Tate & Lyle PLC (Tate & Lyle) announces the appointment of Nick Hampton to the position of Chief Financial Officer and to the Board of Tate & Lyle with effect from 1 September 2014. Tim Lodge, Chief Financial Officer since 2008, will continue in his current role and as a Director until 31 August 2014, and will then leave Tate & Lyle after a short transition period.
Nick Hampton joins Tate & Lyle from PepsiCo where he has been President West Europe and Senior Vice President Commercial Europe since 2013. Prior to that, during a 20-year career at PepsiCo, he held a number of senior finance and operational roles.
Javed Ahmed, Chief Executive said, "I am delighted to welcome Nick to Tate & Lyle. He brings with him a wealth of experience in the food and beverage industry and his strong expertise and knowledge will be highly complementary to our team. I very much look forward to working with him as we continue to execute our strategy.”
Javed Ahmed added, “Tim has been a great support to the Board, to me personally and to the executive team, and has led key aspects of the transformation of Tate & Lyle with distinction. After six years in the role, Tim indicated to the Board that he was ready for a new challenge. I am sorry to see him go and I would like to thank Tim for the important role he has played in the success of Tate & Lyle.”
Sir Peter Gershon, Chairman of Tate & Lyle said “Nick brings extensive commercial and technical knowledge to Tate & Lyle and is a very welcome addition to our Board. We are very grateful to Tim for his outstanding contribution in his six years as Chief Financial Officer and throughout his 25-year career with Tate & Lyle. We wish him every success in the next stage of his career.”