7
March 2024
CREIGHTONS plc ("Creightons"
or the "Company")
Board Changes
and
New
Appointment
Creightons plc (LSE:
CRL), product developers, brand owners
and manufacturers of personal care, beauty,
and fragrance products, announces the following changes to the Board of directors, all
of which take place with immediate effect.
Ms Philippa Clark has been appointed
as Group Managing Director. Pippa has been Global Sales and
Marketing Director and a member of the Board since 2015. Pippa has
been integral in driving the organic sales growth over the past 20
years, has an intimate knowledge of the business, its customers and
the market in which it operates. Pippa has also been key in the
ideation, development and launch to market of a number of the
company's brands. This experience places her in a unique position
to lead the business forward for the foreseeable future. Pippa will
continue to be supported by Martin Stevens in his executive
director role as Group Deputy Managing Director.
Mr William McIlroy is retiring from
his executive roles as Chairman and CEO. William will remain
on the Board as a non-executive director, which enables the Company
to utilise the experience he has gained over the past 24
years.
Mr Paul Forster, currently a
non-executive director having retired from his Executive role as
Finance Director in 2021, will take over as the non-executive Chair
of the Board. Paul's knowledge of the business, the executive
directors and senior team members will help the company navigate
the changes needed to move the Group forward.
Mr Brian Geary has joined the board
as a non-executive director. Brian has a wide experience in
business and as an investor in small, quoted businesses to include
Creightons plc. This will enable the Company to benefit from
Brian's knowledge to create shareholder value.
Mr Geary's current and past
directorships (within the last 5 years) are as follows:
Current: Antrim Hills Spring Water Company Limited
Past: Port
Saffron Limited
There is no further information on
Mr Geary required to be disclosed under LR 9.6.13.
Mr Geary and his family currently
hold a total of 7,043,259 ordinary shares in the Company,
representing a holding of 10.29 %.
Quote
''I and my board colleagues would
like to thank William McIlroy for his service and insightful
contribution to the business over the past 24 years and to welcome
Brian Geary to the Board. We would also like to thank Pippa
Clark, Martin Stevens and the executive management team for their
work guiding the company over the past few months and look forward
to working with them as they develop a new focus on driving sales
and profit growth.''
Paul Forster, Chair of the
Board
Creightons plc.
Enquiries analysts/investors
email info@creightons.com
Roland Cornish, Beaumont Cornish
Limited 0207
628 3396
Beaumont Cornish Limited, which is authorised and regulated in
the United Kingdom by the Financial Conduct Authority, is Financial
Adviser to the Company in relation to the matters referred herein.
Beaumont Cornish Limited is acting exclusively for the Company and
for no one else in relation to the matters described in this
announcement and is not advising any other person and accordingly
will not be responsible to anyone other than the Company for
providing the protections afforded to clients of Beaumont Cornish
Limited, or for providing advice in relation to the contents of
this announcement or any matter referred to in
it.
This announcement contains inside
information for the purposes of Article 7 of the Market Abuse
Regulation (EU) 596/2014 as it forms part of UK domestic law by
virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under
Article 17 of MAR.