Board changes - March 2024

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Tate & Lyle PLC (the “Company”) is pleased to announce that Jeffrey (‘Jeff’) Carr will join the Board as a non-executive director and as a member of the Audit and Nominations Committees on 1 April 2024

Jeff Carr, NED

Mr Carr has over thirty years’ experience in international financial roles, across a range of consumer and retail companies. Mr Carr is currently the Chief Financial Officer of Reckitt Benckiser Group plc (‘Reckitt’), and Chair of the Audit Committee and non-executive director of Kingfisher plc. Prior to joining Reckitt in 2020, Mr Carr was the Chief Financial Officer for European retailer Ahold Delhaize. Mr Carr will retire from the board of Reckitt on 31 March 2024.

David Hearn, Chair of Tate & Lyle, said: “I am delighted that Jeff has agreed to join the Board. His financial, strategic and operational leadership experience will be of significant benefit to the Board as we deliver on the Company’s growth agenda.”

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

END

For more information contact:

For Tate & Lyle PLC
Investors and analysts
Christopher Marsh, VP Investor Relations
Tel: Mobile: +44 (0) 7796 192 688

Media
Nick Hasell, FTI Consulting
Tel: Mobile: +44 (0) 7825 523 383

 

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About Tate & Lyle PLC:  

Supported by our 165-year history of ingredient innovation, we partner with customers to provide consumers with healthier and tastier choices when they eat and drink. We are proud that millions of people around the world consume products containing our ingredients and solutions every day.  

Through our leading expertise in sweetening, mouthfeel and fortification, we develop ingredients and solutions which reduce sugar, calories and fat, add fibre and protein, and provide texture and stability to food and drink in categories including beverages, dairy, bakery, snacks, soups, sauces, and dressings.  

Tate & Lyle recently acquired CP Kelco, a leading provider of pectin, speciality gums and other nature-based ingredients to create a leader in mouthfeel, significantly enhancing our solutions capabilities. Following this combination, we now have more than 5,000 employees working in around 75 locations in 39 countries, serving customers in more than 120 countries. Science, Solutions, Society is our brand promise and how we will achieve our purpose of Transforming Lives through the Science of Food. By living our purpose, we believe we can successfully grow our business and have a positive impact on society. We live our purpose in three ways, by supporting healthy living, building thriving communities and caring for our planet.  

Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. For the year ended 31 March 2024, and on a pro forma basis which assumes for illustrative purposes that the combination with CP Kelco took place on 1 April 2023, revenue for the enlarged Tate & Lyle Group would have been £2.25 billion. For more information, please visit www.tateandlyle.com or follow Tate & Lyle on LinkedIn, X (Twitter), Facebook or YouTube