Richard Greenhalgh, chairman of First Milk, has today notified the Board that he is planning to retire from the chairmanship at the next AGM (29 October 2009).
Richard Greenhalgh said: "By the AGM, I will have been in role for five years. I believe that the timing is now right for First Milk to appoint a new chairman to allow me to devote more time to my other interests. I remain firmly convinced of the benefits of the farmer owned business model and will maintain a keen interest in the progress of First Milk."
Peter Humphreys, Group chief executive, said: "On behalf of the business, I thank Richard for his efforts at First Milk over the last five years. I look forward to working with him to ensure a smooth transition to his successor, and wish Richard well for the future."
Notes to editors:
Richard Greenhalgh is chairman of CARE International UK, one of the world's top three aid agencies. He is the senior independent director at Rank group plc and chairman of the Council for Industry & Higher Education.
For further information, please contact:
Paul Flanagan, Group communications director
T: 0141 8476789
M: 07767 241452
8 September 2009