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Nichols CEO Brendan Hynes To Step Down; Names Marnie Millard CEO

Nichols Plc. (NICL.L) announced that Brendan Hynes, Chief Executive Officer, has informed the Board of his intention to step down in order to pursue a non-executive portfolio career. He will continue in his role full time until the AGM on 1 May 2013 and will be available to help and support the business with the handover until the end of 2013.

Marnie Millard will be appointed Chief Executive Officer with effect from 1 May 2013. Marnie is currently Managing Director of the company's Vimto Soft Drinks UK business and has more than 17 years experience in the soft drinks industry. Previously, she has held senior roles at Gerber Juice Company Ltd, Refresco Ltd and Macaw Soft Drinks Ltd.

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