Sainsbury’s today announces the appointment of John McAdam (57) to its Board. Dr McAdam will become the company’s senior independent director and will join Sainsbury’s on 1 September. He is currently chief executive of ICI and was previously with Unilever.
Philip Hampton, chairman of Sainsbury’s said, “In December 2004 we announced the appointment of Bob Stack and Gary Hughes as non-executive directors. Darren Shapland will shortly join as chief financial officer. Today’s announcement is another important step in rebuilding our Board and I’m delighted to welcome John to Sainsbury’s. He is highly regarded for his pragmatic approach to operational and strategic issues and has led the revitalisation of ICI over the past two years.
“Justin King has significantly strengthened the operating board during the past year and I believe Sainsbury’s now has a very strong executive and non-executive team.”
Notes:
John McAdam: chief executive of ICI since April 2003. He joined the Company in 1997 following the acquisition of the Speciality Chemicals businesses from Unilever and was appointed a director in 1999. He joined Unilever in 1974 as a management trainee and held a variety of managerial positions within Birds Eye Foods before joining the Board of Unilever’s flavours and fragrance business. In 1987, he joined the Board of Quest International as Senior Vice President in charge of Manufacturing, Logistics and Procurement. He returned to Birds Eye Walls to assume Board responsibility for Manufacturing, Research and Development. In 1993 he was appointed Chairman of Unichema International and, following ICI’s acquisition of the Unilever Speciality Chemical businesses in 1997, became Chairman and Chief Executive Officer of Quest and a member of the ICI Executive Management Team. In January 1998 he was appointed Chairman and Chief Executive of ICI Paints. In 1999 he was elected to the Board of ICI with responsibility for Research, Development and Technology and ICI’s activities in Asia.
John McAdam is a member of the University of Cambridge Chemistry Advisory Board, and the University of Surrey Business Advisory Board.
The Board of J Sainsbury plc is chaired by Philip Hampton. Justin King, chief executive, is an executive director and Darren Shapland will be chief financial officer and an executive direcor when he joins the company on 1 August. Non-executive directors are June de Moller, Jamie Dundas, Bridget Macaskill, Bob Stack and Gary Hughes.
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