TIDMGNC

RNS Number : 4473L

Greencore Group PLC

05 September 2023

5 September 2023

Greencore Group plc

Appointment of Catherine Gubbins as CFO

Greencore Group plc ('Greencore' or the 'Group'), a leading manufacturer of convenience foods in the UK, is pleased to announce that Catherine Gubbins has been appointed to the role of Chief Financial Officer ('CFO') and Executive Director. She is expected to join Greencore and take up her role in early 2024. Jonathan Solesbury, who joined Greencore as Interim Chief Financial Officer in June 2023, will continue in his role into early 2024 to help provide a seamless transition.

Catherine joins Greencore from daa plc, the global airports and travel retail group, having worked there for nine years in various finance roles including as Director of Finance and since March 2021, as Group CFO. Catherine is an experienced CFO with a strong track record of successfully leading all finance, legal and procurement functions while at daa plc. Before moving to daa plc, Catherine spent 16 years as a Senior Manager in assurance and business advisory with PwC Ireland, working with a broad range of the firm's most significant clients.

Leslie Van de Walle, Chair, commented:

"We are delighted to appoint Catherine as CFO of Greencore. Following a rigorous selection process, we are pleased to have been able to attract a candidate of Catherine's calibre to the Board. She brings a wealth of experience that will be of significant benefit to the Group."

Dalton Philips, Chief Executive Officer, commented:

"I'm very pleased to see Catherine joining our team. She has a proven track record as a CFO and has shown outstanding leadership through both smooth and more challenging times. Having worked with Catherine, I know what a great asset she will be to our business as we continue on our journey to rebuild profitability and create the platform necessary to support our future growth."

Catherine Gubbins, incoming CFO, commented:

"Greencore is a group with a strong legacy, operating in a dynamic and ever-changing industry. I'm delighted to be joining a business with such a pedigree and am really looking forward to working with the team to drive the growth potential of the business. "

This announcement is made pursuant to LR 9.6.11 and LR 9.6.13 of the Listing Rules. Greencore confirms there is no further information to be disclosed under the requirements of LR 9.6.11 or 9.6.13 of the Listing Rules in relation to Catherine's appointment.

For further information, please contact:

 
Dalton Philips                Chief Executive Officer  Tel: +353 (0) 
                                                        1 486 3326 
Damien Moynagh                Group General Counsel    Tel: +353 (0) 
                               & Company Secretary      1 605 1000 
David Marshall                Investor Relations       Tel: +353 (0) 
                                                        1 605 1000 
Rob Greening/ Nick Hayns/     Powerscourt              Tel: +44 (0) 20 
 Sam Austrums                                           7250 1446 
Billy Murphy/ Claire Rowley/  Drury Communications     Tel: +353 (0) 
 Cian Doherty                                           1 260 5000

About Greencore

We are a leading manufacturer of convenience food in the UK and our purpose is to make every day taste better. We supply to all the major supermarkets in the UK. We also supply convenience and travel retail outlets, discounters, coffee shops, foodservice and other retailers. We have strong market positions in a range of categories including sandwiches, salads, sushi, chilled snacking, chilled ready meals, chilled soups and sauces, chilled quiche, ambient sauces and pickles, and frozen Yorkshire Puddings.

In FY22, we manufactured 795m sandwiches and other food to go products, 127m chilled prepared meals, and 296m bottles of cooking sauces, pickles, condiments and chilled soups. We carry out more than 10,600 direct to store deliveries each day. We have 23 world-class manufacturing units across 16 locations in the UK, with industry-leading technology and supply chain capabilities. We generated revenues of GBP1.7bn in FY22 and employ approximately 14,000 people. We are headquartered in Dublin, Ireland. For further information go to www.greencore.com or follow Greencore on social media.

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September 05, 2023 07:00 ET (11:00 GMT)

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