REG - THG PLC - Changes to Board Composition

THGAnnouncement

21/06/2023 07:15

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RNS Number : 3655D  THG PLC  21 June 2023

21 June 2023

 

THG PLC

 

Changes to Board Composition

 

Helen Jones appointed as Independent Non-Executive Director

 

THG PLC ("THG" or the "Group") today announces that Helen Jones has been
appointed independent Non-Executive Director of THG with immediate effect.

 

Helen is an experienced Non-Executive director, having had a long and
successful career building premium food and beverage brands across FMCG and
multi-site hospitality, both in the UK and internationally.

 

Having embarked on her portfolio career in 2014, Helen currently serves as the
Chair of the Remuneration Committee at Premier Foods plc, Virgin Wines plc and
Fuller, Smith and Turner plc. She is a Member of the Audit Committee at both
Virgin Wines plc and Fuller, Smith and Turner plc, also serving as a Member of
the Nominations Committee. Additionally, Helen acts as the Workforce
Engagement Non-Executive Director for both Premier Foods plc and Fuller, Smith
and Turner plc.

 

In addition, Helen currently holds the role of Senior Independent Director and
is a member of the Audit, Nomination and Remuneration Committees at Halfords
Group plc.

 

In 2021, she stepped down as Vice Chair of the Ben & Jerry's Independent
Board of Directors USA, a role she undertook following an extensive career
leading the expansion of the brand in Europe.

 

Separately today, Iain McDonald informed the Board of his decision to step
down from the Remuneration Committee to focus on his other THG commitments,
primarily as Chair of the Sustainability Committee and member of the
Nomination Committee.

 

 

Charles Allen, Lord Allen of Kensington CBE, Independent Chair, commented:

"I would like to welcome Helen to the business. She brings with her a
successful career across the FMCG industry, with a notable reputation for
delivering results and leadership in cultural change programmes. Moreover,
demonstrable skills as an experienced committee Chair and Senior Independent
Director of listed and FTSE companies.

 

"This appointment reinforces the Board's commitment to improve its corporate
governance and continually enhance its composition.

 

"I, and the rest of the Board, look forward to benefitting from Helen's
invaluable experience from both executive and non-executive perspectives."

 

Helen Jones, Independent Non-Executive Director, commented:
"I am delighted to be joining a business such as THG, which boasts a great
customer proposition and a strong pedigree of scaling brands internationally.
The Group is on an exciting journey, and I am pleased to become a part of that
alongside an experienced Board of Directors."

 

 

For further information please contact:

 

 Investor enquiries:
 Greg Feehely, SVP Investor Relations                                    Investor.Relations@thg.com (mailto:Investor.Relations@thg.com)

 Kate Grimoldby, Director of Investor Relations and Strategic Projects

 Media enquiries:
 Powerscourt - Financial PR adviser                                      Tel: +44 (0) 20 7250 1446
 Victoria Palmer-Moore/Nick Dibden/Nick Hayns                            thg@powerscourt-group.com (mailto:thg@powerscourt-group.com)

 THG PLC

 Viki Tahmasebi                                                          Viki.tahmasebi@thg.com (mailto:Viki.tahmasebi@thg.com)

ENDS

Notes to editors

THG is a vertically integrated, digital-first consumer brands group, retailing
its own brands in beauty and nutrition, plus third-party brands, via its
complete digital commerce solution, Ingenuity, to an online and global
customer base. THG's business is operated through the following divisions:

THG Beauty: The globally pre-eminent digital-first brand owner, retailer, and
manufacturer in the prestige beauty market, combining its prestige portfolio
of eight owned brands across skincare, haircare, and cosmetics. It is a global
route to market for over 1,300 third-party premium brands through its
portfolio of websites, including Lookfantastic, Dermstore, Cult Beauty and
Mankind and the beauty subscription box brand GLOSSYBOX.

 

THG Nutrition: A group of digital-first Nutrition brands, which includes the
world's largest online sports nutrition brand Myprotein, and its family of
brands (Myvegan, Myvitamins, MP Activewear and MyPRO), with a
vertically-integrated business model, supported by global THG production
facilities.

 

THG Ingenuity: Ingenuity provides a complete digital commerce solution for
consumer brand owners across its three pillars of technology, digital and
operations. Being part of the THG group, a global digital brand owner in
Beauty & Nutrition, Ingenuity is uniquely placed to bring relevant,
practical, and international expertise in every area of commerce.

 

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