Menzies appoints Christian Kappelhoff-Wulff to its Board as Non-Executive Director

– UK, Edinburgh –  John Menzies Plc (LON: MNZS), the global aviation services business, today announced the appointment of Christian Kappelhoff-Wulff to the Board as a Non-Executive Director with immediate effect.

Dermot Smurfit, Chairman John Menzies plc, said: “I am pleased to welcome Christian to the Board and look forward to his advice and guidance as we look to seize the opportunities that exist within our markets. We continue to progress our plans to grow our business and remain focused on margin progression while delivering excellent customer service.”

The company also announced the formation of two new Board Committees: a Strategic Committee and Performance Management Committee.

The Strategic Committee will be tasked with keeping under review the delivery of the Group’s strategy and structure and will evaluate all future key strategic decisions, including significant capital investments and any potential future M&A activity.

The committee members will be Christian Kappelhoff-Wulff, Dermot Smurfit, Giles Wilson, and Philipp Joeinig.

The Performance Management Committee will perform regular reviews of the Group’s operations ensuring the attainment of key operational and commercial metrics that drive the business. The overall objective is to ensure we continually strive to achieve best-in-class margins through our efficient and productive operations while delivering excellent customer service which together will drive organic growth.

The committee members will be Philipp Joeinig, Giles Wilson, John Geddes, and Mervyn Walker.

About Christian Kappelhoff-Wulff

Christian is the founder and Chief Executive Officer of Lakestreet Capital Partners AG, an investment firm based in Zug, Switzerland. Prior to founding Lakestreet Capital Partners AG, Christian was a Director of Goldsmith Capital Partners AG working directly for its founder Clemens J. Vedder for four years. Christian brings strong capital allocation and strategic skills to the Board.

About John Menzies Plc

Menzies is a pure play aviation services business operating in a structural growth market which offers great expansion opportunities for the Group. To ensure that these opportunities are pursued and maximised the Board has constituted two new committees, namely;

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