Caledonia Investments plc announced that Will Wyatt, as part of long term succession planning, has informed the board of his intention to retire as Chief Executive at the Company's annual general meeting in July 2022. Subject to re-election by shareholders, the board has invited him to continue to serve as a non-executive director. Will is to be succeeded as Chief Executive by Mathew Masters, who is currently Head of Caledonia Quoted Equity. Mat will join the board as Chief Executive designate on 1 April 2022. Will has served as an executive director since 2005 and was appointed as Chief Executive in 2010.