Nichols appoints new chief financial officer

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Vimto owner Nichols has appointed a new chief financial officer

Drinks manufacturer Nichols has appointed David Rattigan as its new chief financial officer (CFO), effective from 24 February next year.

He joins the company from own-label household products manufacturer McBride, where he is currently interim CFO – following five years as group financial controller. Upon his appointment, Rattigan will also join Nichols’ board of directors.

Rattigan has significant experience working in senior financial positions across the fast-moving consumer goods sector, with positions including roles at John Lewis, director of financial control at Premier Foods and senior financial controller of United Biscuits.

Commenting on Rattigan’s appointment, chairman John Nichols said: “I am delighted to announce David's appointment as chief financial officer and look forward to welcoming him to the company in the new year.

Handing over the reins

“Tim Croston, our outgoing CFO, will work closely with David to ensure a smooth transition of his responsibilities until his departure in June. I would like to reiterate our thanks to Tim for his significant contribution over 15 years with the group.”

Rattigan’s appointment to the role of chief financial officer comes three months after Nichols promoted group commercial director Andrew Milne to group chief operating officer, announced alongside its interim results. The company’s financial figures saw double-digit growth in sales and low single-digit operating profit growth.

The past month has seen a number of appointments within the food and drink manufacturing industry.  

Cereal and snack giant Kellogg’s appointed senior sales director Chris Silcock as its new vice president and head of its UK and Ireland operations.

Meanwhile, Yorkshire-based Ossett Brewing Company has announced the appointment of a new managing director, as the firm steps up its expansion plans.