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Smiths News PLC Announces Strategic Board Changes
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Smiths News PLC Announces Strategic Board Changes

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Smiths News PLC ( (GB:SNWS) ) just unveiled an announcement.

Smiths News PLC announced changes to its Board of Directors, effective January 16, 2025. Manju Malhotra will join as an independent non-executive director and Audit Committee chair-designate, succeeding Mark Whiteling, who is set to retire by the 2027 AGM. Denise Collis will step down post her nine-year term, with Michael Holt taking over as Remuneration Committee chair. The appointments are expected to bring strong cross-sectoral expertise and assure succession planning, enhancing the Board’s capabilities.

More about Smiths News PLC

Smiths News PLC is the UK’s largest news wholesaler, providing early morning end-to-end supply chain solutions. For over 200 years, it has distributed newspapers and magazines for major publishers, servicing around 22,500 customers across England and Wales daily. The company’s rapid turnaround and extensive coverage are crucial to its efficient physical supply chain.

YTD Price Performance: 0.89%

Average Trading Volume: 1,062,944

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £163.4M

For an in-depth examination of SNWS stock, go to TipRanks’ Stock Analysis page.

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