REG - Croda International - Directorate Change

Croda InternationalAnnouncement

22/09/2023 07:00

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RNS Number : 2836N  Croda International PLC  22 September 2023

22 September 2023

 

 

Croda International Plc

 

Appointment of Chair Designate

 

Croda International Plc ("Croda" or "the Company") today announces that it has
appointed Danuta Gray as a Non-Executive Director and Chair Designate. Danuta
will join the Board with effect from 1 February 2024 and will succeed Dame
Anita Frew (DBE) as Chair at the conclusion of the Company's AGM on 24 April
2024. Anita will then retire from the Board after nine years as Croda's Chair.
 

 

Danuta has held Board positions with both FTSE 100 and FTSE 250 companies
across a range of sectors for the past nineteen years. She is currently Chair
of Direct Line Insurance Group Plc and a Non-Executive Director and Chair of
the Remuneration Committee at Burberry Group plc.  She is also a member of
the Employ Autism Development Board.

 

Danuta has extensive Non-Executive listed company Board experience having
previously been Chair of St Modwen Property plc and also having served on the
Boards of: Aldermore Bank plc, Old Mutual plc, Page Group plc, Paddy Power plc
and Aer Lingus plc as well as a Non-Executive Member of the Defence Board of
the UK Ministry of Defence.

 

On joining the Board, Danuta will be appointed to the Nomination Committee and
will succeed Anita Frew as Chair of the Nomination Committee in April 2024.

 

Jacqui Ferguson, Senior Independent Director said:

 

"I am delighted that the comprehensive search process for our next Chair has
resulted in the appointment of Danuta. Danuta is a highly experienced
Non-Executive Director and Chair with a deep understanding of growing consumer
focused and high technology businesses in international markets.  She has
served on the Boards of a variety of listed companies and her depth of
Boardroom experience and strong understanding of UK governance will be of
enormous benefit to Croda.

 

On behalf of the Board and everyone at Croda, I would like to thank Anita for
her outstanding commitment to Croda since 2014 and her leadership of the Board
and stewardship during what has been a period of significant growth and strong
performance".

 

Danuta Gray said:

 

"I feel tremendous affinity with Croda given the Group's strong customer
focus, market-leading innovation and passion for using smart science to
improve lives.  With its talented employees, positive culture and refocused
portfolio, Croda has an exciting future and I look forward to working with the
Croda team to deliver on opportunities that are ahead."

 

Dame Anita Frew, Chair said:

 

"It has been my great privilege to work with Croda and to serve as Chair of
the Board since 2014 and I am delighted that I will in due course be handing
over the reins to Danuta who will help steer Croda through this next phase."

 

There are no further matters to be disclosed under LR9.6.13R of the Listing
Rules of the UK Listing Authority.

 

 

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