REG - Greggs PLC - Chief Executive Succession

GreggsAnnouncement

06/01/2022 07:10

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RNS Number : 6240X  Greggs PLC  06 January 2022

 

 

 

6 January 2022

 

GREGGS plc

CHIEF EXECUTIVE SUCCESSION

 

 

At the time of our 2020 results we stated that the Company's Nominations
Committee would be addressing Chief Executive succession as Roger Whiteside
approached retirement age.  Following a comprehensive process, which
considered internal and external candidates, Greggs today announces the
appointment of Roisin Currie, currently Greggs Retail and Property Director,
as Chief Executive to be effective from the date of the Company's Annual
General Meeting in May 2022.  Roger Whiteside has given notice of his
intention to retire from the company and it has been agreed that Roger will
step down from the Board at the close of the AGM, but will remain available to
support the transition process until his notice expires on 5 January 2023.

 

In the interim period pending appointment as Chief Executive, Roisin will be
appointed as CEO Designate and as an Executive Director with effect from 1
February 2022.

 

Roisin currently holds the position of Retail and Property Director, with
responsibility for Greggs' retail operations across the UK and its central
support team.  Additionally, Roisin leads the development of the Greggs shop
estate and its growing delivery business, in partnership with Just Eat.  As a
member of the company's Operating Board, she has played a key role in the
development of the strategic plans set out last year.

 

Prior to joining Greggs in 2010, Roisin worked at Asda where she held People
Director roles responsible for the organisation's retail and distribution
operations. She is a trustee of the Greggs Foundation and is Chair of the
Employers Forum For Reducing Re-offending.

 

Ian Durant, Greggs Chairman, said, "Roisin has played a central role in the
success of Greggs as it has developed as a multi-channel food-on-the-go
business and I am delighted that she will lead the next phase of our growth as
Chief Executive.  She has deep experience of our culture and our strategic
plan, and will lead with energy and character.  Roger Whiteside has been an
outstanding Chief Executive and I wish him well for the future.  Roisin and I
look forward to working with Roger to ensure a smooth transition."

 

Roisin Currie said, "I am delighted to be appointed as Chief Executive at a
time when Greggs has so much potential ahead of it.  Having been a senior
executive in the business for twelve years I understand our values-driven
approach and the contribution that our 25,000 colleagues make each day.  We
have created a plan for strong growth and further strategic development of
Greggs and I look forward to driving this in the coming years."

 

 

Roger Whiteside, Chief Executive said, "Greggs is a fantastic organisation
with a very strong team.  Roisin is a great leader and has played a key role
in the development of the business over many years, most recently in shaping
our ambitious plans for further growth.  I look forward to supporting her in
the transition to her new role."

 

This announcement is made pursuant to Listing Rule 9.6.13R (1) to (6).  There
are no further matters required by paragraphs 9.6.13R (1) to (6) of the
Listing Rules to be disclosed in relation to Roisin Currie.

 

This announcement includes inside information as defined in Article 7 of the
Market Abuse Regulation (EU) No. 596/2014 (as it forms part of the laws of the
UK by virtue of the European Union (Withdrawal) Act 2018 (as amended).

 

The person responsible for arranging the release of this announcement on
behalf of Greggs plc is Jonathan Jowett, Company Secretary and General
Counsel.

 

 

 ENQUIRIES:
 Greggs plc                         Hudson Sandler
 Ian Durant, Chairman               Wendy Baker / Hattie Dreyfus / Nick Moore

 Roger Whiteside, Chief Executive   Tel:  020 7796 4133

 Richard Hutton, Finance Director

 Tel:      0191 281 7721

 

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