Accrol Group Holdings Plc – Appointment of Chief Executive and Trading Update

Gareth joins the Company having spent 24 years at DS Smith plc, one of Europe's leading packaging companies manufacturing corrugated solutions for the retail, FMCG and industrial markets.  He spent the last four years as Managing Director of the UK & Ireland packaging division and has extensive strategy, commercial, M&A and operational experience, gained in both the UK and in Europe.

Gareth will replace Steve Crossley, who is leaving the Company and stepping down from the Board with immediate effect to pursue other interests.

The Board confirms that the Company continues to trade in line with market expectations in terms of revenue, with profitability being broadly in line with market expectations.

Peter Cheung, Chairman of Accrol, commented: “We are very pleased to be joined by someone of Gareth's calibre, and we look forward to benefiting from his wealth of experience built during a 24 year career at DS Smith plc. I would like to thank Steve for the contribution that he has made to Accrol, in particular his contribution to a successful IPO, and we wish him well for the future.”

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