BusinessPeople In BusinessFD quits Tate & Lyle

FD quits Tate & Lyle

John Nicholas has stepped down from the company by mutual agreement and will be replaced by former group financial controller

John Nicholas, the finance director of sugar manufacturer Tate & Lyle, is
to step down from the company.

Nicholas, who joined the company in 2006, will be replaced by director of
investor relations Tim Lodge, who will assume the role of acting FD.

A statement from Tate & Lyle said: ‘John Nicholas, group FD, will by
mutual agreement step down from the board and leave the company on 30 September
2008 following a short handover period.’

The departure is thought to be amicable and Nicholas will step down next
week.

Sir David Lees, chairman of Tate & Lyle, said: ‘The board would like to
thank John for all he has done for Tate & Lyle and wish him every success in
the future.’

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