C&C Group plc
("C&C" or "the
Group")
Directorate Change
C&C Group plc, the vertically integrated
premium branded drinks group and leading drinks distributor to the
UK and Ireland hospitality sectors, announces the appointment of
Sanjay Nakra as an Independent Non-Executive Director to the Board.
The appointment will be effective from 19 September
2024.
Sanjay is a senior corporate finance leader
with over two decades of investment banking experience in Europe,
the US and Canada. He was Managing Director and Co-Group
Head, Diversified Industries for TD Securities from 2010 to 2021,
and served as Managing Director and Group Head, Technology and
Infrastructure, Investment Banking at TD Securities from 2006 to
2010.
He currently serves on the Board of Directors
of Algoma Steel Group Inc. and CGI Limited. In addition, he
is Co-Chair of the University Health Network (UHN) Annual Gala:
Diwali - A Night to Shine, and is a member of the Board of
Directors, Chair of the Nominating and Governance Committee and
Co-Chair of Women Centre Stage of Soulpepper Theatre
Company.
Sanjay holds a Chartered Accountant (CA)
qualification from the Institute of Chartered Accountants of
Ontario, Canada, a Master of Business Administration from Schulich
School of Business, and a Bachelor of Arts from York
University.
This announcement has been made in accordance
with the requirements of Listing Rule 9.6.11(3).
Ralph Findlay, Chair and CEO of C&C Group
plc, commented:
"I would like
to take this opportunity to welcome Sanjay Nakra to the
Board. He brings a wealth of international corporate and
capital markets expertise spanning three decades which will further
augment the Board's existing capabilities. His corporate
experience and insight will be invaluable as we progress our
financial, operational and future strategic growth
plans.
Sanjay Nakra commented:
"C&C
boasts a unique portfolio of iconic drinks brands and a
market-leading drinks distribution business to the UK and
Ireland. I look forward to joining the Board and bringing my
experience to bear in further enabling this unique business to
achieve its full potential."
19 September 2024
ENQUIRIES
C&C Group
plc
Email:
investor.relations@candcgroup.ie
Instinctif
Partners
T : +44
(0)20 7457 2020
Justine Warren/Hannah Scott/Amelia
Thorn
Email: candccapmkts@instinctif.com
About C&C
Group plc
C&C Group plc is a leading, vertically
integrated premium drinks company which manufactures, markets and
distributes branded beer, cider, wine, spirits, and soft drinks
across the UK and Ireland.
·
C&C Group's portfolio of owned/exclusive brands include
Bulmers, the leading Irish cider brand and Tennent's, the leading
Scottish beer brand; as well as a range of fast-growing, premium
and craft ciders and beers, such as Heverlee, Menabrea, Five Lamps
and Orchard Pig. C&C exports its Magners and Tennent's brands
to over 40 countries worldwide.
·
C&C Group has owned brand and contract
manufacturing/packing operations in Co.Tipperary, Ireland and
Glasgow, Scotland.
·
C&C is the No.1 drinks distributor to the UK and Ireland
hospitality sectors. Operating through the Matthew Clark, Bibendum,
Tennent's and Bulmers Ireland brands, the Group has a market
leading range, scale and reach including an intimate understanding
of the markets it serves. Together this provides a key
route-to-market for major international beverage
companies.
C&C Group plc is an Irish incorporated FTSE
250 company headquartered in Dublin and is listed on the London
Stock Exchange.