Meet Tate & Lyle's new chairman

Helen Cahill
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Murphy said joining Tate & Lyle "feels like coming home" (Source: Tate & Lyle)

Tate & Lyle has announced Gerry Murphy will become the company's chairman next year.

Murphy has worked for other food and drinks businesses including Grand Metropolitan (now Diageo) and Greencore, where he was chief executive for four years.

He will be taking over from Sir Peter Gershon on 1 April next year.

Tate & Lyle's share price was down 0.29 per cent after the announcement.

Read more: M&S chairman Robert Swannell is leaving

Murphy said: "Having started my career in the food industry, joining Tate & Lyle feels like coming home."

He has been appointed as a non-executive director and will join the business' corporate responsibility and nominations committees before taking on his new role as chairman.

Gershon said: "I am delighted to welcome Gerry to the board of Tate & Lyle and very much look forward to working closely with him during the the first quarter of calendar 2017 as we transition the chairmanship.

"Gerry's extensive experience in the food industry and as a chief executive, investor and independent director in leading international companies equips him well to guide Tate & Lyle in the years ahead."

Senior independent director Liz Airey, who was charged with finding Tate & Lyle's new chairman, will be stepping down from the company's board at the end of the year.

Gerry Murphy CV

  • Senior managing director and chairman of the European arm of Blackstone's Private Equity group, (since 2008) .
  • Chairman of Invest Europe (current)
  • Chief executive, Kingfisher (2003-08)
  • Chief executive, Carlton Communications (2000-03)
  • Chief executive, Exel (1995-2000)
  • Chief executive, Greencore (1991095)

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