Nichols plc, a diversified soft drinks group, has announced changes to its Board. Richard Newman will join the Board as a Director on January 29, 2024, before becoming Chief Financial Officer (CFO) and Company Secretary in March 2024. David Taylor, the current Interim CFO and Company Secretary, will step down from the Board at the same time. Richard Newman brings extensive UK public company financial experience, having held senior roles at Cadbury plc, National Express Group plc, and DS Smith plc. He is a member of the Institute of Chartered Accountants in England and Wales.

James Nichols, who has been with Nichols for 18 years in executive and non-executive positions, will leave the Board and the business on October 24, 2023. It is expected that a new representative of the Nichols family will be appointed as a Non-Executive Director in accordance with the Relationship Agreement between Nichols plc and the Nichols family.

Liz McMeikan, Non-Executive Chair, expressed gratitude to James Nichols for his significant contribution and wished him well for the future. McMeikan also expressed delight at Richard Newman joining the business and the Board, stating that his experience will contribute to the Group's continued development and growth.

Nichols plc is an international diversified soft drinks business with sales in over 73 countries. The company's portfolio includes the Vimto brand, SLUSH PUPPiE, Starslush, ICEE, Levi Roots, and Sunkist.