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Food manufacturer Real Good Food has announced the appointment of Paul Richardson to the role of executive director of the company with immediate effect.
Richardson spent six years at Coutts & Co, ultimately as head of London private banking and is currently non-executive chairman at Frenkel Topping Group, having started there in 2017 as executive chairman.
The managing directors of Real Good Food's Brighter Foods and Renshaw businesses will continue to implement the strategy of their respective independent divisions, agreed by and reporting to the board of the company as a whole.
In his role, Richardson will primarily focus on all Plc related matters such as corporate governance and investor relations together with providing support to the board and the divisional managing directors as the two businesses implement their respective growth strategies.
As a result of the appointment, Mike Holt returns to being a non-executive chairman at Real Good Food.
Holt said: 'We are delighted that Paul has agreed to join the board of Real Good Food. Paul's skills and experience will further strengthen the management and supervision within the group and should demonstrate the current board's commitment to stronger corporate governance and value accretion for all of our shareholders.'
The company confirmed the search to appoint an additional independent non-executive director to further strengthen the board is at an advanced stage. A further announcement will be made in due course.
At 9:36am: (LON:RGD) Real Good Food Company The PLC share price was 0p at 6.63p