Share Name Share Symbol Market Type Share ISIN Share Description
Wincanton Plc NEX:WIN.GB NEX Ordinary Share GB0030329360
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.00p +0.85% 236.00p 219.00p 249.00p 234.00p 225.56p 234.00p 13,322 16:30:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
- - - -

Wincanton PLC Directorate change

09/05/2019 7:00am

UK Regulatory (RNS & others)


Wincanton (NEX:WIN.GB)
Historical Stock Chart

6 Months : From Apr 2019 to Oct 2019

Click Here for more Wincanton Charts.

TIDMWIN

RNS Number : 4371Y

Wincanton PLC

09 May 2019

 
 For Immediate Release   9 May 2019 
 

WINCANTON PLC ("Wincanton" or the "Group")

Directorate change

Wincanton, the largest British third party logistics company, today announces that Adrian Colman, Chief Executive, has formally notified the Board of his intention to retire. He will therefore step down from the Board later this year. The Board is pleased to announce that he will be succeeded by James Wroath, currently Chief Operating Officer, North America for LSG Sky Chefs.

James' appointment follows a comprehensive search process undertaken by the Board's Nomination Committee, as part of its succession planning, supported by an external search firm.

James has been Chief Operating Officer of North America for LSG Sky Chefs since 2015. Previously, he was a Senior Vice President for Kuehne & Nagel in the UK and North America with senior roles in contract logistics and transportation between 2006 and 2015. Prior to that, James worked in senior distribution roles with Scottish & Newcastle.

James is expected to join Wincanton no later than the end of October. In order to effect an orderly handover, Adrian will remain as Chief Executive and Board director until that time.

Dr Martin Read CBE, Chairman of Wincanton, said: "We are delighted to have appointed a candidate of James' calibre and look forward to welcoming him to the Board. He has deep experience in logistics and the broader business services environment and will be focused on exploiting Wincanton's respected market position, its extensive national coverage and its strong operational base to deliver profitable growth.

"On behalf of the Board, I also want to acknowledge the significant contribution that Adrian has made during his six years with the Group. During his tenure, Wincanton has successfully rebuilt its financial position and considerably improved the reliability of its earnings. We thank Adrian for his commitment and hard work and wish him all the very best for the future."

For further information, please contact:

 
 Wincanton plc                  Tel: 01249 710 000 
 Dr Martin Read CBE, Chairman 
 Tim Lawlor, Chief Financial 
  Officer 
 
 Buchanan (Financial PR)        Tel: 0207 466 5000 
 Richard Oldworth 
 Victoria Hayns 
 Maddie Seacombe                wincanton@buchanan.uk.com 
 

Notes:

Listing Rule 9.6.13R

The Company confirms that there are no disclosures to be made in connection with Mr Wroath's appointment in accordance with Listing Rule 9.6.13R.

Information regarding Mr Colman

Information on payments to be made to Adrian Colman after he ceases to be a director, which the Company is required to make available under s430(2B) of the Companies Act 2006, can be accessed via the Investors section on www.wincanton.co.uk

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

BOAUWABRKUAVRAR

(END) Dow Jones Newswires

May 09, 2019 02:00 ET (06:00 GMT)

1 Year Wincanton Chart

1 Year Wincanton Chart

1 Month Wincanton Chart

1 Month Wincanton Chart
Your Recent History
NEX
WIN.GB
Wincanton
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20191014 22:37:23