18th Sep 2008 07:00
Tate & Lyle PLC Tate & Lyle Board Change Tate & Lyle PLC (the "Company") announces that John Nicholas, Group FinanceDirector, will by mutual agreement step down from the Board and leave theCompany on 30 September 2008 following a short handover period. Pending the appointment of a new Group Finance Director, Tim Lodge, currentlyDirector of Investor Relations, will assume the role of Acting Group FinanceDirector alongside his current duties. Sir David Lees, Chairman of Tate & Lyle, said "The Board would like to thankJohn for all he has done for Tate & Lyle and wish him every success in thefuture." END For more information contact Tate & Lyle PLC: Rowan Adams, Director of Corporate Affairs (Media) Tel: 020 7626 6525 or Mobile: 07713 067542 Tim Lodge, Director of Investor Relations Tel: 020 7626 6525 or Mobile: 07798 837317 Notes to Editors: 1. Tim Lodge has worked for Tate & Lyle for 20 years. During that time has held a number of senior roles at both a corporate and operational level, including as the Group Financial Controller, Finance Director of the Food & Industrial Ingredients, Europe Division and, currently, as Director of Investor Relations. 2. John Nicholas joined Tate & Lyle on 1 June 2006 and became Group Finance Director and a member of the Board on 19 July 2006. About Tate & Lyle: Tate & Lyle is a world-leading renewable food and industrial ingredientscompany, serving a global market from over 50 production facilities throughoutthe Americas, Europe and South East Asia. Our efficient, large-scalemanufacturing plants turn agricultural products, corn and cane sugar, intovaluable ingredients for our customers. These ingredients add taste, texture,nutrition and increased functionality to products that millions of people aroundthe world use or consume every day. Tate & Lyle's range of leading branded food ingredients includes SPLENDA(R)Sucralose, PROMITOR(TM) Dietary Fiber, STA-LITE(R) Polydextrose, Tate & LyleFairtrade Sugar and Lyle's Golden Syrup. Tate & Lyle also produces brandedindustrial ingredients including Bio-PDO(TM), Ethylex(R) and STA-Lock(R) paperstarches; and staple ingredients such as high fructose corn syrup, sugar,ethanol, citric acid and basic starches. In addition to providing a wide rangeof ingredients our expert sales and product applications teams support customersby providing technical advice and proprietary consumer insight studies. Tate & Lyle is listed on the London Stock Exchange under the symbol TATE.L.American Depositary Receipts trade under TATYY. In the year to 31 March 2008,Tate & Lyle employed 6,488 people in its subsidiaries and joint ventures, andsales totalled £3.4 billion. http://www.tateandlyle.com. SPLENDA(R) is atrademark of McNeil Nutritionals, LLC Copyright Business Wire 2008Related Shares:
Tate & Lyle