Tate & Lyle PLC - 3 November 2021
DIRECTORATE CHANGE
Tate & Lyle PLC (Tate & Lyle) announces that Vivid Sehgal, Chief Financial Officer, will leave the Company on 31 December 2021 for personal reasons. Vivid is stepping down from the Board today and will remain as Chief Financial Officer until the end of the year to support an orderly transition.
The process to appoint a successor to Mr Sehgal is underway and a further announcement will be made in due course.
Nick Hampton, Chief Executive said: "I am sorry to see Vivid leave and would like to thank him for his contribution to the Company. He has played an important role supporting Tate & Lyle's strategic transformation as well as maintaining strong financial discipline across the business. We wish him well for the future."
This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation No. 596/2014 and is being released on behalf of Tate & Lyle by Claire-Marie O'Grady, Group Company Secretary.
For more information contact 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
About Tate & Lyle:
Tate & Lyle PLC is a leading global provider of food and beverage ingredients and solutions. Supported by our 160-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 every day.
Through our expertise in sweetening, mouthfeel and fibre fortification, our Food & Beverage Solutions business develops solutions which reduce sugar, calories and fat, add fibre, and provide texture and stability in categories including beverages, dairy, bakery, soups, sauces and dressings. Our Primary Products business produces nutritive sweeteners, industrial starches used in paper and packaging, acidulants and products used for animal nutrition.
We have around 4,400 employees working in more than 60 locations across 30 countries. Tate & Lyle's purpose is Improving Lives for Generations and through 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. In the year to 31 March 2021, Tate & Lyle sales totalled £2.8 billion. For more information, please visit https://www.tateandlyle.com or follow Tate & Lyle on Twitter, Linkedin or Facebook.