28 April 2021 | 13:46pm
StockMarketWire.com - Patricia Corsi, former chief marketing officer (Mexico) at Heineken, has joined the board of Tate & Lyle.
Corsi will join as a non-executive director from 1 May 2021.
She will also become a member of the company s remuneration and nomination committees.
Dr Gerry Murphy, chair of Tate & Lyle, said: I am delighted that Patricia has agreed to join the Board. She brings experience of our key growth markets in Latin America as well as marketing, digital and brand expertise all of which will be of significant benefit to the board.
Corsi is currently global chief marketing and digital officer at Bayer Consumer Health. She has also held senior marketing roles at Unilever, Kraft Foods and Tetra Pak International.
26 April 2021 | 07:10am
StockMarketWire.com - Ingredients supplier Tate & Lyle confirmed that it was mulling a potential separation of its food & beverage and primary products businesses.
The separation, it added, may be done vie a sale of a controlling stake in the primary products business to a new long-term financial partner.
Tate & Lyle said it was responding to media speculation about a possible split. Tate & Lyle continues to successfully execute its strategy and remains confident in the future growth prospects of the company, it said. However, the board believes that if a transaction of this nature was completed it would enable Tate & Lyle and the new business to focus their respective strategies and capital allocation priorities and create the opportunity for enhanced shareholder value.
10 February 2021 | 13:08pm
StockMarketWire.com - Global provider of food and beverage ingredients and solutions, Tate & Lyle, has completed the acquisition of an 85% shareholding in Chaodee Modified Starch Co.
The company is a well-established tapioca modified food starch manufacturer located in Thailand.
The signing of a conditional agreement for this acquisition was announced on October 28, 2020.
Story provided by StockMarketWire.com
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