REG - Britvic plc - Directorate Change

BritvicAnnouncement

14/12/2022 10:00

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RNS Number : 5749J  Britvic plc  14 December 2022

Britvic plc

("Britvic" or the "Company")

Legal Entity Identifier: 635400L3NVMYD4BVCI53

 

14 December 2022

 

DIRECTORATE CHANGES

 

The Board of Britvic today announces that it has appointed Ian Durant as an
independent Non-Executive Director and Chair designate, such appointment to
take effect from 1 February 2023. Ian will also join the Nomination
Committee.

 

John Daly is due to step down as Britvic's Chair on his planned retirement
from the Board in the summer of 2023, after serving for over eight years, at
which point Ian will become Chair. This early appointment will allow for a
meaningful handover period, as part of a planned succession. John Daly was
appointed Chair of Britvic in September 2017, having first joined the Board in
January 2015 as an independent Non-Executive Director, before becoming Senior
Independent Director in 2016.

 

Ian has many years of experience in consumer facing businesses and in retail.
He currently serves as the Chair of Warren Partners Ltd, having recently
stepped down as Chair of Greggs plc and has previously served as Chair of DFS
Furniture plc and Capital & Countries Properties plc in the last five
years. His earlier career included senior leadership roles at Liberty
International Plc and Thistle Hotels. Other boards he has served on as a
Non-Executive Director include Greene King plc, Home Retail Group PLC and
Westbury plc.

 

John Daly said: "Chairing Britvic has been an honour and a privilege.  I am
proud of what the Company, under Simon Litherland's leadership, has delivered,
and the way in which the Board has worked alongside the business. Over this
time, Britvic's success and holistic growth ambitions have transformed its
standing in the world of consumer goods companies. When my tenure draws to
its close next year, I will be sad to leave the Company, though I know I will
be leaving the Board in very capable hands, and I look forward to welcoming
Ian to the team."

 

Ian Durant said: "I am delighted to be joining Britvic. It is a well-managed
and well-invested business, with a superb portfolio of soft drinks brands.
Britvic boasts a strong track record of delivery for all of its stakeholders
and it benefits from a highly motivated and talented team right across the
business. I very much look forward to working alongside John and the wider
Board and supporting the Company as it builds on the impressive foundations
the team has laid over recent years."

 

Simon Litherland, Chief Executive Officer, commented: "On behalf of the Board
and management team of Britvic, I would like to thank John for the significant
contribution he has made to Britvic, in particular over the last six years as
Chair. John's guidance, support and commitment have been of real benefit to
Britvic, and to me.  I also look forward to welcoming Ian to the Company when
he joins us next year."

 

There is no additional information which is required to be disclosed under
rule 9.6.13 of the Listing Rules of the UK Listing Authority.

 

ENDS

 

 

For further information please contact:

 

Investors
Steve Nightingale (Director of Investor Relations), +44 (0) 7808 097784

 

Media

Steph Macduff-Duncan (Head of Corporate Communications), +44 (0) 7808 097680

Stephen Malthouse (Headland), +44 (0) 7734 956201

 

About Britvic

Britvic is an international soft drinks business rich in history and heritage.
Founded in England in the 1930s, it has grown into a global organisation with
37 much-loved brands sold in over 100 countries. The company combines its own
leading brand portfolio including Fruit Shoot, Robinsons, Tango, J2O, London
Essence, Teisseire and MiWadi with PepsiCo brands such as Pepsi, 7UP and
Lipton Ice Tea which Britvic produces and sells in Great Britain and Ireland
under exclusive PepsiCo agreements.

 

Britvic is the largest supplier of branded still soft drinks in Great Britain
and the number two supplier of branded carbonated soft drinks in Great
Britain. Britvic is an industry leader in the island of Ireland with brands
such as MiWadi and Ballygowan, in France with brands such as Teisseire,
Pressade and Moulin de Valdonne and in its growth market, Brazil, with
Maguary, Bela Ischia and Dafruta. Britvic is growing its reach into other
territories through franchising, export, and licensing.

 

Britvic is a purpose-driven organisation with a clear vision and a clear set
of values. Our purpose, vision and values sit at the heart of our company,
driving us forward together to create a better tomorrow. We want to contribute
positively to the people and world around us. This means ensuring that our
sustainable business practices, which we call Healthier People, Healthier
Planet, are embedded in every element of our business strategy.

 

Britvic is listed on the London Stock Exchange under the code BVIC and is a
constituent of the FTSE 250 index.   Find out more at
https://www.britvic.com/ (https://www.britvic.com/)

 

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