M. P. Evans Group PLC Board and senior management changes (0375B)
31 Maggio 2023 - 8:00AM
UK Regulatory
TIDMMPE
RNS Number : 0375B
M. P. Evans Group PLC
31 May 2023
M.P. EVANS GROUP PLC
("The Group" or "M.P.Evans")
BOARD AND SENIOR MANAGEMENT CHANGES
The board of M.P. Evans, producer of sustainable palm oil,
announces the following board and senior management changes, in
addition to the previously announced retirement of Philip Fletcher
from the board, due to take place on 31 July 2023.
K Chandra Sekaran
On 31 July 2023, K Chandra Sekaran ("Chandra") will retire from
his role as President Director of PT Evans Indonesia, ("PT Evans"),
the Group's Indonesian management company, the position he has held
since he joined the Group in 2008. The board is, however, delighted
that Chandra will continue to serve as a director, transitioning
from executive to non-executive with effect from 1 August 2023. He
will additionally perform a new advisory role, providing high-level
advice to PT Evans Indonesia on a part-time basis. The board is
extremely grateful to Chandra for the invaluable contribution he
has made to the Group during a period of significant development
and expansion, and to its success over the past 15 years.
Luke Shaw
On 1 August 2023, Luke, the Group's chief financial officer
("CFO"), will join the board. Luke joined the Group on 1 July 2022,
having formerly held a senior finance position with Spectris plc.
Luke has performed the role of CFO extremely ably and his promotion
is welcomed by the board.
Ravichandran Krisnapillay
On 1 August 2023, Ravichandran Krisnapillay ("Ravi") will be
promoted to the role of President Director of PT Evans. Ravi is a
civil engineer by background and joined PT Evans in 2016, having
formerly worked for Cargill and Goodhope Asia Holdings. He has an
excellent knowledge of all aspects of plantation management and has
been serving as the Group's director of operations for the last two
years, working closely with Chandra. The board has enormous
confidence in Ravi, to manage the Group's existing operations and
to drive the continuing expansion of its sustainable palm-oil areas
in line with its strategic objectives.
Peter Hadsley-Chaplin, chairman, commented:
"I have much pleasure in announcing these board and senior
management changes which are wholly in line with the Group's
succession plans. I am very confident of the ability of Chandra,
Luke and Ravi to add further value to the Group in their respective
new roles."
31 May 2023
Enquiries:
M.P. Evans Group PLC +44 (0)1892 516333
Peter Hadsley-Chaplin Executive chairman
Matthew Coulson Chief executive
Peel Hunt LLP (Nomad and
joint broker) +44 (0)20 7418 8900
Dan Webster, Andrew Clark,
Lalit Bose
finnCap (Joint broker) +44 (0)20 7220 0500
Tim Redfern, Harriet Ward
Hudson Sandler (Financial
PR) +44 (0)20 7796 4133
Charlie Jack, Francis Kerrigan,
Amelia Craddock
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END
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May 31, 2023 02:00 ET (06:00 GMT)
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