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BAG Barr (a.g.) Plc

560.00
2.00 (0.36%)
Last Updated: 12:02:30
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Barr (a.g.) Plc LSE:BAG London Ordinary Share GB00B6XZKY75 ORD 4 1/6P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.00 0.36% 560.00 557.00 560.00 560.00 558.00 558.00 11,601 12:02:30
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Btld & Can Soft Drinks,water 317.6M 33.9M 0.3046 18.38 623.22M

Barr(A.G.) PLC Board succession announcement

01/02/2024 7:00am

RNS Regulatory News


RNS Number : 6031B
Barr(A.G.) PLC
01 February 2024
 

                                                                                                                                                                

IMMEDIATE RELEASE                                                                                              1 February 2024

 

A.G. BARR p.l.c.

("A.G. BARR" or the "Group")

 

A.G. BARR is a branded multi-beverage business with a portfolio of market-leading UK brands, including IRN-BRU, Rubicon, FUNKIN and Boost.

 

Board succession announcement

 

The Board of Directors (Board) of A.G. BARR p.l.c. is pleased to announce the appointment of Euan Sutherland as the Group's Chief Executive Officer with effect from 1 May 2024.

 

Euan has a wealth of consumer goods experience, having led major consumer-facing businesses through periods of significant growth, both in the UK and internationally. He has an excellent track record in delivering sustainable growth based on consumer insight, innovation and digital capability, while improving efficiency and profitability through major transformation programmes. He was most recently Group CEO of Saga plc, the UK's specialist products and service provider for people aged 50 and over, having previously been CEO of Superdry plc, The Co-op Group and Group COO of Kingfisher plc. Euan has a background in global fast-moving consumer goods brands, including Mars and Coca-Cola, plus eight years on the board of Britvic plc as a non-executive director.  

 

As announced in August last year, Roger White will step down from the Board at the end of April 2024 and will remain available until the end of July to support a smooth leadership transition as planned.

 

Mark Allen, Chair of A.G. Barr, commented "It has been a great pleasure working with Roger, who has successfully led the business for over two decades and delivered significant value to shareholders, stakeholders and employees. We wish him well in the future. On behalf of the Board, I am delighted that Euan is joining A.G. BARR. He has substantial experience across several consumer-facing businesses and will be a strong addition to the Board. He is well placed to lead A.G. BARR through the next exciting phase of its development and to ensure the continued long term success of the business."

 

Euan Sutherland commented "I am very excited to join A.G. BARR, which has a unique heritage, strong culture and exceptional brands. I look forward to working with the Board and the wider business to continue to deliver significant value to shareholders, stakeholders and employees for the long term."

  

No other information is required to be disclosed pursuant to Listing Rule 9.6.13R in relation to Euan Sutherland's appointment as the Group's Chief Executive Officer.

 

For more information, please contact:                                           

 

A.G. BARR  0330 390 3900                                               Instinctif Partners  020 7457 2020

Mark Allen, Chair                                                                           Justine Warren

                                                                                                        Matthew Smallwood

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.

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