Gusbourne Plc, (AIM: GUS) the English sparkling wine producer today announces that Jonathan White, has today been appointed as Chief Executive Officer, following a rigorous internal and external search process.
Gusbourne is delighted to have promoted internally, with Jonathan having worked at Gusbourne since 2018. Jonathan is currently Marketing Director and during his tenure with the business he has been instrumental in the careful development and global expansion of the Gusbourne brand and establishment of a market-leading cellar door and direct to consumer sales channel. Prior to Gusbourne, Jonathan gained wine industry experience at independent wine distributor Armit Wines and at world-renowned wine and spirits merchant Berry Bros. & Rudd.
In addition, the Company has reorganised responsibilities across the leadership team. Simon Bradbury will be appointed as Chief Commercial Officer, previously being Global Sales Director. Simon will be responsible for direct to consumer, alongside his existing responsibility for Trade, Corporate and International Sales. Katharine Berry, Group Chief Financial Officer, will take on responsibility for vineyard and wine operations alongside her existing remit covering Finance, HR and IT.
It is intended that both Jonathan and Simon will join the board as executive directors following satisfactory completion of regulatory due diligence by the Company's Nominated Adviser at which stage a further announcement will be made. Mike Paul, who has been Interim Chief Executive Officer for the last five months will resume his role as non-executive director.
Jim Ormonde, Chairman, said:
“The Board are delighted to appoint Jonathan as CEO. In the five and a half years he has worked at Gusbourne, he has shown real passion and commitment to building the Gusbourne brand into one of the UK’s most prestigious wine brands. He brings an in-depth knowledge and understanding of the business along with great leadership qualities and significant wine industry experience.
The Board would like to thank Mike Paul for his wise counsel as Interim CEO and supporting the ongoing strategic progress of the Company.”
For further information contact:
Jonathan White, CEO
Katharine Berry, CFO
Phil Clark, Investor Relations
+44 (0)12 3375 8666
Panmure Gordon (UK) Limited (Nomad and Sole Broker)
James Sinclair-Ford / Ailsa Macmaster / Lauren Riley
Hugh Rich / Rauf Munir
+44 (0)20 7886 2500
Kate Hoare / Ben Robinson / India Spencer
+44 (0)20 4529 0549
This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain.