REG - Wynnstay Group PLC - CEO Succession

WynnstayAnnouncement

02/07/2018 07:08

RNS Number : 1449T
Wynnstay Group PLC
02 July 2018
 


2 July 2018
AIM: WYN
WYNNSTAY GROUP PLC
("Wynnstay" or the "Group" or the "Company")
 
CEO Succession
 
Wynnstay, the agricultural supplies company, is pleased to announce that Gareth Davies's appointment, as Chief Executive Officer, will take effect on 10 July 2018. As reported in an announcement published on 8 May 2018, Gareth succeeds Ken Greetham, who will be retiring from the Board on the same date, after 21 years, the last ten of which have been as Chief Executive Officer. As previously stated, Ken remains available to the Board for a period of time in an advisory capacity.
 
Jim McCarthy, Chairman of Wynnstay, commented:
 
"On behalf of the Board, I would like to welcome Gareth Davies to his new position as Chief Executive Officer. Gareth has been a key member of the leadership team over recent years, having joined Wynnstay in 1999. He is talented and well-respected, and we look forward to him leading the Company through its next stage of growth.
 
"Ken's contribution to Wynnstay over 21 years has been outstanding. I would like to express our appreciation of his talents and dedication to Wynnstay, especially during his tenure as CEO. We wish him a very happy retirement."
 
Gareth Davies, Chief Executive Officer of Wynnstay, said:
 
"Ken leaves the business in good shape, as the agricultural sector comes out of a prolonged downturn, and I am delighted to take on the opportunities and the responsibilities of leading Wynnstay. With its wide range of activities, which serve both livestock and arable farmers, I believe the Group is well-positioned to seize the opportunities ahead and continue its long-term growth."
 
 
Enquiries:
 




Wynnstay Group plc


Gareth Davies, Chief Executive Officer
Paul Roberts, Finance Director


T: 01691 827 142
 




 


 


 




KTZ Communications


Katie Tzouliadis / Emma Pearson
 


T: 020 3178 6378




Shore Capital (Nomad and Broker)


Stephane Auton / Patrick Castle


T: 020 7408 4090




 
 




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