Adnams plc
Appointment of
CEO
Adnams plc (the "Company"), the
Suffolk-based premium beer, spirits and hospitality group,
announces that it has appointed Jenny Hanlon as Chief Executive
Officer with effect from the conclusion of the Company's Annual
General Meeting to be held in June.
Mrs Hanlon, 48, is currently the
company's Chief Financial Officer. She succeeds Dr Andy Wood OBE
DL, 64, who will remain with the business until the end of the year
in a consultancy capacity before retiring.
The appointment, which follows a
long-term succession plan announced last July, was approved by the
Board on 28th March.
Dr Wood's career at Adnams spans
almost 30 years ago, including 14 years as CEO during which time he
led the transformation of the business from a regional brewing
company into a diversified beer, wine and spirits company with a
pub, hotel and retail estate.
Having been a champion for Adnams'
commitment to sustainability, he was awarded an OBE in the Queen's
Birthday Honours 2013 and previously served as HRH The Prince of
Wales' Ambassador for Responsible Business in the East of
England.
Mrs Hanlon, who is the company's first
female CEO in its 150-year history, started her career with Ernst
& Young and has performed senior finance roles with Greene
King, Barclays, Willis plc, iprism and GRP Group. She joined the
Board of Adnams in 2020.
Jenny Hanlon said: "This is a hugely
exciting time to be taking the reins from Andy.
"The Adnams brand is cherished and
championed by colleagues and customers, in its heartland of the
East of England, across the wider UK and throughout dozens of
countries around the world.
"Looking ahead, what's important is
that we keep evolving and keep innovating - our brand and product
portfolio, our brewing, distilling and distribution operations and
our estate - while continuing to support our customers, communities
and colleagues with the same values and commitments which have
served us so well."
Dr Wood said: "It's been an honour and
a privilege to lead Adnams, a business which is has been at the
heart of our community in Suffolk for over 150 years.
"While the markets we operate in
continue to face many challenges, I'm confident that Adnams has the
vision and values to build on its incredible success story in the
years ahead, and to remain a proud innovator in the
market."
Dr Jonathan Adnams OBE, chairman of
Adnams, said: "Andy has been a driving force in building Adnams
into the business it is today, leading with both principle and
professionalism. We will be forever grateful for the lasting impact
he has had on Adnams and wish him well for the future.
"Jenny is the ideal candidate to lead
us through the next chapter of Adnams' evolution, both in
stabilising our financial footing but also capitalising on Adnams'
unique strengths."
ENDS 28th March
2024