UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
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FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
August 2006
Barclays PLC and
Barclays Bank PLC
(Names of Registrants)
1 Churchill Place
London E14 5HP
England
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F x Form 40-F
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No x
If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b):
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This Report is a joint Report on Form 6-K filed by Barclays PLC and Barclays
Bank PLC. All of the issued ordinary share capital of Barclays Bank PLC is
owned by Barclays PLC.
This Report comprises:
Information given to The London Stock Exchange and furnished pursuant to
General Instruction B to the General Instructions to Form 6-K.
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EXHIBIT INDEX
1. Directorate Change dated 31 August 2006
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each of
the registrants has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
BARCLAYS PLC
(Registrant)
Date: August 31, 2006 By: /s/ Patrick Gonsalves
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Patrick Gonsalves
Deputy Secretary
BARCLAYS BANK PLC
(Registrant)
Date: August 31, 2006 By: /s/ Patrick Gonsalves
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Patrick Gonsalves
Joint Secretary
31st August 2006
Marcus Agius appointed to succeed Matt Barrett as Chairman
Barclays PLC ("Barclays") and Barclays Bank PLC ("Barclays") announce the
following changes to their Boards.
Matthew W Barrett (62) is to retire as Chairman on 31st December 2006. Mr
Barrett will be succeeded by Marcus Agius (60), who is appointed a non-executive
Director of Barclays with effect from 1st September 2006.
Marcus Agius is currently a Deputy Chairman of Lazard LLC and Chairman of Lazard
London. He has been Chairman of BAA plc since 2002. With effect from 1st January
2007, when he becomes Chairman of Barclays, he will relinquish all
responsibilities at Lazard.
Commenting, Matt Barrett says:
"It has been a great privilege to serve Barclays over the past seven years. It
has been fulfilling to lead the transformation of the business and the
transition to a powerful new management team under John Varley. The performance
of the Group is the best in its history and, with the transition to the new
management team successfully completed, I am delighted to hand over the
Chairman's reins to Marcus Agius who brings great experience, knowledge and
independence to the role."
Commenting, John Varley, Group Chief Executive, says:
"Matt has been an inspirational leader at Barclays over the past seven years. He
set a clear strategy for the business and leaves the Group at a time of
considerable strength and record profitability. His Barclays colleagues will
miss him greatly. I am delighted that we have found a proven and strong
successor in Marcus Agius and I look forward to working with him."
Commenting, Sir Nigel Rudd, Deputy Chairman, says:
"Having led the process to appoint a successor to Matt, I am delighted that
Marcus Agius has accepted the Board's invitation to become Chairman of Barclays.
He will bring enormous experience to the role. The Board owes a large debt of
gratitude to Matt for his contribution firstly as Group Chief Executive then as
Chairman, and we wish him well in his retirement."
Commenting, Marcus Agius says:
"I am very pleased at the prospect of becoming Chairman of Barclays; it is a
great company with a distinctive portfolio of businesses and a strong brand. It
is well positioned to take advantage of the opportunities arising in the
financial services sector."
ENDS
Biographical details are attached.
Contractual arrangements are attached.
Photographs available at www.barclays.com
Contacts:
For further information please contact:-
Media Relations Investor Relations
Stephen Whitehead Anne Ramsay
+44 (0) 20 7116 6060 +44 (0) 20 7116 8171
BIOGRAPHICAL NOTES: MARCUS AGIUS
Education
St George's College, Weybridge
Trinity Hall, Cambridge
(MA, Mechanical Sciences & Economics)
Harvard Business School (MBA)
Professional Experience:
1968 - 1970 VICKERS LTD
Engineering Graduate Trainee
1972 - present LAZARD
1981 Director
1984 Managing Director
1989 - 2002 Vice Chairman
1989 - 2002 Managing Director, Lazard Freres & Co LLC
2002 - date Deputy Chairman, Lazard LLC
2002 - date Chairman, Lazard Bank Ltd
Other company directorships:
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Formerly Carless Capel and Leonard plc
Non-Executive Director
1995 - date BAA plc
1995 - 1998 Non-Executive Director
1998 - 2002 Deputy Chairman
2002 - date Chairman
31st August 2006
Contractual Arrangements and Interests in Shares - Marcus Agius
The appointment of Mr Agius as a non-executive Director of Barclays PLC and
Barclays Bank PLC ("Bank") will become effective on 1st September 2006.
Mr Agius will become Chairman on 1st January 2007.
As a non-executive Director of Barclays, Mr Agius will receive an annual fee of
GBP65,000 (pro rata).
Service Contract
From 1st January 2007, on becoming Chairman, Mr Agius will receive a base salary
of GBP750,000. He will also be eligible for private health insurance. The time
commitment will be equivalent to 60% of a full time role.
Mr Agius is not eligible to participate in the Bank's bonus and long-term
incentive schemes, nor will he participate in the Bank's pension schemes or
receive any pension contributions.
Notice Period
The service contract provides for a notice period of 12 months from Barclays or
a notice period of 6 months from Mr Agius.
Contract Availability
Mr Agius' service contract will be held by the Barclays Corporate Secretariat
and will be available for inspection during normal business hours at the Group's
Head Office: 1 Churchill Place, London, E14 5HP from 1st September 2006.
Beneficial Interests in Barclays PLC Ordinary Shares
Mr Agius has no beneficial interests in the ordinary shares of Barclays PLC.
There are no other details that are required to be disclosed in respect of Mr
Agius' appointment under Paragraph 9.6.13 of the Listing Rules of the UK Listing
Authority.