47153 AG Barr Annual Report 2025 AW4 SQ WEB - Flipbook - Page 68
A.G. BARR p.l.c. Annual Report and Accounts 2025
CO R P O R ATE G OV E R N A N C E R E P O R T
C H A I R ’ S I N T R O D U C TI O N
I am pleased to present our
Corporate Governance Report for
the year ended 25 January 2025.
Mark Allen OBE
Chair
Dear shareholder,
On behalf of the Board, I am pleased to present
the Corporate Governance Report for the year
ended 25 January 2025. This report outlines our
approach to governance and details how the
principles of the 2024 UK Corporate Governance
Code have been applied during the year. It also
provides insight into the operation of the Board
and its committees, our engagement with
stakeholders, and an overview of the Company’s
system of internal controls.
Reflecting on the past year, we are proud of the
significant developments in the leadership and
composition of our Board, which have set the
stage for continued growth and long-term
success for the Company.
66
Louise’s deep expertise in human resources and
leadership will play a pivotal role in driving the
Company’s people strategy and supporting our
governance framework to ensure long-term,
sustainable success.
These leadership transitions, along with the
continued strength and diversity of the Board,
reflect our ongoing commitment to building a
robust governance structure that supports our
strategic objectives. We are confident that the
Board’s collective experience, combined with
the fresh perspectives brought by Euan and
Louise, will enable the Company to continue to
create value for our shareholders, employees,
and other stakeholders, ensuring the Company
remains well-positioned for future success.
A key milestone during the year was the
appointment of Euan Sutherland as our new
Chief Executive Officer, effective 1 May 2024.
Euan succeeds Roger White, who retired as
Chief Executive Officer and stepped down from
the Board on 30 April 2024, after leading the
Company with distinction during his tenure. With
Euan’s extensive experience in leading major
consumer-facing businesses, Euan brings a
fresh perspective that will guide the Company in
navigating an increasingly competitive market,
while driving our strategic goals forward.
There were no other changes to the Board during
this period, ensuring stability and continuity in
our leadership.
Further strengthening our leadership, Louise
Smalley succeeded David Ritchie as Chair of
the Remuneration Committee on 31 May 2024.
Mark Allen OBE
Chair
25 March 2025
Further details of the Board’s composition are
provided on pages 64 to 65.
