Science in Sport appoints Paul Richardson to its Board as Non-Executive Director

– UK, London –  Science in Sport plc (LON: SIS), the premium performance nutrition company serving elite athletes, sports enthusiasts, and the active lifestyle community, today announced the appointment of Paul Richardson to its Board as a Non-Executive Director and representative of Otus Capital Management, with immediate effect.

“On behalf of the Board I would like to thank Tim for his invaluable contribution and professional work in the creation of the rapidly growing Science in Sport business, including consistently applying his deep global marketing expertise to the establishment of the company’s two leading Sports Nutrition brands. The Board welcomes Paul and the experience he will bring,” said Board Chairman, John Clarke.

The company also announced the resignation of Tim Wright from the Board, with immediate effect.

About Paul Richardson

Paul Richardson is a Solicitor by qualification and after a period in private practice moved in-house as Head of Legal and Business Affairs before moving into senior management roles which have included Chief Executive and Chairman of private and listed companies, the most recent of which was Chairman at AIM company Frenkel Topping Group Plc. Paul has also enjoyed a parallel pro bono Charity career for over 20 years and was Chairman of The Steve Redgrave Trust, a Trustee at WellChild, and is currently Chairman of Special Olympics Great Britain.

About Science in Sport plc

Headquartered in London, Science in Sport plc is a leading sports nutrition business that develops, manufactures, and markets innovative nutrition products for professional athletes, sports and fitness enthusiasts, and the active lifestyle community. The Company has two highly regarded brands, PhD Nutrition, a premium active-nutrition brand targeting the active lifestyle community, and SiS, a leading endurance nutrition brand among elite athletes and professional sports teams.

The two brands sell through the Company’s phd.com and scienceinsport.com digital platforms, third-party online sites, including Amazon and Tmall, and extensive retail distribution in the UK and internationally, including major supermarkets, high street chains, and specialist sports retailers. This omnichannel footprint enables the Company to address the full breadth of the sports nutrition market, forecast to be £13 billion1 worldwide by 2023.

PhD is one of the UK’s leading active nutrition brands with a reputation for high quality and product innovation. The brand has grown rapidly since its launch in 2005. The range now comprises powders, bars, and supplements, including the high protein, low sugar range, PhD Smart. PhD brand ambassadors include leading fitness influencers, Ross Edgley and Obi Vincent.

SiS, founded in 1992, has a core range comprising gels, powders, and bars focused on energy, hydration, and recovery. SiS is an official sports nutrition supplier to over 330 professional teams, organizations, and national teams worldwide, including INEOS Grenadiers Cycling Team. SiS supplies more than 150 professional football clubs in the UK, Europe, and the USA. SiS is Performance Research Partner to the English Football Association and Official Vitamins and Supplements Partner to the Milwaukee Bucks, 2021 National Basketball Association Champions.

Source: https://www.scienceinsport.com/

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