David Nish

David Nish ^[1]

Joined the Standard Life Board in 2005 as a non-executive director. He is Group Finance Director of Standard Life plc and was formerly Executive Director, Infrastructure of Scottish Power plc, and prior to that he was Group Finance Director, a position that he held since 1999, and was appointed Deputy Finance Director of ScottishPower in 1997. He chairs the audit committee. ^[2]

Prior to joining Scottish Power, David was a partner at Price Waterhouse with responsibility for three specific areas: a portfolio of substantial audit assignments, principal partner leading a Transaction Support Group and staff partner for the Scottish audit practice. David also has experience of working in North America, spending two years in the Toronto office of Price Waterhouse.

Educated at Paisley Grammar School, David graduated in 1981 from Glasgow University with a Bachelor of Accountancy, and is a member of the Institute of Chartered Accountants of Scotland.

In April of 2001, Mr. Nish was also appointed to the Board of Thus plc (Scottish Power's telecommunications company, originally known as ScottishTelecom) along with Charles Berry as Chairman. ^[3]

Compay Payoff

David left Scottish Power in September of 2006, pocketing a total of £2.2m in extra compensation and extra pension sums. ^[4]

Notes

1. ^ Photograph from Northern Foods [5], The Board, David Nish, accessed 21 February 2007.
2. ^ Board History from Northern Foods [6], The Board, David Nish, accessed 21 February 2007.
3. ^ Board History from Thus Press Releases, "Thus plc Board Changes", accessed 19 April 2007.
4. ^ Fat Cat payoff information from ThisIsMoney article "Sacked power chiefs get 'obscene' pay-off", accessed 18 June 2006.