Croda International Regulatory News (CRDA)

16 December 2019

Croda International Plc

Appointment of Non-Executive Director - Board succession planning

The Board of Croda International Plc is pleased to announce the appointment of John Ramsay as a Non-Executive Director with effect from 1 January 2020.

John, a Chartered Accountant, served as Chief Financial Officer of Syngenta AG from 2007 to 2016 and was also Interim Chief Executive Officer from October 2015 to June 2016. Prior to this, John served as Group Financial Controller of Syngenta from 2000 to 2007 and as the Finance Head of Asia Pacific for Zeneca Agrochemicals from 1993 to 1999. Earlier in his career he was a Financial Controller of ICI Malaysia and regional controller for Latin America. Before joining ICI in 1984, he worked in audit and tax at KPMG. John is a member of the Supervisory Board at Koninklijke DSM N.V. and a Non-Executive Director of G4S plc and RHI Magnesita N.V. He is Audit Committee Chair on all three boards.

On joining the Board, John will be appointed to the Audit, Nomination and Remuneration Committees.

Alan Ferguson will retire from the Board on 23 April 2020 following the AGM after nine years as a Non-Executive Director. John Ramsay will take over as Chair of the Audit Committee and Helena Ganczakowski will take on the role as Senior Independent Director. Helena has been on the Board since February 2014 and is the Chair of the Remuneration Committee.

Anita Frew, Chair of Croda International Plc, commented:

"John brings with him a wealth of financial, international and sector experience. John has a Life Sciences background with ICI, AstraZeneca and Syngenta and brings a deep emerging market experience from his 10 years living and working in Asia and from his work in Latin America. We are delighted to welcome him to the Board. John's appointment in January 2020 will allow for a period of hand over before he takes the role as Audit Committee Chair in April 2020. His strong background as an Audit Committee Chair will be of enormous benefit to the Croda Board and complement and enhance the significant expertise we already have on the Board.

"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.

"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."

There are no further matters to be disclosed under LR9.6.13R of the Listing Rules of the UK Listing Authority.

Enquiries:

Jez Maiden, Group Finance Director, Croda International Plc

investor.relations@croda.com

+44 (0)1405 860551

Charlie Armitstead, Teneo

charles.armitstead@teneo.com 

+44 (0)7703 330 269