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RNS Number : 6366Z
Greencore Group PLC
15 September 2022
15 September 2022
Greencore Group plc
Appointment of Chair Designate
The Board of Greencore Group plc ("Greencore" or the "Group"), a
leading manufacturer of convenience foods in the UK, today
announces that, following a comprehensive Chair search and
selection process, it has appointed Leslie Van de Walle as a
Non-Executive Director and Chair Designate. Leslie will join the
Board as a Non-Executive Director on 1 December 2022.
Leslie will succeed the present Chair, Gary Kennedy at the
conclusion of Greencore's Annual General Meeting ('AGM') in January
2023. Gary, who has been Executive Chair since 2021, Chair since
2013 and a Non-Executive Director since 2008, will retire as Chair
and from the Board on the same date.
Leslie is currently Chair of Euromoney Institutional Investor
plc and is a Non-Executive Director of HSBC UK Bank plc. His
extensive executive career has included serving as Group Chief
Executive Officer at Rexam plc, and as Executive Vice President of
Global Retail at Shell. Leslie also brings many years of food
industry experience and knowledge from previous senior management
positions at Danone, Cadbury Schweppes and United Biscuits plc,
where he served as Group Chief Executive Officer.
In addition, he has held various non-executive roles and was
previously Chair of Robert Walters plc and SIG plc, as well as
Deputy Chair and a Non-Executive Director and Chair of the
Nomination Committee at Crest Nicholson Holdings plc and Senior
Independent Director and Chair of the Remuneration Committee of DCC
plc.
Gary Kennedy, Executive Chair, commented:
" Leslie brings a wealth of Non-Executive and Chair experience
across multiple sectors including food. I know that he will provide
the Board with strong and effective leadership and that he will be
a great support to our incoming CEO, Dalton Philips, who has been
involved in the process and welcomes Leslie's appointment.
It has been a privilege to work with so many talented colleagues
at Greencore for nearly fifteen years, as we transformed the Group
into a leader in the UK convenience food sector. I have every
confidence that the Group has the capabilities to continue to lead
and grow in its markets in the years ahead ."
Leslie Van de Walle commented:
"I am excited to be joining Greencore at such an important time
for the business. Strong progress has been made in driving revenue
growth and improved profit conversion against the backdrop of a
very challenging economic and food industry environment. I am
looking forward to working with Dalton, his executive team and the
Board to advance this further and to create superior value for
stakeholders."
Sly Bailey, Chair of the Nomination and Governance Committee,
commented:
"Following an extensive and thorough search the Board is
delighted to appoint Leslie as Chair Designate. Leslie is a highly
experienced Chair who brings a strong understanding of the
business, its markets and the opportunities available within the UK
food industry. I know he will lead the Board with determination and
flair. On behalf of Greencore I welcome Leslie to the Board."
"I would also like to take the opportunity to thank Gary for his
outstanding contribution to the business since 2008. He has led the
Board through the most exceptional and challenging times
culminating as Executive Chair. His enthusiasm and commitment to
Greencore and its people have been unwavering. He leaves with our
grateful thanks and best wishes for every future success."
This announcement is made pursuant to LR 9.6.11 and LR 9.6.13 of
the Listing Rules. Greencore confirms there is no further
information to be disclosed under the requirements of LR 9.6.11 or
9.6.13 of the Listing Rules in relation to Leslie's
appointment.
For further information, please contact:
Gary Kennedy Executive Chair Tel: +353 (0)
1 486 3313
Emma Hynes Chief Financial Officer Tel: +353 (0)
1 486 3307
Rob Greening/ Nick Hayns/ Powerscourt Tel: +44 (0) 20
Sam Austrums 7250 1446
Billy Murphy/ Claire Rowley/ Drury Communications Tel: +353 (0)
Cian Doherty 1 260 5000
About Greencore
We are a leading manufacturer of convenience food in the UK and
our purpose is to make every day taste better. We supply all of the
major supermarkets in the UK. We also supply convenience and travel
retail outlets, discounters, coffee shops, foodservice and other
retailers. We have strong market positions in a range of categories
including sandwiches, salads, sushi, chilled snacking, chilled
ready meals, chilled soups and sauces, chilled quiche, ambient
sauces and pickles, and frozen Yorkshire Puddings.
In FY21 we manufactured 645m sandwiches and other food to go
products, 117m chilled prepared meals, and 256m bottles of cooking
sauces, pickles and condiments. We carry out more than 10,500
direct to store deliveries each day. We have 21 world-class
manufacturing units across 16 locations in the UK, with
industry-leading technology and supply chain capabilities. We
generated revenues of GBP1.3bn in FY21 and employ approximately
13,000 people. We are headquartered in Dublin, Ireland.
For further information go to greencore.com or follow Greencore
on social media.
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END
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