Neil Golding has been appointed as Saracens’ new non-executive chairman following Nigel Wray’s retirement last week.
Long-term chairman Wray stepped away from the club with immediate effect, two months after Sarries were docked 35 Premiership points and fined £5.36million for breaching salary cap regulations.
A statement on Thursday said the “immediate priority” for Golding, a Freshfields Bruckhaus Deringer lawyer, was to “oversee new governance measures including steps to ensure regulatory compliance”.
Sarries have the joint-best record in the Premiership this term but sit bottom of the table on minus seven points as a result of their punishment.
Golding said: “It is an honour to be appointed chairman of Saracens.
— Saracens Rugby Club (@Saracens) January 9, 2020
“The success of this great club is rooted in its commitment to the development of talent through its coaches and academy system, player welfare and making a positive impact within its community to create lasting memories.
“I am excited to help build on this wonderful legacy. I also recognise that I am joining the club at a time of significant change.
“We, as a board, are strongly committed to introducing new robust processes and working together with other PRL stakeholders in the best interests of Saracens and English rugby.”