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LONDON - A.G. Barr, the UK beverage company behind brands like IRN-BRU and Rubicon, announced Thursday it has completed a consultation with shareholders who voted against Resolution 4 at its May 23 Annual General Meeting.
While the resolution received 79.5% support, the company engaged with the dissenting minority, who expressed concerns about board composition, particularly regarding diversity.
In response to these concerns, A.G. Barr highlighted its recent appointment of Dr. Rohit Dhawan as an Independent Non-Executive Director, announced on July 29. According to the company, Dhawan brings expertise in data, artificial intelligence, and digital innovation to the board.
The company stated that board composition and the potential addition of another Independent Non-Executive Director had been under consideration throughout 2024, with a formal recruitment process initiated in early 2025 that led to Dhawan’s appointment.
In its statement, A.G. Barr emphasized its commitment to board diversity and maintaining a rigorous appointment process focused on selecting candidates who can support the company’s long-term success.
The company indicated it would continue consulting with shareholders regarding its nomination practices. The announcement was made in accordance with Provision 4 of the UK Corporate Governance Code, which requires companies to explain actions taken when a significant proportion of votes are cast against a board recommendation.
This information was released in a company press release statement.
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