Appointment of Non-Executive Director
APPOINTMENT OF NON-EXECUTIVE DIRECTOR
PZ Cussons plc (“PZ Cussons” or “the Group”) is pleased to announce it has appointed David Tyler as a Non-Executive Director. David will join the Board as a Non-Executive Director at the conclusion of the Annual General Meeting today. It is anticipated that David will be appointed Chair of the Board of Directors following the expiry of the term of office of Chair, Caroline Silver, on 31 March 2023.
David Tyler has many years of experience in the consumer, retail, business services and financial services sectors. He currently serves as the Chair of Domestic and General and has previously served as Chair of J Sainsbury plc, Hammerson plc and Logica plc. The first eleven years of his career were at Unilever and, in more recent years, he was a Non-Executive Director on the Board of Reckitt Benckiser. Other Boards he has served on include Experian and Burberry.
Caroline Silver said: “I am exceptionally proud of the progress PZ Cussons has made as a business, particularly in the last two years when we have accelerated the pace of change. I want to thank all those with whom I have worked in my time as Chair – from fellow Board members to all of PZ Cussons’ brilliant colleagues and our supportive shareholders.
“I am delighted to welcome David to the Board of PZ Cussons plc. With his wealth of experience gained through both executive and non-executive roles at globally-admired companies, I am confident that I will be leaving PZ Cussons in very safe hands when my current term as Chair ends.”
David Tyler said: “I am very pleased to be joining the Board at such an exciting time. PZ Cussons is a business I have watched with great interest for some time, with strong brands across an international footprint. Following the work of the last two years, I believe it is well positioned for profitable growth in the period ahead. I very much look forward to working with Jonathan Myers, the rest of the Board and all PZ Cussons colleagues as we work to create sustainable value for all stakeholders.”
Jonathan Myers, Chief Executive Officer, said: “I would like to thank Caroline for her outstanding contribution to PZ Cussons and her enduring leadership. I am also grateful on a personal level for her support and guidance since I joined the business. We all wish her the best for the future.
“It is my pleasure to welcome David to PZ Cussons. His experience will be of tremendous value as we continue our work to deliver against the significant long-term opportunities we see, ensuring we make PZ Cussons a higher-growth, higher-margin, simpler and more sustainable business.”