Business
CFO Succession
CFO Succession.
About this update from Ultimate Products Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 0003H\n UP Global Sourcing Holdings PLC\n 04 April 2022\n \n \n \n \n 4 April 2022\n \n \n UP Global Sourcing Holdings plc\n \n \n \"Ultimate Products\" or the \"Group\"\n \n \n CFO SUCCESSION\n \n \n Ultimate Products, the owner of a number of leading homeware brands including Salter (the UK's oldest houseware brand, est.1760) and Beldray (est.1872), is pleased to confirm that, further to the announcement of 7 December 2021, Chris Dent has now joined the Group as CFO-designate and as a member of the Board of Directors with immediate effect.\n \n \n It is expected that Chris will formally take up the position of Chief Financial Officer on 1 August 2022 when Graham Screawn, the Group's current Chief Financial Officer, will step down from the Board of Directors and relinquish his current role. Graham, who has spent 12 years with the Group, will remain at Ultimate Products on a part-time basis until November 2022, allowing for an orderly handover in the interim, following which he will retire.\n \n \n Chris joins Ultimate Products from Franchise Brands plc, the AIM-listed multi-brand franchise business, where he had been Chief Financial Officer since July 2017. \n \n \n \n \n \n For more information, please contact:\n \n \n Ultimate Products +44 (0) 161 627 1400\n \n \n Simon Showman, CEO\n \n \n Andrew Gossage, Managing Director\n \n \n Graham Screawn, Finance Director\n \n \n \n \n \n Shore Capital +44 (0) 20 7408 4090\n \n \n Mark Percy\n \n \n Malachy McEntyre\n \n \n James O'Neill\n \n \n \n \n \n Powerscourt +44 (0) 207 250 1446\n \n \n Rob Greening\n \n \n Sam Austrums \n \n \n \n [email protected]\n \n \n \n \n \n \n About Ultimate Products\n \n \n Ultimate Products is the owner of a number of leading homeware brands including Salter (the UK's oldest houseware brand, established in 1760) and Beldray (a laundry, floor care, heating and cooling brand that was established in 1872). According to its market research, nearly 80% of UK households own at least one of the Group's products.\n \n \n Ultimate Products sells to over 300 retailers across 38 countries, and specialises in five product categories: Small Domestic Appliances; Housewares; Laundry; Audio; and Heating and Cooling. Other brands include Progress (cookware and bakeware), Kleeneze (laundry a...