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Tate & Lyle Announces Board Changes with New Appointment and Retirement

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Tate & Lyle Announces Board Changes with New Appointment and Retirement

Tate & Lyle ( (GB:TATE) ) has shared an announcement.

Tate & Lyle PLC announced the appointment of Steve Foots as a non-executive director and member of the Remuneration and Nominations Committees, effective after the Annual General Meeting in July 2025. Foots, currently the Chief Executive of Croda International Plc, brings strategic and operational expertise that is expected to support Tate & Lyle’s growth agenda. Concurrently, Lars Frederiksen will retire from the Board after nine years of service. These changes are aimed at strengthening the company’s leadership as it continues to focus on innovation and customer satisfaction.

More about Tate & Lyle

Tate & Lyle PLC is a global leader in ingredient innovation, providing solutions that enhance the taste and healthiness of food and beverages. With expertise in sweetening, mouthfeel, and fortification, the company develops ingredients that reduce sugar, calories, and fat while adding fiber and protein. Tate & Lyle serves customers in over 120 countries, supported by more than 5,000 employees across 75 locations worldwide. The company is listed on the London Stock Exchange and has recently expanded its capabilities by acquiring CP Kelco, a provider of nature-based ingredients.

YTD Price Performance: -19.78%

Average Trading Volume: 1,353,547

Technical Sentiment Signal: Buy

Current Market Cap: £2.3B

Learn more about TATE stock on TipRanks’ Stock Analysis page.

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