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PZ Cussons plc (LSE:PZC) has announced that John Nicolson, Non-Executive Director and Senior Independent Director, will retire and will not seek re-election at the Company’s Annual General Meeting (AGM) on 21 November 2024. Nicolson, who has served as a Non-Executive Director since May 2016, was set to complete his nine-year term in April 2025.
Vivek Ahuja to Take Over as Senior Independent Director
Following Nicolson's retirement, Vivek Ahuja will be appointed as the new Senior Independent Director. Ahuja's appointment is expected to ensure continuity and stability in the Board's leadership.
Tribute to John Nicolson
David Tyler, Chair of the Board, expressed gratitude for Nicolson’s contributions:
"On behalf of the Board, I would like to express my gratitude to John. He has been a Director for eight and a half years and our Senior Independent Director for nearly all of that time. His wisdom and courtesy have made their mark to great effect around the Board table over the years and the Company has benefited from his long experience at international and fast-moving consumer goods companies. We wish John all the best for the future."
