29th Jul 2021 09:08
29 July 2021
Stock Spirits Group PLC ("Stock Spirits")
Board change
Stock Spirits, a leading owner and producer of premium branded spirits and liqueurs that are principally sold in Central and Eastern Europe and Italy, announces the following change to its Board:
Juliette Stacey is joining as an independent Non-Executive Director with effect from 1 September 2021.
Juliette is currently Senior Independent Director and Chair of the Audit Committee for Fuller, Smith and Turner P.L.C., a premium pubs and hotels business. Juliette was formerly Chief Executive Officer of Mabey Group and Chief Operating Officer (Commercial UK & Europe) at Savills plc.
Following this change, the composition of the Board's Committees will be as follows:
· The Audit Committee will continue to be chaired by Mike Butterworth and its other members will be John Nicolson, Tomasz Blawat, Kate Allum and Juliette Stacey.
· The Remuneration Committee will continue to be chaired by Kate Allum and its other members will be Tomasz Blawat, Diego Bevilacqua, Mike Butterworth and Juliette Stacey.
· The Nomination Committee, Responsible Business Committee and the Disclosure Committee membership will not change.
David Maloney, Chair of Stock Spirits, said: "I am delighted to welcome Juliette to the Board. Juliette is a chartered accountant and brings a range of experience and knowledge to the Board including working in Central and Eastern Europe, which will be hugely beneficial as the company continues to develop. The Board are all excited at the prospect of working together for the benefit of Stock's stakeholders".
Commenting on her appointment, Juliette Stacey said: "I am excited to be joining Stock Spirits. The resilience of the Group's strategy and business model during a very challenging year demonstrates the agility and strength of the Company. I very much look forward to working with the Board in delivering the Group's long-term growth trajectory."
Stock Spirits confirms that no further information is required to be disclosed pursuant to paragraph 9.6.13R of the Listing Rules of the UK Listing Authority in relation to the appointment of Juliette Stacey as a director of Stock Spirits Group PLC.
ENDS
For further information:
Stock Spirits Group | +44 (0) 1628 648 500 |
Paul Bal Sally Kenward
Powerscourt +44 (0) 207 250 1446 Rob Greening Lisa Kavanagh About Stock Spirits Group Stock Spirits is one of the leading branded spirits and liqueurs businesses in Central and Eastern Europe and Italy, and offers a portfolio of products that are rooted in local and regional heritage. With businesses in Poland, the Czech Republic, Slovakia, Italy, Croatia and Bosnia & Herzegovina, Stock Spirits also exports to more than 50 other countries worldwide. Global sales volumes currently total over 125 million litres per year. Stock Spirits has production facilities in Poland, the Czech Republic, Germany and Italy. Its portfolio includes well-established "millionaire" (selling in excess of one million 9 litre equivalent cases per annum) brands including Żołᶏdkowa, Lubelska, Božkov and Stock Prestige, local leaders such as Stock 84 brandy, Fernet Stock bitters, Keglevich and Limoncè, as well as more recent innovations including Amundsen Expedition vodka and Božkov Republica rum. Stock Spirits is listed on the main market of the London Stock Exchange. For the year ended 30 September 2020 it delivered total revenue of €341.0m and operating profit before exceptional items of €57.8m. For further information, please visit www.stockspirits.com | |
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Related Shares:
STCK.L