Appointment of Non-Executive Director

RNS Number : 0638D

Wincanton PLC

14 February 2020

 

                                                                                                                                     14 February 2020

WINCANTON PLC ("Wincanton" or the "Group")

Appointment of Non-Executive Director

Wincanton plc, the largest British third-party logistics company, is pleased to announce the appointment of Ms Mihiri Jayaweera as a Non-Executive Director of the Group with effect from 7 April 2020. Ms Jayaweera will also be appointed a member of the Company's Audit and Nomination Committees.

Ms Jayaweera was, until October 2019, Group Head of Strategy and a member of the Group Executive Committee of TP ICAP Group, the FTSE 250 professional intermediaries firm, operating in financial, energy and commodities markets internationally.

Ms Jayaweera was previously a consultant at Trivedi Capital, a private equity investment advisory firm based in London. Between 1993 and 2009, she held positions at Nomura International, Lehman Brothers and UBS Investment Bank.

Dr Martin Read CBE, Chairman of Wincanton, said: "I am delighted to welcome Mihiri to Wincanton.  She has a deep understanding of investment banking and financial analysis and will provide further diversity of thought and balance to our Board. We very much look forward to working with her".

Mihiri Jayaweera commented: "I very much look forward to joining the Board of Wincanton.  The company has a great brand and considerable potential.  I am pleased to be part of the team taking it on to the next stage of its development".

Ms Jayaweera does not currently hold any Wincanton plc shares and no further information in connection with her appointment is required to be disclosed pursuant to Listing Rule 9.6.13R.

-Ends-

For further information please contact:

Wincanton Plc                                                                          Tel: [phone]

Tim Lawlor, Chief Financial Officer

Buchanan                                                                                 Tel: [phone]

Richard Oldworth / Vicky Hayns

Notes to Editors

About Wincanton

Wincanton is the largest British third-party logistics (3PL) company, providing supply chain solutions to some of the world's most admired companies across a wide range of industries including retail, construction, defence and energy.

As a trusted and respected business partner, we design and implement services and solutions that range from setting up and operating distribution networks, through to bonded warehouses, technology hosting, container transport and storage. We strive for operational excellence in everything we do.

We work hard to understand and respond to our customers' needs, build long-term relationships and use our skills and expertise to deliver a smarter, added value service, every day. Our customers rely on us to make their businesses operate more efficiently and to gain a competitive advantage in their sector.

Key facts:

•           17,600 colleagues

•           200+ locations

•           Responsible for 3,600 vehicles

•           Revenue £1.1bn

•           4,600 drivers

•           14.3m sqft of warehousing space

 

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