Nichols plc
(the "Company" or "Group')
Appointment of Interim CFO
Nichols plc, the diversified soft drinks Group, announces the appointment of David Taylor to the Board as Interim Chief Financial Officer, effective immediately.
David brings a wealth of consumer-focused public company experience to the Board, having most recently been the CFO of Churchill China plc for over 30 years.
David joined Churchill China plc in 1992 and helped lead it's successful IPO on the London Stock Exchange in 1994. As CFO and Company Secretary, David was part of the senior management team and over the course of his tenure, he played a major part in overall strategy and operations, contributing significantly to the company's long-term growth, development and stability. David is a member of the Institute of Chartered Accountants in England and Wales.
The Company's process for the selection of a permanent Group CFO continues and further updates will be made as appropriate.
Liz McMeikan, Non-Executive Chair, commented:
"I am delighted to welcome David to the Nichols board on an interim basis and look forward to working with him. David brings significant and relevant experience to the organisation while the board looks for a permanent Group CFO."
The following disclosures are required regarding David Taylor's appointment pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies (the "AIM Rules").
David John Simon Taylor (aged 64) is currently, or has during the past five years been, a director of the following companies:
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Current directorships or partnerships |
Previous directorships or partnerships |
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· n/a |
· Churchill China plc · Churchill China (UK) Limited · Furlong Mills Limited · Churchill Fine Bone China Limited · Churchill Fine Bone China (Holdings) Limited · Churchill Tableware Limited · Elizabethan Fine Bone China Limited · Churchill Housewares Limited · Crown Clarence Limited · Churchill Ceramics (UK) Limited · James Broadhurst and Sons Limited · Rosina China Company Limited · Churchill China Inc · Churchill Iberia · Churchill RO · Churchill Group Retirement Benefit Scheme · Churchill China 1999 Pension Scheme |
David Taylor was formerly a director of Rosina China Company Limited (previously Churchill Tableware Limited), when it entered into a members voluntary liquidation as part of a group reorganisation. The liquidation was completed on 5 November 2019, with no deficiency to creditors.
Save as set out above, there are no further information to be disclosed in accordance with Schedule Two paragraph (g) of the AIM Rules.
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Contacts
Notes to Editors: Nichols plc is an international soft drinks business with sales in over 73 countries, selling products in both the Still and Carbonate categories. The Group is home to the iconic Vimto brand which is popular in the UK and around the world, particularly in the Middle East and Africa. Other brands in its portfolio include SLUSH PUPPiE, Starslush, ICEE, Levi Roots and Sunkist.
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