continuity of its management team. Ensure that adequate funding and personnel are in place. Skills and experience:From a wide range of roles in corporate finance, private investment and management in manufacturing industries, David brings significant investment, financial and operational expertise. He now owns 0.3 per cent of Melrose, bringing the value of his total stake to a massive £26.5million. Melrose owns manufacturing and industrial businesses with leading market positions operating in a number of different geographical regions and sectors. Melrose’s executive chairman launched the group with his associate Mr Roper in 2003 using £3m of their own capital and £10m from investors David ‘The Grinder’ Roper Melrose aims to increase value for shareholders through growth in our current businesses, whilst seeking acquisitions of good businesses with solid fundamentals whose performance can be improved in the medium term under Melrose management. The 68-year-old helped to found Melrose 16 years ago and has built up a holding of 16.4 million shares. As part of this approach, the Board supports, applies and complies with the main principles, the supporting principles and the respective related provisions of corporate governance contained in the UK Corporate Governance Code (the “UK Code”) issued and as updated by the Financial Reporting Council (the “FRC”) and available to view on the FRC’s website at: https://www.frc.org.uk/Our-Work/Codes-Standards/Corporate-governance.aspx. MARKET REPORT:  How French pharma firm Novacyt has turned £10,000 into nearly £1m supplying the world with Covid tests, British boss of pharma group Indivior is sentenced to six months in a US jail over opioid scandal, US vultures swoop on British builder: Retirement homes firm McCarthy & Stone backs £630m bid sparking fears for its elderly residents, Barclays boss Jes Staley clings onto his job for at least another two years after profits rebound, Under-fire Virgin Holidays promises to refund £203m to customers whose trips were cancelled due to Covid, Top shareholder backs Boohoo chiefs amid calls for founder to step down following sweatshop scandal, London Stock Exchange's £20bn merger with Refinitiv is delayed until next year, PUNT OF THE WEEK: Veterinary and pet pharma firm CVS is thriving during the pandemic, DIRECTOR DEALS: Marshalls finance director Jack Clarke offloads £421k worth of shares, Can capitalism power positive change?

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