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Associated British Foods Appoints New Non-Exec Director

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Associated British Foods, the home of Twinings Tea and the Primark fashion chain, has announced that Michael McLintock has been appointed as a non-executive director of the company, effective 1 November 2017.

McLintock is currently a trustee of the Grosvenor Estate and a non-executive director of Grosvenor Group. He was CEO of investment company M&G from 1997 until his retirement in 2016. Following Prudential’s acquisition of M&G, he also served as director of Prudential from 2000 until 2016.

The company has said that McLintock will also become a member of its audit and remuneration committees on appointment.

In July, Associated British Foods posted a 10% revenue increase in its third quarter, with the Primark business remaining the primary breadwinner for the group.

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Sarah Harford. Click subscribe to sign up to ESM: The European Supermarket Magazine.

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