Carlisle-based agriculture and engineering firm Carr’s Group announced the appointment of Tim Jones as non-executive chair designate with effect from February 1, 2023.
Subject to election by shareholders, Jones will become non-executive chair following conclusion of the company’s AGM, which is expected to take place in February 2023.
Peter Page would then relinquish the role of executive chair he has held since October 2021 and take up the role of chief executive officer.
“Since 2012, Tim has served as non-executive chair of Treatt plc, the LSE-listed manufacturer of natural extracts and ingredients, where he developed a board and leadership team which has overseen substantial long-term growth in shareholder value,” said Carr’s.
“He is due to stand down at the company’s AGM in January 2023.
“Tim is also chair of Allia Charitable Group, a social impact financier and catalyst, which he initially joined as Chief Executive Officer in 2002.
“In 2022, Tim was appointed Chair of SP-Logistics Holdings Limited, a multi-national clinical-trials logistics organisation trading as the Oximio Group.
“Tim is an FCA-approved Person and a member of the Chartered Institute of Securities and Investment. He is also an Associate of the Chartered Insurance Institute.
“Tim’s appointment follows an external search process led by the Senior Independent Director, John Worby. Tim has been assessed as independent by the Board. Upon becoming Non-Executive Chair, Tim will serve as Nomination Committee Chair and as a member of the Remuneration Committee.”
Jones said: “I am delighted to be joining Carr’s at this immensely exciting point in the company’s development.
“Both the Speciality Agriculture and Engineering divisions are industry-leading businesses, and I very much look forward to helping guide the Company, supporting long-term value creation for its shareholders and wider stakeholders.”
Page said: “I am very pleased that Tim is joining the board of Carr’s as Non-Executive Chair as we start a new phase in the Company’s development, focusing on the substantial growth opportunities in Speciality Agriculture and Engineering.”