Change in a Director’s Responsibilities
In accordance with Listing Rule 9.6.11(3) Tate Lyle announces that, with immediate effect, D. Lynn Grider, President, Food Industrial Ingredients, Americas is promoted to the Tate Lyle Group Management Committee and, as a consequence, will now report directly into the Chief Executive. Mr Grider will have the title ‘President, Americas’ and will now be considered a Person Discharging Management Responsibility for the purposes of the Listing Rules. Executive Director Stanley Musesengwa is appointed ‘Chief Executive, International’ with responsibility for all Tate Lyle’s other operations worldwide comprising the Sucralose, Food Industrial Ingredients, Europe and Sugars divisions. He will continue to report to the Chief Executive.
Robert Gibber Company Secretary Tate Lyle PLC
Tate Lyle operates through two global business units, Speciality Food Ingredients and Bulk Ingredients, supported by Innovation and Commercial Development. The Group's strategy is to become the leading global provider of Speciality Food Ingredients through a disciplined focus on growth, and by driving the Bulk Ingredients business for sustained cash generation to fuel this growth.
Speciality Food Ingredients include starch-based speciality ingredients (corn-based speciality starches, sweeteners and fibres), no calorie sweeteners (including SPLENDA® Sucralose) and Food Systems which provides blended ingredient solutions. Bulk Ingredients include corn-based bulk sweeteners, industrial starches and fermentation products (primarily acidulants). The co-products from both divisions are primarily sold as animal feed.
Tate Lyle is listed on the London Stock Exchange under the symbol TATE.L. American Depositary Receipts trade under TATYY. In the year to 31 March 2012, Tate Lyle sales totalled £3.1 billion. http://www.tateandlyle.com. SPLENDA® is a trademark of McNeil Nutritionals, LLC
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