REG - Card Factory PLC - Directorate Changes

Card FactoryAnnouncement

05/06/2024 07:00

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RNS Number : 1147R  Card Factory PLC  05 June 2024

5 June 2024

Card Factory plc

('cardfactory' or 'the Company')

Directorate Changes

cardfactory, the UK's leading specialist retailer of greeting cards, gifts,
wrap and bags, is delighted to announce the appointment of Pamela Powell (Pam)
as Senior Non-Executive Director with effect from 21 June 2024.

Pam will succeed Roger Whiteside who has advised the Company that he intends
to step down from the Board at the conclusion of the company's 2024 Annual
General Meeting, scheduled to be held on 20 June 2024 (AGM).

Pam will be appointed as a member of each of the Company's Remuneration
Committee, Audit & Risk Committee and Nomination Committee.

Pam is an internationally experienced blue chip consumer FMCG marketeer,
including senior global positions at Unilever from 1989 to 2001, and SAB
Miller, from 2002 to 2011 as Group Director, Strategy and Innovation.  Pam
has subsequently developed a non-executive portfolio in industries spanning
consumer brands, manufacturing, supply and distribution.

Pam Powell is currently Non-Executive Director of Origin Enterprises plc, the
international agronomy services group, where she is a member of the ESG
committee. Pam was previously Non-Executive Director of Cranswick plc,
vertically integrated UK producer and suppliers of premium pork and poultry
products; Premier Foods plc and A G Barr plc.  Pam was a member of Audit,
Remuneration and Nomination committees with each of these companies, chaired
the Remuneration Committees of Cranswick plc and Premier Foods plc and was a
member of the Cranswick plc ESG committee.

Pam is considered to meet the requirements to be classified as an independent
director under the UK Corporate Governance Code.

Resolution 6 in the notice of AGM, for Roger's re-election as a Director, will
be withdrawn and will not be put to the AGM (or any adjourned meeting).

Paul Moody, Chair, commented: "The Board would like to thank Roger for his
significant contribution over the past six years in supporting cardfactory's
strategic evolution and commercial growth. Roger has consistently brought
constructive challenge, fresh perspective and his significant retail and
leadership experience to the Board. His valuable expertise and wise counsel
around the board table will be missed.  We wish Roger all the very best in
the future.

We are absolutely delighted to welcome Pam to the Board of Card Factory plc.
Pam brings extensive non-executive and consumer facing executive experience,
invaluably within vertically integrated businesses, both nationally and
internationally."

Pam does not currently hold any Card Factory plc shares and there are no
further details required to be disclosed under LR 9.6.13 R of the UK Listing
Authority's Listing Rules.

 

 Enquiries:

 Card Factory
 plc
 via Teneo (below)

 Darcy Willson-Rymer, Chief Executive Officer

 Matthias Seeger, Chief Financial Officer

 Teneo
                                 +44 (0) 207
 353 4200

 James Macey White / Jo Blackshaw
                           cardfactory@teneo.com
 (mailto:cardfactory@teneo.com)

 

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