Last checked at 17 Jul 2019 07:02
TATE & LYLE PLC
17 July 2019
Tate & Lyle announces departure of President, Food & Beverage Solutions
Tate & Lyle PLC (Tate & Lyle) announces that Joan Braca, President, Food & Beverage Solutions will be leaving Tate & Lyle on 30 August 2019 to take up a new role as Sector Chief Executive, Clean Air at Johnson Matthey Plc.
Nick Hampton, Chief Executive Tate & Lyle, said: "I would like to thank Joan for the significant contribution she has made to the growth of our Food & Beverage Solutions business over the last five years, and for developing a strong and talented leadership team beneath her. On behalf of myself and the Board, we wish Joan every success in her new role."
For more information contact Tate & Lyle PLC:
Christopher Marsh, VP Investor Relations
Tel: +44 (0) 20 7257 2110 or Mobile: +44 (0) 7796 192 688
Nick Hasell, FTI Consulting (Media)
Tel: +44 (0)20 3727 1234 or Mobile: +44 (0)7825 523 383
About Tate & Lyle:
Tate & Lyle is a global provider of solutions and ingredients for food, beverage and industrial markets.
Tate & Lyle operates through two global divisions, Food & Beverage Solutions and Primary Products, supported by the Innovation and Commercial Development and Global Operations teams. Food & Beverage Solutions is focused on growth by building leading positions globally in the categories of beverages, dairy, and soups, sauces and dressings. Primary Products is focused on delivering steady earnings and generating cash.
Food & Beverage Solutions consists of: Texturants, including speciality starches; Sweeteners, including low- and no-calorie sweeteners; and a Health and Wellness portfolio comprising mainly speciality fibres; and Stabilisers and Functional Systems, which are bespoke ingredient blends that ensure foods retain their structure.
Primary Products consists of high-volume sweeteners, industrial starches and fermentation products (primarily acidulants). It also sells co-products from the corn milling process as animal nutrition.
Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2019, Tate & Lyle sales totalled £2.8 billion.
For more information, please visit http://www.tateandlyle.com