21st Nov 2007 12:30
Nichols PLC21 November 2007 Date: Immediate release, Wednesday 21 November 2007 Contacts: John Nichols, Executive Chairman Brendan Hynes, Chief Executive Nichols plc Telephone: 01925 222222 Website: www.nicholsplc.co.uk Alistair Mackinnon-Musson Nicola Savage Hudson Sandler Telephone: 020 7796 4133 Email: [email protected] Richard Evans Brewin Dolphin Ltd (nominated adviser) Telephone: 0845 270 8600 Photographs available: On request from Hudson Sandler, as above Nichols plc BOARD CHANGES Nichols plc, the soft drinks group, announces Mr John Nichols (currentlyExecutive Chairman) and Mr Brendan Hynes (currently Finance Director) will bechanging their Board roles. Brendan Hynes The Board is delighted to announce that with immediate effect Brendan has beenappointed as the Group's Chief Executive. Brendan joined the Board of Nicholsplc as Group Finance Director in 2002, having previously been Group FinanceDirector of William Baird plc and KPS plc. The Board has already commenced the process to recruit a new Group FinanceDirector. John Nichols The Board is also pleased to report it has accepted John's request to move fromExecutive Chairman to Non-executive Chairman of the PLC Board. John will remain as Executive Chairman until a new Finance Director has beenappointed and both he and Brendan have settled into their new roles. This islikely to be early in 2008. Commenting John Nichols, Chairman, said: "Brendan has been instrumental in the successful re-shaping of the Nichols groupover the last four years and his knowledge, drive and experience will be a greatasset in leading the business into the next stage of its development and growth.I have every confidence he will be an excellent Chief Executive and the Boardcongratulates him on his new role". - Ends - Notes to Editors: Nichols plc is a highly focused soft drinks and dispensed cold drinks business,comprising two operations: 1. Soft Drinks (sales and marketing of the Vimto brand throughout the world, where it is now available in over 65 countries and of the Panda & Sunkist brands in the UK) and 2. Dispense Systems (namely the Cabana & Beacon cold soft drinks on draught ' dispense' businesses) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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