REG - C&C Group Plc - Board Changes

C&CAnnouncement

14/01/2025 07:00

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RNS Number : 1558T  C&C Group Plc  14 January 2025

This announcement contains inside information.

C&C Group plc

("C&C" or "the Group")

Board Changes

C&C Group plc, the vertically integrated premium branded drinks group and
leading drinks distributor to the UK and Ireland hospitality sectors,
announces the following Board changes:

John Gibney has informed the Board of his intention to step down as a
Non-Executive Director of the Group, with effect from 13 January 2025.  John
has worked closely with Andrew Andrea, Chief Financial and Transformation
Officer, to deliver substantial improvement in the Group's risk and internal
control processes. As such, he now feels this is an appropriate time for him
to step down and the new leadership team to continue this work.

John will be succeeded by Feargal O'Rourke, Non-Executive Director, as Chair
of the Audit Committee. During a 37 year career with PwC, latterly serving as
Managing Partner in Ireland until his retirement from the professional
services firm in October 2023, Feargal advised Irish and international
companies on a broad range of financial issues including investment, financing
and business structuring. In January 2024, he was appointed
by Ireland's Minister for Enterprise, Trade and Employment as Chair of IDA
Ireland and is also Chair of the Institute of International and European
Affairs, the Irish based international think tank.

 

In addition, Mark Chilton, Company Secretary and Group General Counsel, has
notified the Board that he will retire on 31 August 2025.  Gillian Kyle,
currently Deputy Company Secretary, will take on the role of Company Secretary
with effect from the close of the 2025 AGM.  A highly experienced company
secretariat professional, Gillian joined C&C in 2023 from The Weir Group
PLC where she was Deputy Company Secretary (2015-2023), having previously held
a similar role at Aggreko plc from 2008-2015.

As previously announced, Ralph Findlay will return to the position of
Non-Executive Chair as of 1 March 2025 following a short period of transition
after Roger White joins the business as Chief Executive Officer on 20 January
2025.  Ralph will also resume the role of Chair of the Nomination Committee
at that time.

Ralph Findlay, Chair and CEO of C&C Group plc, commented:

"On behalf of the Company and the Board, I would like to thank John for his
significant contribution to C&C during his tenure with the business.  We
wish John every success for the future and are delighted to welcome Feargal to
the role of Audit Committee Chair.

"I would also like to thank Mark for his dedication and commitment to the
business over the last six years with the Group.  We wish him well in his
retirement later this year and look forward to Gillian supporting the Board as
Company Secretary."

This announcement has been made in accordance with the requirements of Listing
Rule 6.4.6 and there is no further information to be disclosed under the
requirements of Listing Rule 6.4.8.

14 January 2025

 

ENQUIRIES

C&C Group plc

Email: investor.relations@candcgroup.ie

Instinctif
Partners
T: +44 (0)20 7457 2020

Justine Warren/ Tim Pearson/ Amelia Thorn

Email: candccapmkts@instinctif.com

 

Irish Media

FTI Consulting

Jonathan Neilan / Paddy Berkery / Niamh O'Brien

Tel:   +353 86 231 4135 / +353 86 602 5988 / +353 87 707 8379

Email:  C&CGroup@fticonsulting.com

 

About C&C Group plc

C&C Group plc is a leading, vertically integrated premium drinks company
which manufactures, markets and distributes branded beer, cider, wine,
spirits, and soft drinks across the UK and Ireland.

·    C&C Group's portfolio of owned/exclusive brands include Bulmers,
the leading Irish cider brand and Tennent's, the leading Scottish beer brand;
as well as a range of fast-growing, premium and craft ciders and beers, such
as Heverlee, Menabrea, Five Lamps and Orchard Pig. C&C exports its Magners
and Tennent's brands to over 40 countries worldwide.

·    C&C Group has owned brand and contract manufacturing/packing
operations in Co.Tipperary, Ireland and Glasgow, Scotland.

·    C&C is the No.1 drinks distributor to the UK and Ireland
hospitality sectors. Operating through the Matthew Clark, Bibendum, Tennent's
and Bulmers Ireland brands, the Group has a market leading range, scale and
reach including an intimate understanding of the markets it serves. Together
this provides a key route-to-market for major international beverage
companies.

C&C Group plc is an Irish incorporated FTSE 250 company headquartered in
Dublin and is listed on the London Stock Exchange.

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