LONDON (Alliance News) - Drinks distributor Stock Spirits Group PLC on Friday said it has appointed a new managing director for its Polish business.
Marek Sypek will take on what is a key role for Stock Spirits in June and moves from his current job as chief executive of Agros-Nova Holdings, a Polish drinks, jams and preserved vegetables producer.
Prior to joining Agros-Nova, Sypek was the managing director of the Central & Eastern Europe arm of Johnson & Johnson Inc, the US consumer healthcare giant.
The appointment comes ahead of Stock Spirits' annual general meeting, at which shareholders will be asked to vote on the potential removal of Chief Executive Chris Heath.
Western Gate Investments, the largest shareholder in Stock Spirits with a 9.7% stake, has called for Heath to be removed from his role after raising a number of concerns, including the loss of market share the company has suffered in Poland.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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