Board of directors

Skills, competencies and experience:

Patrick joined Saga as Chairman in May 2018. He has a wealth of experience in the financial and insurance industry gained from a number of senior roles he held at the Bank of America, Goldman Sachs, Financial Guaranty Insurance Company and Barclays/BZW. Patrick spent 12 years at Zurich Insurance Group, where he held positions including CEO of Eagle Star Insurance Company, CEO of UK General Insurance, Group Chief Financial Officer and Vice Chairman of the Management Board. Previous non-executive roles have included Chairman of the UK’s Shareholder Executive, Deputy Governor of the Bank of Ireland, Senior Independent Director at Man Group plc and Chairman of the Audit Committee at Collins Stewart plc and Cofra Group AG. Patrick is an experienced chairman having been Chairman of the UK’s Shareholder Executive and is current Chairman of the FTSE 100 diversified financial services conglomerate, Old Mutual plc.

Other roles:

Patrick will continue in his role as Chairman of Old Mutual plc until the formal separation of Old Mutual is completed. He is also Chairman of ERS (syndicate 218), a Lloyd’s market specialist motor insurer.

Committee membership:

Nomination (Chair)

Skills, competencies and experience:

Lance joined Saga as Group Chief Executive Officer in March 2014. Lance has worked in consumer-facing businesses and brand-centric roles throughout his career, focusing on creating products that are tailored to the customer. He holds an MBA from Harvard Business School and began his career as a Royal Navy submarine officer. He went on to hold senior marketing positions at Procter & Gamble, Amazon.com and Vodafone, before becoming CEO of Tesco Mobile between 2008–2011 and CEO of Domino’s Pizza Group plc between 2011-2014. Lance brings a wealth of senior operational experience in listed companies to his role at Saga. Since he joined as Chief Executive Officer in 2014, the business has grown its underlying core profits, invested in the growth of passengers and policies, commissioned the build of two new ships, introduced a motor broking panel, launched its membership programme, Possibilities, and replaced most of its key IT systems.

Other roles:

Lance is a Trustee of the National Gallery and White Ensign Association. He is also a Vice Patron of the Royal Navy & Royal Marines Charity

Committee membership:

Executive.

Skills, competencies and experience:

Jonathan is a chartered accountant with over 26 years’ experience across multiple market industry sectors, including senior roles within TUI Travel and Centrica. Jonathan, who joined Saga from Bovis Homes Group plc where he was Group Finance Director, has a significant amount of experience in strategic planning and development, and delivery of large corporate projects. He brings this and a wealth of senior financial, operational and listed company experience to his role and the Board at Saga. Jonathan resigned from his position in March 2018 and will work six month’s notice. A search for his successor has commenced.

Committee membership:

Executive.

Skills, competencies and experience:

Ray has a strong background in business and financial management. He has led a business similar to Saga, as Group Chief Executive of Bupa from 2008 - 2012 and as Chief Financial Officer from 2001 - 2008. His earlier executive roles included Director of Group Finance and Control of Diageo plc, Group Finance Director of Southern Water plc and senior roles at ICI plc. Ray has previously been a Non-Executive director at The Financial Reporting Council, Infinis Energy plc and Friends Provident plc and a Reporting Panel Member of the Competition and Markets Authority. Ray’s significant financial experience and his Non-Executive Director experience (including that of chairing audit committees), are all immensely helpful and valued by the Board.

Other roles:

Ray is currently a Non-Executive Director of Rothesay Holdco UK Ltd and of its regulated subsidiary, Rothesay Life plc.

Committee membership:

Audit (Chair), Nomination, Remuneration and Risk.

Skills, competencies and experience:

Bridget brings to the Board a wealth of insurance experience coupled with considerable general and financial experience gained from her previous roles as Chief Executive of the RSA UK business, Director of RSA Insurance Group plc, and a variety of senior roles at Aviva (and pre-merger Norwich Union). Bridget, who is an associate with the Chartered Institute of Management Accountants, has a strong understanding of how retail businesses work and a track record in improving business performance. Her contributions to Saga and the Board, drawn from her previous experiences, are valued immensely.

Other roles:

Bridget is currently a Non-Executive Director of Adnams plc and Jarrold & Sons Limited, and is founder of her own social enterprise organisation ‘dream on’, a Suffolk-based community interest company focused on improving the lives of women.

Committee membership:

Audit, Nomination, Remuneration and Risk.

Skills, competencies and experience:

Orna, who has significant experience in strategy and new concept development and launch, business turnaround, logistics redesign and supply change management, joined the Company in May 2014, on listing. She was subsequently appointed as Senior Independent Non-Executive Director for Saga in March 2017. Previously, Orna was Senior Independent Non-Executive Director of HMV plc, Northern Foods plc and Bupa and a Non-Executive Director of the Bank of Ireland UK Holdings plc and Bristol & West plc. She is a former Partner at McKinsey & Company, where her client portfolio included many consumer-facing clients. Orna brings a wealth of varied and valued skills to the Board along with her considerable experience in other Non-Executive Director roles.

Other roles:

Orna is currently Senior Independent Non-Executive Director and Chair of the Remuneration Committee of Royal Mail plc, Non-Executive Director and Chair of the Remuneration Committee at Burberry plc, the Deputy Chair of the National Trust, Trustee of Sir John Soane’s Museum and Chair of Client Service at Eden McCallum.

Committee membership:

Risk (Chair), Audit, and Remuneration.

Skills, competencies and experience:

Gareth’s expertise is in all aspects of human resource and people strategy which he gained from his previous positions including Human Resources Director of Diageo plc (where he also had oversight responsibility for corporate relations) and a series of key positions in human resources at Grand Metropolitan plc. Gareth’s contributions to the Board and its Committees bring a unique perspective to discussions, drawn from his experience of working at Director level in a consumer facing organisation and his knowledge of corporate relations, management development and resourcing

Other roles:

Gareth is currently a Non-Executive Director of WNS (Holdings) Limited.

Committee membership:

Remuneration (Chair), Audit, Nomination and Risk.