TIZER and Irn-Bru maker AG BARR has recruited senior finance professional David Ritchie as a non-executive director.
Ritchie is chief executive of Bovis Homes, and his career is finance-focused. He served at KPMG before joining Bovis as group financial controller. He was promoted to group FD in 2002 before being named chief executive in 2008.
John Nicolson, chairman of AG BARR, said: “I am delighted that David Ritchie will be joining our Board in April 2015. He brings with him a wealth of highly relevant experience and I look forward to his involvement.”
Ritchie said: “I am very pleased to be appointed as a non-executive director of AG BARR and look forward to working with the board.”
The group announced strong Q4 trading at the end of January, with 5% growth, and full-year revenues expected at £259m – year-on-year growth of 2%. “We are cautiously optimistic regarding the new financial year and at this point expect to see further growth and development across the company, despite the challenging operating environment and market conditions,” the group said in its update.
AG BARR purchased cocktail ingredients business Funkin Limited in February for up to £21m.