Wynnstay Group announces Steve Ellwood as next Chairman of the Board of Directors

– UK, Llansantffraid –  Wynnstay Group PLC (LON: WYN), the agricultural supplies group, today announced the appointment of Non-executive Director, Steve Ellwood as Chairman of the Board of Directors effective on 23 March, succeeding Jim McCarthy who will be stepping down from his position at the AGM on Tuesday, 23 March 2021.

To ensure a smooth transition, Jim will remain on the Board as a Non-executive Director until 31 July 2021 when he will retire.

“I am delighted to handover to Steve. He is highly experienced, with significant knowledge of the sector as well as of Wynnstay. I have no doubt that he will help to drive the successful execution of the Board’s strategy, and wish him and all my colleagues every success. After 10 years on the Wynnstay Board, I step down, confident about the Group’s growth prospects. The business has a strong management team, clear growth strategy, and robust balance sheet.” said outgoing Board Chairman, Jim McCarthy.

About Steve Ellwood

Steve Ellwood joined Wynnstay’s Board as Non-executive Director in January 2016. He has significant experience in the UK agricultural sector, having previously been Head of Agriculture at HSBC for 10 years, and Head of Food and Agriculture at Smith & Williamson. Steve Ellwood also holds non-executive directorship positions at NIAB Group, the crop science and research organization; AH Worth, the fresh produce group, where he is Chairman; and Velcourt, the international farm management group.

Steve Ellwood, Chairman-elect commented: “On behalf of the Board, I would like to thank Jim for his significant contribution to the Board and to Wynnstay over the past 10 years. His commitment to the Group has been outstanding.

“I am excited about the Group’s prospects. Wynnstay is very well-positioned, both operationally and financially, as the agricultural sector embarks on a transition set by Brexit and the UK Agriculture Bill. We believe that there is a clear opportunity for Wynnstay to assist UK farmers to feed the nation in a more sustainable, environmentally-friendly, and profitable way.”

For more information: https://www.wynnstay.co.uk/

- DisclaimerNews, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.