IN BRIEF: Ultimate Products poaches Princes Group chief to be new CEO

Wed, 27th May 2026 07:22

Ultimate Products PLC - Oldham, England-based branded homeware products, such as Salter - Hires Simon Harrison to be chief executive officer, joining the company in September. Harrison currently is CEO of Liverpool-based food and beverage maker Princes Group PLC, but the FTSE 250 listing last week said Harrison will be leaving on June 30 "to pursue another opportunity". Harrison has been with Princes Group for five years, the last two in the top job, prior to which he worked a soft drinks bottler Coca Cola European Partners, now called Coca-Cola Europacific Partners PLC. Ultimate Products says Harrison will join the company on September 5 and replace Andrew Gossage as CEO on October 26. Both Gossage, who has worked at Ultimate Products for 20 years, and Simon Showman, who founded the company and led it for 27 years, will become non-executive directors later this year.

"Ultimate Products is a business with significant potential, based on a portfolio that includes some of the best-known brands in UK homeware, and supported by long-standing customer relationships and a scalable commercial model," says incoming CEO Harrison.

Current stock price: 50.20 pence, closed up 3.9% on Tuesday

12-month change: down 34%

By Tom Waite, Alliance News editor

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