SIG plc has announced the appointment of Steve Francis as chief executive officer (CEO).
The permanent appointment results from a search process that started in December 2019 and follows the announcement on February 25, 2020, that Steve would be CEO on an initial contract until December 31, 2020. This search process, led by the chairman, assessed external and internal candidates and concluded that Steve was the outstanding candidate for the role.
Andrew Allner, chairman of SIG plc, said: “The board is pleased to announce that Steve Francis has been appointed permanent CEO. Steve has demonstrated strong leadership in the most testing circumstances since his original appointment. His ability to navigate the effects of the COVID-19 environment, at the same time as getting the leadership team focused on the strategic priorities to ensure the future success of SIG, has been exceptional.”
Before joining SIG plc in 2019, Steve was CEO at Patisserie Holdings plc. His career has included several other senior roles as CEO and CFO in the food production industry where he has established a reputation for implementing rapid operational performance improvements and turnarounds of multi-site, international businesses.
Commenting on his role, Steve said: “I am delighted to have been appointed to lead SIG. We are using the current period to develop a revised strategy and organisational model, and I look forward to sharing the details of this revised strategy with the announcement of our results for the year ended December 31, 2019.”
