Games Workshop Appoints New Non-Executive Director as Board Changes Take Effect

Games Workshop (LSE:GAW) has announced the appointment of Nilufer Kheraj OBE as a Non-Executive Director, with the role taking effect from 1 January 2026. Kheraj brings more than three decades of corporate and commercial legal experience, having spent 31 years at Slaughter and May, including 27 years as a partner. She also currently serves as a Non-Executive Director at Legal & General Group.

Alongside the appointment, the company confirmed that Kate Marsh, a long-standing Non-Executive Director and Chair of the Remuneration Committee, will step down from the board at the end of December 2025. Randal Casson will assume the role of Chair of the Remuneration Committee from 1 January 2026.

Games Workshop said it has also begun the process of recruiting an additional Non-Executive Director, in line with UK corporate governance guidelines. The board changes form part of a broader focus on succession planning, governance strength and board renewal as the group continues to expand.

From a market perspective, the company’s outlook continues to be supported by strong financial performance and positive corporate developments. Technical indicators point to robust share price momentum, although some measures suggest the stock may be approaching overbought levels. A relatively high valuation slightly tempers the otherwise positive view.

More about Games Workshop

Games Workshop Group PLC is a UK-based designer, manufacturer and retailer of fantasy and science-fiction tabletop gaming products. The group is best known for its Warhammer franchises and sells miniatures, rulebooks and related merchandise through a global network of company-owned stores, online platforms and independent retailers.

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