REG - PZ CUSSONS PLC - Directorate Change

PZ CussonsAnnouncement

24/11/2022 07:00

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RNS Number : 3991H  PZ CUSSONS PLC  24 November 2022

 

24 November 2022

PZ CUSSONS PLC

 

APPOINTMENT OF NON-EXECUTIVE DIRECTOR

 

PZ Cussons plc ("PZ Cussons" or "the Group") is pleased to announce it has
appointed David Tyler as a Non-Executive Director. David will join the Board
as a Non-Executive Director at the conclusion of the Annual General Meeting
today. It is anticipated that David will be appointed Chair of the Board of
Directors following the expiry of the term of office of Chair, Caroline
Silver, on 31 March 2023.

 

David Tyler has many years of experience in the consumer, retail, business
services and financial services sectors. He currently serves as the Chair of
Domestic and General and has previously served as Chair of J Sainsbury plc,
Hammerson plc and Logica plc. The first eleven years of his career were at
Unilever and, in more recent years, he was a Non-Executive Director on the
Board of Reckitt Benckiser. Other Boards he has served on include Experian and
Burberry.

Caroline Silver said: "I am exceptionally proud of the progress PZ Cussons has
made as a business, particularly in the last two years when we have
accelerated the pace of change. I want to thank all those with whom I have
worked in my time as Chair - from fellow Board members to all of PZ Cussons'
brilliant colleagues and our supportive shareholders.

 

"I am delighted to welcome David to the Board of PZ Cussons plc.  With his
wealth of experience gained through both executive and non-executive roles at
globally-admired companies, I am confident that I will be leaving PZ Cussons
in very safe hands when my current term as Chair ends."

 

David Tyler said: "I am very pleased to be joining the Board at such an
exciting time. PZ Cussons is a business I have watched with great interest for
some time, with strong brands across an international footprint. Following the
work of the last two years, I believe it is well positioned for profitable
growth in the period ahead. I very much look forward to working with Jonathan
Myers, the rest of the Board and all PZ Cussons colleagues as we work to
create sustainable value for all stakeholders."

 

Jonathan Myers, Chief Executive Officer, said: "I would like to thank Caroline
for her outstanding contribution to PZ Cussons and her enduring leadership. I
am also grateful on a personal level for her support and guidance since I
joined the business. We all wish her the best for the future.

 

"It is my pleasure to welcome David to PZ Cussons. His experience will be of
tremendous value as we continue our work to deliver against the significant
long-term opportunities we see, ensuring we make PZ Cussons a higher-growth,
higher-margin, simpler and more sustainable business."

 

 

There are no other details that are required to be disclosed in respect of
Rule 9.6.13 of the Listing Rules.

 

 

For further information please contact:

 

Investors

Simon Whittington - IR and Corporate Development Director      +44 (0) 77
1137 2928

 

Media

Headland PZCussons@headlandconsultancy.com             +44 (0) 20
3805 4822

Susanna Voyle, Stephen Malthouse, Charlie Twigg

 

Notes to editors

 

About PZ Cussons

PZ Cussons is a FTSE250 listed consumer goods business, headquartered in
Manchester, UK. We employ nearly 3,000 people across our operations in Europe,
North America, Asia-Pacific and Africa. Since our founding in 1884, we have
been creating products to delight, care for and nourish consumers. Across our
core categories of Hygiene, Baby and Beauty, our trusted and well-loved brands
include Carex, Childs Farm, Cussons Baby, Imperial Leather, Morning Fresh,
Original Source, Premier, Sanctuary Spa and St.Tropez. Sustainability and the
wellbeing of our employees and communities everywhere are at the heart of our
business model and strategy, and captured by our purpose: For everyone, for
life, for good.

 

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