Finance

WH Smith draws up plans to find a new chairman, Sky News reports

Published by Global Banking & Finance Review

Posted on January 11, 2026

1 min read

· Last updated: January 20, 2026

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WH Smith draws up plans to find a new chairman, Sky News reports
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Jan 11 (Reuters) - Travel retail group WH Smith is drawing up plans to find a new chairman amid a battle to restore investors' faith in the company, Sky News reported on Sunday. The search for two new

WH Smith Plans to Appoint New Chairman Amid Investor Concerns

WH Smith's Leadership Transition

Jan 11 (Reuters) - Travel retail group WH Smith is drawing up plans to find a new chairman amid a battle to restore investors' faith in the company, Sky News reported on Sunday.

Current Board Challenges

The search for two new non-executive directors is expected to lead to the recruitment of a candidate capable of replacing Annette Court within about 18 months, Sky News said.

Timeline for New Appointments

Reuters could not immediately verify the report.

Replacing Annette Court

(Reporting by Mihika Sharma in BengaluruEditing by Tomasz Janowski)

Key Takeaways

  • WH Smith is planning to appoint a new chairman.
  • The search is part of efforts to regain investor confidence.
  • Two new non-executive directors are also being sought.
  • Annette Court's replacement is expected within 18 months.
  • Sky News reported the leadership changes.

Frequently Asked Questions

What is corporate governance?
Corporate governance refers to the systems and processes that direct and control a company. It encompasses the mechanisms through which companies, and those in control, are held accountable.
What is a chairman?
A chairman is the head of a company's board of directors. They are responsible for leading board meetings, ensuring effective governance, and representing the company in various capacities.
What are non-executive directors?
Non-executive directors are members of a company's board who do not engage in the day-to-day management of the company. They provide independent oversight and contribute to strategic decision-making.
What is an investor advisory service?
Investor advisory services provide guidance and recommendations to investors regarding their investment strategies, portfolio management, and market conditions to help them achieve their financial goals.
What is a leadership transition?
A leadership transition refers to the process of changing leadership within an organization, which may involve appointing new executives or board members to guide the company in a new direction.

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