Tate & Lyle has announced the appointment of Vivid Sehgal as the company’s new chief financial officer (CFO), effective 1 May 2021.
Sehgal succeeds Imran Nawaz, who has served as CFO since 2018 when he took over the role from Nick Hampton, who had been appointed as Tate & Lyle CEO. Nawaz will be leaving the company to take up the position of Tesco CFO.
At the beginning of March, Sehgal will join Tate & Lyle as CFO designate and be appointed to the board of directors. Over the following two months, he will work with Nawaz to ensure a smooth transition.
Previously, Sehgal served as CFO of Delphi Technologies from 2017 to 2020 and prior to that, he was CFO of LivaNova, a medical technology company.
Sehgal has also held senior management positions with Allergan, Gillette and GlaxoSmithKline, working across the US, