John Easton will take up a new role as executive chairman of Scotts Holdco to focus on business strategy and potential mergers & acquisitions, as well as steering crucial environmental and sustainability initiatives.
Easton led the buyout of R&W Scott from Real Good Food Group along with finance director Michael Hewitt at the end of 2018. The business sold for a total consideration of £3.95m.
New commercial director
The ingredients supplier also announced that Stephen Currie would step up from the role of commercial director to become Managing Director with immediate effect.
Easton recruited Currie back to the business in 2016 and over that period they grew turnover from £8.9m to £14.5m while taking a £1.8M loss making business back to three consecutive years of earnings before interest, tax, depreciation and amortisation profit.
Finally, Clare McNeil will now join the board as commercial director, following her stint as lead of the sales and development teams since joining the business in 2017.
R&W Scott history
R&W Scott has been producing jams and preserves for more than 130 years. It also makes chocolate flavoured coatings, sweet and savoury spreads and speciality soft icings for customers in sectors including retail, foodservice and wholesale customers worldwide. It has been a part of RGF since its inception.
In other appointment news, drinks company Diageo has announced that Nuno Teles, currently President of the Diageo Beer Company in North America, is to take over as managing director of Great Britain on 1 July 2022.
He will replace the current Diageo GB managing director, Dayalan Nayager, who has been appointed President, Diageo Africa and will join the Diageo Executive Committee.
Mranwhile, Nichols chairman John Nichols has announced plans to step down from the role ahead of the soft drinks firm’s annual general meeting, as the company reported growth in its interim results.