Chief Executive Succession

RNS Number : 6240X

Greggs PLC

06 January 2022

 

6 January 2022

GREGGS plc

CHIEF EXECUTIVE SUCCESSION

At the time of our 2020 results we stated that the Company's Nominations Committee would be addressing Chief Executive succession as Roger Whiteside approached retirement age.  Following a comprehensive process, which considered internal and external candidates, Greggs today announces the appointment of Roisin Currie, currently Greggs Retail and Property Director, as Chief Executive to be effective from the date of the Company's Annual General Meeting in May 2022.  Roger Whiteside has given notice of his intention to retire from the company and it has been agreed that Roger will step down from the Board at the close of the AGM, but will remain available to support the transition process until his notice expires on 5 January 2023.

In the interim period pending appointment as Chief Executive, Roisin will be appointed as CEO Designate and as an Executive Director with effect from 1 February 2022.

Roisin currently holds the position of Retail and Property Director, with responsibility for Greggs' retail operations across the UK and its central support team.  Additionally, Roisin leads the development of the Greggs shop estate and its growing delivery business, in partnership with Just Eat.  As a member of the company's Operating Board, she has played a key role in the development of the strategic plans set out last year.

Prior to joining Greggs in 2010, Roisin worked at Asda where she held People Director roles responsible for the organisation's retail and distribution operations. She is a trustee of the Greggs Foundation and is Chair of the Employers Forum For Reducing Re-offending.

Ian Durant, Greggs Chairman, said, "Roisin has played a central role in the success of Greggs as it has developed as a multi-channel food-on-the-go business and I am delighted that she will lead the next phase of our growth as Chief Executive.  She has deep experience of our culture and our strategic plan, and will lead with energy and character.  Roger Whiteside has been an outstanding Chief Executive and I wish him well for the future.  Roisin and I look forward to working with Roger to ensure a smooth transition. "

Roisin Currie said, "I am delighted to be appointed as Chief Executive at a time when Greggs has so much potential ahead of it.  Having been a senior executive in the business for twelve years I understand our values-driven approach and the contribution that our 25,000 colleagues make each day.  We have created a plan for strong growth and further strategic development of Greggs and I look forward to driving this in the coming years. "

Roger Whiteside, Chief Executive said, "Greggs is a fantastic organisation with a very strong team.  Roisin is a great leader and has played a key role in the development of the business over many years, most recently in shaping our ambitious plans for further growth.  I look forward to supporting her in the transition to her new role."

This announcement is made pursuant to Listing Rule 9.6.13R (1) to (6).  There are no further matters required by paragraphs 9.6.13R (1) to (6) of the Listing Rules to be disclosed in relation to Roisin Currie.

This announcement includes inside information as defined in Article 7 of the Market Abuse Regulation (EU) No. 596/2014 (as it forms part of the laws of the UK by virtue of the European Union (Withdrawal) Act 2018 (as amended).

The person responsible for arranging the release of this announcement on behalf of Greggs plc is Jonathan Jowett, Company Secretary and General Counsel.

ENQUIRIES:
Greggs plc	Hudson Sandler
Ian Durant, Chairman Roger Whiteside, Chief Executive Richard Hutton, Finance Director Tel:  [phone]	Wendy Baker / Hattie Dreyfus / Nick Moore Tel:  [phone]

 

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