Greggs PLC Chief Executive Succession (6240X)
06 January 2022 - 6:06PM
UK Regulatory
TIDMGRG
RNS Number : 6240X
Greggs PLC
06 January 2022
6 January 2022
GREGGS plc
CHIEF EXECUTIVE SUCCESSION
At the time of our 2020 results we stated that the Company's
Nominations Committee would be addressing Chief Executive
succession as Roger Whiteside approached retirement age. Following
a comprehensive process, which considered internal and external
candidates, Greggs today announces the appointment of Roisin
Currie, currently Greggs Retail and Property Director, as Chief
Executive to be effective from the date of the Company's Annual
General Meeting in May 2022. Roger Whiteside has given notice of
his intention to retire from the company and it has been agreed
that Roger will step down from the Board at the close of the AGM,
but will remain available to support the transition process until
his notice expires on 5 January 2023.
In the interim period pending appointment as Chief Executive,
Roisin will be appointed as CEO Designate and as an Executive
Director with effect from 1 February 2022.
Roisin currently holds the position of Retail and Property
Director, with responsibility for Greggs' retail operations across
the UK and its central support team. Additionally, Roisin leads the
development of the Greggs shop estate and its growing delivery
business, in partnership with Just Eat. As a member of the
company's Operating Board, she has played a key role in the
development of the strategic plans set out last year.
Prior to joining Greggs in 2010, Roisin worked at Asda where she
held People Director roles responsible for the organisation's
retail and distribution operations. She is a trustee of the Greggs
Foundation and is Chair of the Employers Forum For Reducing
Re-offending.
Ian Durant, Greggs Chairman, said, "Roisin has played a central
role in the success of Greggs as it has developed as a
multi-channel food-on-the-go business and I am delighted that she
will lead the next phase of our growth as Chief Executive. She has
deep experience of our culture and our strategic plan, and will
lead with energy and character. Roger Whiteside has been an
outstanding Chief Executive and I wish him well for the future.
Roisin and I look forward to working with Roger to ensure a smooth
transition. "
Roisin Currie said, "I am delighted to be appointed as Chief
Executive at a time when Greggs has so much potential ahead of it.
Having been a senior executive in the business for twelve years I
understand our values-driven approach and the contribution that our
25,000 colleagues make each day. We have created a plan for strong
growth and further strategic development of Greggs and I look
forward to driving this in the coming years. "
Roger Whiteside, Chief Executive said, "Greggs is a fantastic
organisation with a very strong team. Roisin is a great leader and
has played a key role in the development of the business over many
years, most recently in shaping our ambitious plans for further
growth. I look forward to supporting her in the transition to her
new role."
This announcement is made pursuant to Listing Rule 9.6.13R (1)
to (6). There are no further matters required by paragraphs 9.6.13R
(1) to (6) of the Listing Rules to be disclosed in relation to
Roisin Currie.
This announcement includes inside information as defined in
Article 7 of the Market Abuse Regulation (EU) No. 596/2014 (as it
forms part of the laws of the UK by virtue of the European Union
(Withdrawal) Act 2018 (as amended).
The person responsible for arranging the release of this
announcement on behalf of Greggs plc is Jonathan Jowett, Company
Secretary and General Counsel.
ENQUIRIES:
Greggs plc Hudson Sandler
Ian Durant, Chairman Wendy Baker / Hattie Dreyfus / Nick Moore
Roger Whiteside, Chief Executive Tel: 020 7796 4133
Richard Hutton, Finance Director
Tel: 0191 281 7721
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END
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