Sugar giant Tate & Lyle has appointed Imran Nawaz from Mondelez International as its new CFO following a management shake-up.
Nawaz will succeed Nick Hampton in the role, after the former PepsiCo executive was promoted to CEO on 1 April.
Nawaz will join the £2.8bn turnover food ingredients business and sit on the company’s board from 1 August.
The new CFO had been senior VP finance Europe at Mondelez International since 2014.
Prior to that, he held a number of senior financial roles across Europe, the Middle East and Africa during a 16-year career at Mondelez and Kraft Foods.
Hampton said: “I am delighted to welcome Imran to Tate & Lyle and the executive team.
“He brings with him deep experience of the global food industry, and a proven track record of financial leadership.”
Hampton succeeded Javad Ahmed as CEO. Ahmed decided to retire, having led the business since October 2009.
Gerry Murphy, chairman of Tate & Lyle, said: “Imran’s broad financial, business and international experience will be of great value to Tate & Lyle, and he is a very welcome addition.”
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