Ultimate Products announces board member resignation

Published 25/04/2025, 07:10
Ultimate Products announces board member resignation

LONDON - Ultimate Products plc, the UK-based owner of prominent homeware brands such as Salter and Beldray, has announced the upcoming departure of Alan Rigby, a Non-Executive Director. Rigby will step down from his position effective April 30, 2025, concluding an eight-year tenure with the company since its initial public offering on the London Stock Exchange (LON:LSEG) in March 2017.

During his time at Ultimate Products, Rigby has been a key figure in the company’s governance, having served on various Board committees. He notably chaired the Remuneration Committee from the company’s IPO until April 2023 and held the position of Senior Independent (LON:IOG) Director until October 2024. His contributions to the Audit & Risk and Nomination Committees have also been highlighted as part of his instrumental role in the company’s operations.

Christine Adshead, Chair of Ultimate Products, expressed gratitude for Rigby’s dedication and the wisdom he brought to the company. She acknowledged his significant impact as both Senior Independent Director and Non-Executive Director, particularly noting his leadership in the Remuneration Committee.

Rigby reflected positively on his experience with the company, praising its evolution into a leading brand owner with a robust presence in the UK and growing influence in the European market. He expressed confidence in the future of Ultimate Products and the capabilities of the current Board.

Ultimate Products has not yet announced a successor for Rigby’s position on the Board. The information regarding Rigby’s departure is based on a press release statement from Ultimate Products plc.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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