Latest Share Chat

Tate & Lyle Share News (TATE)

Tate & Lyle Information

Buy TATE Shares
Add TATE to Watchlist
Add TATE to Alert

Share Price Information for Tate & Lyle (TATE)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 601.50

Bid: 601.00

Ask: 602.00

Change: -10.50 (-1.72%)

Spread: 1.00 (0.166%)

Open: 613.50

High: 615.00

Low: 601.00

Prev. Close: 612.00

Last checked at -

Haleon appoints Tate & Lyle's finance chief as CFO from November

Wed, 24th Apr 2024 09:15

(Alliance News) - Haleon PLC on Wednesday said it has appointed Tate & Lyle PLC's Dawn Allen as chief financial officer.

Weybridge, Surrey-based consumer healthcare company Haleon said Allen will leave her current role as CFO at London-based sweetener and food ingredients supplier Tate & Lyle and join Haleon on October 28, before joining the board and assuming the role of Haleon CFO from November 1.

The appointment follows Tobias Hestler informing the Haleon board that he will step down as CFO to "better balance work demands with the management of a long-term health condition", Haleon said.

Hestler will resign from the board on November 1, before remaining with Haleon until the end of the year.

Tate & Lyle noted the timing of Allen's departure will allow it to close out its half-year results ending September 30 under her financial leadership, while it has begun a process to appoint a successor.

A further announcement will be made "in due course", Tate & Lyle said.

Prior to joining Tate & Lyle, Allen had a 25-year career at Mars Inc, where she was most recently global CFO and vice president for Global Transformation.

Haleon Chief Executive Officer Brian McNamara said: "She has a proven track record as a CFO with extensive consumer and international experience and will be a great addition to our executive team. I want to take this opportunity to thank Tobias for his significant contribution in creating Haleon as a standalone business and for the close partnership over the last few years. He has played a critical role in shaping and building Haleon's foundations and putting us on a path for long-term success.

Tate & Lyle CEO Nick Hampton commented: "During her time at Tate & Lyle, Dawn has played a key role in maintaining strong financial discipline across the business, and leaves behind a proven team that will continue to support the delivery of our growth-focused strategy."

Shares in Haleon were up 0.9% to 335.62 pence each in London on Wednesday morning, while Tate & Lyle shares were down 0.5% to 642.00p each.

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

More News

9 Sep 2013 17:44

London close: BG Group drags FTSE 100 lower, Syria concerns weigh

The FTSE 100 dropped into the red on Monday, pulling back after hitting a three-week high the previous session, as heavy falls from natural gas giant BG Group and ongoing concerns about Syria pressured stocks lower. London's benchmark index finished 16.59 points lower at 6,530.74, falling 0.25% fro

9 Sep 2013 11:29

London midday: Stocks hit by Syria concerns, BG Group drops

Markets shrugged off improving economic data from Asia on Monday morning with stocks falling into the red on concerns over a potential Western military intervention in Syria. Syria will be in firm focus this week ahead of a vote by US Congress over whether or not to proceed with a military attack a

9 Sep 2013 11:03

Broker tips: BG Group, AB Foods, Tate & Lyle

Investec has placed its estimate for BG Group under review and maintained its negative stance on the stock after the natural gas firm scaled back its production guidance for next year. "We expect to cut our forecasts by 3-4%. Despite strong earnings and cash flow growth, on our current forecasts BG

9 Sep 2013 10:42

Monday broker round-up UPDATE

Associated British Foods: Panmure Gordon cuts target price from 2100p to 2075p, while leaving its buy recommendation unchanged. Investec places its target price (prev.: 1930p) under review keeping a hold recommendation. Aviva: Morgan Stanley increases target price from 403p to 445p and maintains an

9 Sep 2013 09:10

Broker snap: UBS downgrades Tate & Lyle on lofty valuation

Sugar and food group Tate & Lyle (T&L) was in the red on Monday morning after UBS downgraded the firm from 'neutral' to 'sell', saying that the share price is currently too expensive. The Swiss bank said that the stock's valuation is overly high and does not reflect that "sucralose prices continue

