REG-Tate & Lyle PLC Board changes <Origin Href="QuoteRef">TATE.L</Origin>

Tate & LyleAnnouncement

24/11/2014 14:49

http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20141029:nBw295372a 
 
LONDON--(Business Wire)--


29 October 2014

Tate & Lyle PLC

Board changes

Tate & Lyle PLC (the "Company") announces that Paul Forman has been appointed as
a Non-Executive Director and a member of the Audit, Remuneration and Nominations
Committees with effect from 1 January 2015. 

Paul is Group Chief Executive of Coats plc, a leading industrial thread and
consumer textile crafts business. Prior to joining Coats in 2009, he was Group
Chief Executive of Low & Bonar PLC, a global performance materials group, and
was previously Managing Director at Unipart International, a leading European
automotive aftermarket supplier. Paul also served as a non-executive director at
Brammer PLC from 2006 to 2010. 

The Company further announces that Liz Airey, currently Chairman of the Audit
Committee, will become Senior Independent Director and Anne Minto will assume
the chairmanship of the Remuneration Committee with effect from 1 January 2015,
after Robert Walker steps down from the Board following the completion of his
term of appointment on 31 December 2014. Douglas Hurt will succeed Liz Airey as
Chairman of the Audit Committee with effect from 1 March 2015 and will also
replace her as a member of the Corporate Responsibility Committee from that
date. 

Sir Peter Gershon, Chairman of Tate & Lyle, said "I am delighted that Paul has
agreed to join the Board. His wide experience of managing international
businesses, developing business-to-business customer and market-led strategies,
and commercialising innovation pipelines will be of significant benefit to the
Board. 

"I would also like to thank Robert for his nine years of exemplary service and
significant contribution to the Board and the Remuneration Committee at a
critical period in the Group`s transformation." 

There are no further disclosures to be made in connection with Mr Forman`s
appointment pursuant to paragraph 9.6.13 of the Financial Conduct Authority`s
Listing Rules. 

For more information contact Tate & Lyle PLC:

Christopher Marsh, Group VP, Investor and Media Relations 

Tel: +44 (0) 20 7257 2110 or Mobile: +44 (0) 7796 192 688 

Andrew Lorenz (FTI Consulting), Media Relations 

Tel: +44 (0) 20 7269 7113 or Mobile: +44 (0) 7775 641 807 

About Tate & Lyle:

Tate & Lyle is a global provider of ingredients and solutions to the food,
beverage and other industries, with operations in over 30 locations worldwide. 

Tate & Lyle operates through two global divisions, Speciality Food Ingredients
and Bulk Ingredients, supported by our Innovation and Commercial Development
group. The Group's strategy is to become a leading global provider of Speciality
Food Ingredients through a disciplined focus on growth, and by driving Bulk
Ingredients for sustained cash generation to fuel this growth. 

Speciality Food Ingredients consists of three platforms: Texturants, which
includes speciality starches and stabilisers; Sweeteners, which comprises
nutritive sweeteners and our range of no-calorie sweeteners including SPLENDA®
Sucralose; and our Health and Wellness portfolio which includes speciality
fibres and our salt-reduction offering. Additionally, our Food Systems business
provides a wide variety of blended ingredient solutions. 

Tate & Lyle Bulk Ingredients includes bulk sweeteners, industrial starches and
fermentation products (primarily acidulants). Corn co-products from both
divisions are primarily sold as animal feed. 

Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L.
American Depositary Receipts trade under TATYY. In the year to 31 March 2014,
Tate & Lyle sales totalled £3.1 billion. http://www.tateandlyle.com. 

SPLENDA® is a trademark of McNeil Nutritionals, LLC. 
 
Tate & Lyle PLC 

Copyright Business Wire 2014