(Alliance News) - Croda International PLC on Monday announced the appointment of John Ramsay as a non-executive director, effective from the start of next year.
The chemicals company also said that Alan Ferguson will step down from his roles as senior non-executive director and audit committee chair from April 23, 2020.
Ramsay will take over as chair of the audit committee and Director Helena Ganczakowski will take on the role of senior independent director. Ganczakowski is currently chair of Croda's remuneration committee as well as a member of its audit and nomination committees.
Ramsay is currently a non-executive director & audit committee chair at security services firm G4S PLC and refractory products supplier RHI Magnesita NV. He previously served as chief financial officer of seeds and agrichemical firm Syngenta AG from 2007 to 2016.
On his appointment to board of Croda, Ramsay will become a member of the audit, nomination and remuneration committees.
Chair Anita Frew commented: "John brings with him a wealth of financial, international and sector experience. I am delighted that Helena Ganczakowski is stepping up to become senior independent director. She has extensive board experience and has demonstrated strong leadership of the remuneration committee."
She added: "Alan Ferguson has made an outstanding contribution to the board, both as audit committee chair and senior non-executive director, and, on behalf of the board and his colleagues, we thank him for all his advice and support and wish him all the best for the future."
Croda shares were up 1.4% at 4,946.00 pence each in London on Monday morning.
By Ife Taiwo; ifetaiwo@alliancenews.com
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Croda International (CRDA)
RHI Magnesita (RHIM)