Real Good Food PLC Directorate Change (1861B)
19 September 2018 - 4:01PM
UK Regulatory
TIDMRGD
RNS Number : 1861B
Real Good Food PLC
19 September 2018
Real Good Food plc
("Real Good Food" or "the Company")
Directorate Change
Real Good Food plc (AIM: RGD) the diversified food business, is
pleased to announce the appointment of Steve Dawson as an
Independent Non-Executive Director of the Company with immediate
effect.
Steve is an experienced specialist in food and beverage brands
in the UK and in North America. He is currently the managing
director and founder of BrandGrowth LLC ("BrandGrowth") a
consultancy focused on advising food and beverage brands on how to
achieve their growth strategies. Clients have included First Milk,
Burton's Biscuits and Bahlsen.
In August 2016 Steve was appointed as the Interim CEO of Bahlsen
North America, Inc. to return the business to profitability. In
2017, the business was stabilized, with operating losses cut by
two-thirds. When he left Bahlsen in May 2018, the business was
projected to break even and generate double-digit net sales growth
by year-end.
Prior to founding BrandGrowth in January 2016, Steve was the CEO
of the US division of Walkers Shortbread Inc, the Scottish premium
cookie manufacturer from April 2007 to December 2015, a period in
which the Walkers brand saw consistent growth in sales and category
share. Before that, he was Managing Director of Food From Britain
North America for eight years.
Hugh Cawley, Chief Executive Officer, commented:
"On behalf of the Company, I am delighted to welcome Steve to
the Board. His extensive experience in both the USA and in food
brands will undoubtedly prove to be very useful and will add
significant value to the Company. I look forward to working with
him as we continue to improve the Group's performance.
"Steve's appointment follows that of Mike Holt in August and
means that we now have a better balance of executive,
non-executive, and independent non-executive directors, in line
with our commitment to improved corporate governance."
Enquiries:
Real Good Food plc Tel: 0151 541 3790
Hugh Cawley, Chief Executive
Harveen Rai, Finance Director
finnCap Limited (Nomad and Broker) Tel: 020 7220 0500
Matt Goode / Carl Holmes / James Thompson
(Corporate Finance)
MHP Communications (Financial PR) Tel: 020 3128 8100
Reg Hoare / Katie Hunt rgf@mhpc.com
About Real Good Food
Real Good Food plc is a diversified food business serving a
number of market sectors including retail, manufacturing, foodservice
and export. The Company focuses on three main markets: Cake
Decoration (Renshaw and Rainbow Dust Colours), Food Ingredients
(R W Scott and Brighter Foods) and Premium Bakery (Chantilly
Patisserie).
The information communicated in this announcement contains
inside information for the purposes of Article 7 of the Market
Abuse Regulation (EU) No. 596/2014.
The following information regarding the appointment of Steve
David Lyell Dawson, aged 58, is disclosed under Schedule 2(g) of
the AIM Rules for Companies:
Current directorships and/or Former directorships and/or
partnerships: partnerships (within the last
five years):
BrandGrowth LLC Walkers Shortbread Inc.
Bahlsen North America Inc.
There are no further disclosures required under Schedule 2(g) of
the AIM Rules for Companies.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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