9 Sep 2013 08:26

London open: Syria, taper uncertainty weigh on stocks

Markets opened broadly lower on Monday morning as improving data from Asia was offset by continuing concerns over tensions in Syria. With the economic data calendar for Europe and the US looking pretty thin for Monday, investors are likely to focus on figures from China where trade and inflation nu

9 Sep 2013 07:39

STOCKS NEWS EUROPE-UBS downgrade hits Tate & Lyle shares-traders

Shares in food and sugar group Tate & Lyle fall towards the bottom of Britain's benchmark FTSE 100 index, with traders attributing the stock's decline to a move by UBS to cut its rating on the company to "sell" from "neutral" on valuation grounds. Tate & Lyle shares are down by 3.2 percent

5 Sep 2013 17:03

London close: FTSE 100 at three-week high after policy meetings

A host of central-bank policy meetings, a dovish tone from Mario Draghi and the continued improvement in US economic data helped lift stocks higher on Thursday, with the FTSE 100 closing at levels not seen in three weeks. London's benchmark index ended the day up 57.7 points at 6,532.44, its highes

5 Sep 2013 15:20

FTSE 100 movers: M&S leaps after HSBC upgrade

High Street department store Marks & Spencer surged today after HSBC upgraded the stock from 'neutral' to 'overweight', saying it is the most operationally geared among its peers to play on the UK consumer recovery. Hotels group IHG was also a high riser after UBS raised its rating from 'neutral to

5 Sep 2013 11:27

London midday: Stocks trim gains, BoE holds rates

After a strong start for UK stocks, the FTSE 100 pared gains by lunchtime as nervousness set in ahead of a number of risk events that have the potential to spark some volatile moves on financial markets. Risk appetite was also scaled back ahead of the G20 meeting which begins in St Petersburg today

22 Aug 2013 17:11

London close: Stocks jump on improvement in global data

London's FTSE 100 jumped on Thursday as investors temporarily shrugged off an underwhelming set of minutes from the Federal Reserve and instead focused on improving data from across the world which brightened the global economic outlook. The FTSE 100 ended the day at 6,446.87, up 56.03 points on th

22 Aug 2013 14:01

FTSE 100 movers: IMI, Wolseley, Vedanta Resources

IMI's shares rallied after the engineering company forecast an improvement in trading for the second half as it takes on higher-margin contracts at its severe service business. Wolseley gained after UBS upgraded its stocks to 'buy' from 'neutral' ahead of its results, saying "our analysis of US pee

1 Aug 2013 15:50

Former Diageo CEO sells 3.9m-pound stake

Paul Walsh, the former Chief Executive Officer (CEO) of Diageo who now serves on the board as an advisor, sold nearly four million pounds of shares in the drinks giant on Thursday, just one day after the Guinness maker impressed the market with a solid increase in annual net sales. Walsh, who was

24 Jul 2013 16:56

London close: Markets shrug off German downgrade rumours to finish higher

Unconfirmed rumours of a downgrade to Germany's sovereign debt rating rattled markets on Wednesday afternoon, but stocks recovered to register moderate gains by the close of trade. The FTSE 100 finished the session up 23 points at 6,620. Senior Market Analyst Michael Hewson from CMC Markets said:

24 Jul 2013 11:23

London midday: Markets boosted by earnings, Eurozone PMIs

Upbeat corporate earnings from a number of heavyweights and improving data in the Eurozone gave UK markets a boost on Wednesday morning, as traders shrugged off concerns about manufacturing activity in China. easyJet, ARM Holdings, Tate & Lyle, Kingfisher and Compass were all trading firmly higher

Latest Share Chat

Tate & Lyle Share News (TATE)

Share Price Information for Tate & Lyle (TATE)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Haleon appoints Tate & Lyle's finance chief as CFO from November

Login to your account

Quickpicks are a member only feature

Login to your account