Wynnstay Group PLC New Chairman (0145P)
15 Febrero 2021 - 1:00AM
UK Regulatory
TIDMWYN
RNS Number : 0145P
Wynnstay Group PLC
15 February 2021
15 February 2021
AIM: WYN
WYNNSTAY GROUP PLC
("Wynnstay" or "the Group")
New Chairman
The Board of Wynnstay, the agricultural supplies group,
announces that after eight years as Chairman and 10 years as a
member of the Board, Jim McCarthy, will be stepping down from his
position at the forthcoming annual general meeting on Tuesday, 23
March 2021.
Jim will be succeeded by Steve Ellwood, Non-executive Director,
who will take up the role on 23 March. In order to ensure a smooth
transition, Jim will remain on the Board as a Non-executive
Director until 31 July 2021 when he will retire.
Steve joined Wynnstay's Board as Non-executive Director in
January 2016. He has significant experience of the UK agricultural
sector, having previously been Head of Agriculture at HSBC for 10
years, and Head of Food and Agriculture at Smith & Williamson.
Steve also holds non-executive directorship positions at: NIAB
Group, the crop science and research organization; AH Worth, the
fresh produce group, where he is Chairman; and Velcourt, the
international farm management group.
It is the Board's intention to appoint an additional
non-executive director, and it has commenced a recruitment process
to identify suitable candidates.
Jim McCarthy, outgoing-Chairman of Wynnstay Group plc,
commented:
"After 10 years on the Wynnstay Board, I step down, confident
about the Group's growth prospects. The business has a strong
management team, clear growth strategy, and robust balance
sheet.
"I am delighted to handover to Steve. He is highly experienced,
with significant knowledge of the sector as well as of Wynnstay. I
have no doubt that he will help to drive the successful execution
of the Board's strategy, and wish him and all my colleagues every
success."
Steve Ellwood, Chairman-elect of Wynnstay Group plc,
commented:
"On behalf of the Board, I would like to thank Jim for his
significant contribution to the Board and to Wynnstay over the past
10 years. His commitment to the Group has been outstanding.
"I am excited about the Group's prospects. Wynnstay is very
well-positioned, both operationally and financially, as the
agricultural sector embarks on a transition set by Brexit and the
UK Agriculture Bill. We believe that there is a clear opportunity
for Wynnstay to assist UK farmers to feed the nation in a more
sustainable, environmentally-friendly and profitable way."
Enquiries:
Wynnstay Group plc Gareth Davies, Chief T: 1691 827
Executive 142
Paul Roberts, Finance
Director
KTZ Communications Katie Tzouliadis / Dan T: 020 3178
Mahoney 6378
Shore Capital (Nomad Stephane Auton / Patrick T: 020 7408
and Broker) Castle / 4090
John More
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.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
BOATTMRTMTIBBJB
(END) Dow Jones Newswires
February 15, 2021 02:00 ET (07:00 GMT)
Wynnstay (LSE:WYN)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Wynnstay (LSE:WYN)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024