Appointment of Chief Financial Officer

RNS Number : 7852B

Treatt PLC

16 February 2022

 

16 February 2022

TREATT PLC

 ("Treatt" or "the Group")

Appointment of Chief Financial Officer

Treatt, the manufacturer and supplier of a diverse and sustainable portfolio of natural extracts and ingredients for the beverage, flavour and fragrance industries, announces that Ryan Govender will join the Company as CFO - Designate on 23^rd May 2022. After a handover period to ensure a smooth transition, Ryan will replace Richard Hope as CFO and an Executive Director on the Board on 1^st July 2022 . As announced previously, Richard will be retiring on 30 June 2022.

Ryan is an experienced CFO, having worked for over 20 years in senior finance roles across global FMCG businesses, particularly in the food sector. His diverse experience includes strategy, FP&A, corporate structuring, large capital projects, investor relations and finance transformation.

For the past 12 years he has been working at Associated British Foods, the FTSE 100 international food, ingredients and retail group, most recently as CFO of SPI Pharma, a provider of innovative solutions to global pharmaceutical and nutritional customers. Before that he held finance and management roles within other ABF businesses, including Speedibake, Germains Seed Technology and Illovo Sugar. He qualified as a Chartered Accountant at PwC in South Africa.

Daemmon Reeve, CEO of Treatt, commented:

"It's fantastic to have Ryan joining our team at Treatt. His significant international experience in FMCG businesses will be extremely valuable, as we continue to benefit from a number of prevailing consumer trends across our categories. I'm confident Ryan will fit in well as we further our investment in both people and infrastructure to drive our next chapter of growth."

Ryan Govender, added:

"I'm excited to begin working with Daemmon and his colleagues at Treatt, a business which has made extraordinary strides over recent years and has so much potential for the future. With a brand new HQ, a growing team and some fantastic global customers, I'm looking forward to getting started."

The Company confirms that there is no further information to be disclosed under the requirements of Listing Rule 9.6.13 in relation to the appointment.

Treatt plc                                   [phone]

Daemmon Reeve                                                                      Chief Executive Officer

Richard Hope                                                                            Chief Financial Officer

Financial PR

MHP Communications                                                            [phone]

Tim Rowntree

Simon Hockridge

Catherine Chapman

About the Group

Treatt is a global, independent manufacturer and supplier of a diverse and sustainable portfolio of natural extracts and ingredients for the flavour, fragrance and multinational consumer product industries, particularly in the beverage sector. Renowned for its technical expertise and knowledge of ingredients, their origins and market conditions, Treatt is recognised as a leader in its field.

The Group employs over 400 staff in Europe, North America and Asia and has manufacturing facilities in the UK and US.  Its international footprint enables the Group to deliver powerful and integrated solutions for the food, beverage and fragrance industries across the globe.

For further information about the Group, visit www.treatt.com .

 

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