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Tate & Lyle ( (GB:TATE) ) has shared an update.
Tate & Lyle PLC announced changes in the non-executive directorships of its CEO, Nick Hampton. He will retire from his role at Great Portland Estates PLC, effective 3 April 2025, and join Severn Trent PLC as a non-executive director on 4 April 2025. Hampton will also take on significant committee roles and assume the position of Senior Independent Director from 1 May 2025. These changes are likely to influence the strategic direction and governance of Tate & Lyle, potentially impacting its market positioning and operational strategies.
More about Tate & Lyle
Tate & Lyle PLC is a global leader in ingredient innovation, providing solutions that enhance the taste and health profile of food and beverages. With a legacy spanning 165 years, the company specializes in sweetening, mouthfeel, and fortification, supplying ingredients that reduce sugar, calories, and fat, while adding fiber and protein. Tate & Lyle serves numerous sectors, including beverages, dairy, bakery, and snacks, and operates in 75 locations across 39 countries. Recent strategic acquisitions, such as CP Kelco, have strengthened its position as a leader in mouthfeel solutions, supporting its mission to transform lives through the science of food.
YTD Price Performance: 1.23%
Average Trading Volume: 1,120,522
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.89B
See more insights into TATE stock on TipRanks’ Stock Analysis page.