Tate & Lyle appoints new chief executive
He succeeds Javed Ahmed who is stepping down and retiring after serving eight years in the role.
Currently chief financial officer and a board member, Hampton joined Tate & Lyle in September 2014 from PepsiCo.
He served as president of PepsiCo’s West Europe operations and as senior vice president of commercial Europe since 2013. Prior to this, he held a number of senior finance and operational roles over his 20 years with the company.
‘Strong track record’
Commenting on Hampton’s appointment, Tate & Lyle chairman Gerry Murphy said: “Nick has been an outstanding chief financial officer with a strong track record of driving performance, building teams and capabilities and focusing on key customers and markets.
“We are confident he has the experience, energy and vision to lead Tate & Lyle through the next phase of its development. My fellow board members and I look forward to working with Nick and our top team in the exciting years ahead.”
He thanked Ahmed for his leadership over the past eight years and leaving the company in a very strong position.
Ahmed added: “It has been my great privilege to lead Tate & Lyle for the last eight years, which have involved a very significant reshaping of the business.
‘Stronger and higher quality business’
“Today, Tate & Lyle is a much stronger and higher quality business than it was eight years ago, and with Nick leading the company along with its strong management team, it is in great hands.”
The process to appoint a new chief financial officer of Tate & Lyle is underway and a further announcement would be made in due course, said the company.
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Meanwhile, last month, Morrisons appointed Unilever’s Refreshment division president Kevin Havelock as a non-executive director, effective from February.
