Last checked at 9 Oct 2019 07:00
9 October 2019
CARR'S GROUP PLC ("Carr's" or the "Group")
Appointment of Chairman Designate
Carr's (CARR.L), the Agriculture and Engineering Group, is pleased to announce that Peter Page has been appointed as Non-Executive Director and Chairman Designate with effect from 1 November 2019.
In line with the succession plan announced in December 2018, Peter will subsequently become Non-Executive Chairman upon the current Chairman, Chris Holmes, standing down at the Group's AGM on 7 January 2020.
Peter has extensive international business experience and knowledge of the agricultural sector. He was most recently the Chief Executive Officer of Devro plc, one of the world's leading manufacturers of collagen casings for the food industry, and previously worked for Aviagen. During Peter's 11-year tenure at Devro he revitalised the business, transforming the Company's manufacturing capabilities on an international scale.
Peter Page, Non-Executive Chairman Designate, commented: "I am thrilled to be joining the Board of Carr's. The Group has market leading brands and robust market positions internationally across both its Agriculture and Engineering divisions together with a strong focus on innovation and technology.
"I look forward to supporting Tim Davies and the rest of the management team as they continue to develop and grow the businesses, both in the UK and internationally."
Chris Holmes, Non-Executive Chairman, commented: "I am very pleased that Peter has accepted the role of Chairman of Carr's. His experience, latterly as CEO of Devro, will be hugely beneficial to the Group and I am confident that Peter is the ideal candidate to take over. I have no doubt that under his stewardship, Carr's will continue to go from strength to strength and I look forward to working together until I step down in January."
John Worby, Senior Independent Director, commented: "On behalf of the Board, I am delighted to be welcoming someone of Peter's calibre. I am sure that his experience both internationally and within the agricultural sector will be invaluable to Carr's as we continue to pursue our growth agenda."
There is no additional information required to be disclosed pursuant to Listing Rule 9.6.13 in relation to the appointment of Peter to the Board of the Carr's.
Enquiries:
Carr's Group plcTim Davies (Chief Executive)John Worby (Senior Independent Director) | Tel: +44 (0) 1228 554 600 |
PowerscourtNick Dibden / Lisa Kavanagh / Sam Austrums | Tel: +44 (0) 20 7250 1446 |
About Carr's Group plc:
Carr's is an international leader in manufacturing and supplying value added products and solutions, with market leading brands and robust market positions in Agriculture and Engineering, supplying customers in over 50 countries around the world.
Its Agriculture division manufactures and supplies feed blocks and supplementation products for livestock, distributes farm machinery and runs a UK network of rural stores, providing a one-stop shop for the farming community. Its Engineering division designs and manufactures bespoke equipment and provides technical engineering services into the nuclear, petrochemical, oil and gas, pharmaceutical, process and renewable energy industries, including robotic and remote handling equipment.