Neil Chatfield and Wendy Murdock will be appointed non-executive directors pending successful completion of acquisition of Recall by Iron Mountain
Sydney, Australia: September 28, 2015 Recall Holdings Limited (ASX:REC), a global leader in document storage, digital information solutions, data protection and secure destruction services, announced today that Neil Chatfield and Wendy Murdock, currently serving as Recall non-executive directors, will be appointed as non-executive directors to the Board of Iron Mountain Incorporated (NSYE: IRM) (“Iron Mountain”), pending the successful completion of the acquisition of Recall by Iron Mountain.
Their appointments will be effective upon implementation of the Scheme pursuant to the terms of the Scheme Implementation Deed entered into by Recall and Iron Mountain on 8 June 2015. The transaction remains subject to regulatory approval in a number of jurisdictions as well as the approval of both parties’ shareholders and is not anticipated to be completed until the first half of calendar 2016.
The Chairman of Recall, Ian Blackburne said, “The strong commercial experience of Neil Chatfield and Wendy Murdock, together with their extensive experience serving on the boards of public companies, will ensure they make valuable contributions to the Board of Iron Mountain. In addition, given the material proportion of the combined group that Recall’s operations will comprise, Neil and Wendy will provide strong continuity for the business’s future.”
Recall is a global leader in information management solutions, offering customers complete management of their physical and digital information. Recall’s innovative solutions empower organizations to make better business decisions throughout the information lifecycle, while assuring regulatory compliance and eliminating unnecessary resources, time and costs. Recall services more than 80,000 customer accounts in over 300 dedicated facilities, spanning five continents in 25 countries. For more information, please visit recall.com.
For further information, please contact:
Chief Financial Officer
+61 2 9582 0108
Australian media inquiries
+61 405 669 632
US media inquiries
David Sprague or Amanda Fountain
+1 781 684 0770