PureCircle Limited Appointment of Chief Operating Officer (8575N)

TIDMPURE

RNS Number : 8575N

PureCircle Limited

01 November 2016

PureCircle Limited

("PureCircle or "the Company")

Appointment of Chief Operating Officer

PureCircle (LSE: PURE), the world's leading producer and marketer of high purity stevia ingredients, today announces the appointment of Gary Juncosa as Chief Operating Officer with effect from 1 November 2016.

In this role, Gary will report to the CEO, Magomet Malsagov, and will be driving the optimisation and management of the Company's global operations. This covers leaf sourcing, manufacturing, customer service and sustainability endeavours.

Gary Juncosa has more than 20 years of experience in the specialty chemicals sector, including 7 years at International Flavors and Fragrances (IFF) in various global leadership roles including supply chain, procurement and global ingredient sales; 4 years as Vice President of Operations of Yinghai Aroma Chemical Group in Tianjin, China, a private supplier of aroma chemicals and fragrance ingredients; 2 years with LS9, a biotech start-up designing bacteria to produce chemicals; and most recently 2 years at Renewable Energy Group (REG), a global biofuels and renewable chemicals company, who acquired LS9, as General Manager of their Chemical business.

PureCircle's Chairman, Paul Selway-Swift, commented:

"We are delighted to welcome Gary into his new role at PureCircle as our Chief Operating Officer. Gary brings a broad range of experience in various aspects of operations management, in particular managing supply chain and procurement activities in the speciality chemicals sector. This will be invaluable as we move forward to develop the PureCircle business."

Magomet Malsagov, Chief Executive Officer commented:

"Gary will be instrumental in driving the operations of our Company now that the new expanded purification facility is near to completion. With the new COO overseeing the day-to-day activities of the Company and the continued support of other leaders in the management team, I will be able to focus on driving the growth strategy and development of PureCircle's long term business objectives of providing a portfolio of stevia-based sweetener solutions to global F&B and Flavour companies."

1 November 2016

 
 Enquiries: 
 
 PureCircle Limited (www.purecircle.com) 
 Magomet Malsagov, CEO                      [phone] 
 Rakesh Sinha, CFO                          [phone] 
 
 

NOTES TO EDITORS

PureCircle is the world's leading producer of high-purity stevia ingredients for the global food and beverage industry. Its mission is to encourage healthier diets around the world through the supply of natural ingredients to the global food and beverage industry. Its vision is to lead the global expansion of stevia as the next mass volume, natural-origin sweetener. PureCircle has offices around the world with the global headquarters in Kuala Lumpur, Malaysia. The Business was founded in 2002. PureCircle's shares are listed on the main market of the London Stock Exchange and trade under the ticker symbol PURE. For more information, visit: www.purecircle.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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November 01, 2016 03:00 ET (07:00 GMT)