French oil giant Total has announced that it is pulling out of Iran by November ‘unless some accommodation supported by French and EU authorities can be reached with the US on its sanctions policy’ [or similar wording]. Total, of course, has huge interests in the US market.
However, an interesting director appointment by WSG announced today sending a very positive signal at this time of uncertainty for the group.
From the RNS:
"Patsy Baker is well-known and respected within the City and has considerable public relations and marketing experience, having spent over 20 years as the Group Business Development Director with Bell Pottinger. In November 2017 she joined Huntsworth PLC as Senior Group Advisor.
Patsy’s appointment brings a broader range of skills and diversity to the Board and is in line with the Company’s strategic growth plans and board development.
Patsy will be joining the Nomination, Remuneration and Disclosure Committees.
Commenting on Patsy’s appointment, Westminster’s Chairman, Sir Tony Baldry, said:
“We are delighted that Patsy Baker is joining the Board. Patsy brings enormous experience of companies growing their global business.”
Commenting on her appointment Patsy Baker added:
“I am pleased to be joining the Westminster Group at this time in their evolution. Westminster is an exciting business and I look forward to assisting the Company achieve is growth potential.”