Directorate Change

The following amendment has been made to the Directorate Change announcement released on 20 April 2018 at 07:00 under RNS No 5187L.

Name amended from Robert to Roberto in the first paragraph.

All other details remain unchanged.

The full amended text is shown below.

20 April 2018

Croda International Plc

Appointment of Non-Executive Directors - Board succession planning

The Board of Croda International Plc is pleased to announce the appointment of Roberto Cirillo and Jacqui Ferguson as non-executive directors. Roberto will join the Board with effect from 26 April 2018 and Jacqui will join with effect from 1 September 2018.

These appointments strengthen the Board's skills and experience in the areas of strategy, operations, international/emerging markets and digitalisation.

Roberto has worked in a number of international roles over the last 20 years, most recently as CEO of Optegra, the international eye healthcare company. Before that he was at Sodexo, where he played a critical role in the company's transformation and growth, working in a variety of roles, including in strategy and later as Group COO and as Country CEO of their French business. Prior to that Roberto worked as a consultant at Mckinsey & Company across many different areas and countries.

Jacqui has almost 30 years' experience in international roles in the technology sector. She held many senior operating roles at Hewlett Packard, including SVP & General Manager of HP's Enterprise Services Division in Europe whose business was to deliver digital and technology enabled transformations for enterprises. She was also Chief of Staff at Hewlett Packard working with the Chairman and CEO focused on a new company strategy and transformation. Prior to Hewlett Packard Jacqui worked for Electronic Data Systems, acquired by HP in 2008, and KPMG. Jacqui is currently a non-executive director of Wood Plc.

On joining the Board, both Jacqui and Roberto will also be appointed to the Audit, Nomination and Remuneration Committees. 

Anita Frew, Chairman of Croda International Plc, said,

"Both appointments will be of enormous benefit to the Croda Board, supporting our strategic plans to connect more dynamically to customers through the use of technology and helping customers transition to more sustainable ingredients. Roberto brings with him a wealth of international experience in operations and strategy and Jacqui a deep knowledge of digital as well as experience in operating in emerging markets. The appointments will also bring greater diversity to the Board in terms of gender, tenure, nationality and experience. We are delighted to welcome them both to the Croda Board.

"As previously announced, Nigel Turner will be retiring from the Board on 26 April 2018, at which time Alan Ferguson will take on the role of Senior Independent Director.

"Steve Williams will have served on the Board for nine years in 2019. In preparation for his retirement next year, Helena Ganczakowski will take over as Chairman of the Remuneration Committee with effect from 26 April 2018. This will give Helena a good period as Chairman to prepare for the Committee's review of the Company's remuneration policy at the end of the year. Helena has been a member of the Remuneration Committee since 1 February 2014.

"All these changes to the Board are consistent with the Board's approach to succession planning."

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

Enquiries:

Shareholders: Conleth Campbell, VP Investor Relations +44 1405 860 551

Press: Charlie Armistead, Teneo Blue Rubicon +44 203 603 5220