LONDON — Nick Hampton has been selected as the next chief executive officer of Tate & Lyle P.L.C., effective April 1. He will succeed Javed Ahmed, who has been c.e.o. of the company since October 2009.
Mr. Hampton joined Tate & Lyle as chief financial officer in September 2014. Earlier, he was president of West Europe and senior vice-president of commercial Europe at PepsiCo, Inc. Prior to that, during a 20-year career at PepsiCo, he held a number of senior finance and operational roles.
“Nick has been an outstanding chief financial officer with a strong track record of driving performance, building teams and capabilities, and focusing on key customers and markets,” said Gerard M. Murphy, chairman of Tate & Lyle. “We are confident he has the experience, energy and vision to lead Tate & Lyle through the next phase of its development. My fellow board members and I look forward to working with Nick and our top team in the exciting years ahead.
“On behalf of the board, I would like to thank Javed Ahmed for his exceptional leadership of Tate & Lyle over the last eight years. During his tenure, Tate & Lyle has been through a very significant strategic, operational and organizational transformation from a largely commodity business into the high quality global food ingredients business it is today. Javed has led the company with great skill, energy and commitment, and he leaves it in a very strong position.”
Mr. Hampton called it a delight and honor to be named to the c.e.o. post at Tate & Lyle.“Tate & Lyle has a strong portfolio of ingredients, outstanding people and deep technical expertise,” Mr. Hampton said. “As global demand for healthier and tastier food continues to grow, this business has the opportunity to deliver meaningful benefits for our customers, employees, shareholders and society at large, in the years ahead. I look forward to working with Gerry, the board, the management team and all our employees to drive Tate & Lyle’s business forward.”