Tate & Lyle (TATE)

Sector:

Food

Index:

FTSE 250

675.50p
   
  • Change Today:
    -5.00p
  • 52 Week High: 815.50
  • 52 Week Low: 591.00
  • Currency: UK Pounds
  • Shares Issued: 401.70m
  • Volume: 72,250
  • Market Cap: £2,713.51m
  • RiskGrade: 93

Tate & Lyle appoints new chair after four-month search

By Benjamin Chiou

Date: Wednesday 08 Nov 2023

LONDON (ShareCast) - (Sharecast News) - Food and beverage ingredients and solutions group Tate & Lyle has announced it is appointing industry veteran David Hearn as its new chair after a four-month search.
Tate's former chair Gerry Murphy announced in July that he would step down after more than six years to become the new chair of Tesco, officially leaving the company in September.

Hearn, who is currently the chair of UK-listed Safestore Holdings and New Zealand-based The a2 Milk Company, has held senior roles in a number of food and beverage companies including Del Monte, PepsiCo and United Biscuits. He is due to step down from The a2 Milk Company in November.

He also served as chief executive of Goodman Fielder, a listed Australian food business, between 1995 and 2001.

"The board is delighted that David Hearn will be joining Tate & Lyle as Chair in January," said interim chair Warren Tucker. "David's breadth of experience, skills and knowledge, particularly of the food industry, will complement and further strengthen Tate & Lyle's board."

Commenting on the appointment, Hearn said: "I am delighted to take on the role of Chair of Tate & Lyle at what is an exciting time for the business. Tate & Lyle is a business with a deep sense of purpose, in a strong financial position, which puts its customers at the heart of everything it does."

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tate & Lyle Market Data

Currency UK Pounds
Share Price 675.50p
Change Today -5.00p
% Change -0.73 %
52 Week High 815.50
52 Week Low 591.00
Volume 72,250
Shares Issued 401.70m
Market Cap £2,713.51m
RiskGrade 93

Tate & Lyle Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
52.11% below the market average52.11% below the market average52.11% below the market average52.11% below the market average52.11% below the market average
46.15% below the sector average46.15% below the sector average46.15% below the sector average46.15% below the sector average46.15% below the sector average
Price Trend
16.53% below the market average16.53% below the market average16.53% below the market average16.53% below the market average16.53% below the market average
14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average14.29% below the sector average
Income Not Available
Growth
70.76% above the market average70.76% above the market average70.76% above the market average70.76% above the market average70.76% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average

What The Brokers Say

Strong Buy 5
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 10
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Tate & Lyle Dividends

  Latest Previous
  Interim Final
Ex-Div 23-Nov-23 22-Jun-23
Paid 05-Jan-24 02-Aug-23
Amount 6.20p 13.10p

Trades for 14-May-2024

Time Volume / Share Price
12:50 191 @ 675.50p
12:50 6 @ 675.50p
12:50 34 @ 675.00p
12:50 1,822 @ 675.00p
12:50 24 @ 675.00p

Tate & Lyle Key Personnel

CEO Nick Hampton
CFO Dawn Allen
Chair David Hearn

Top of Page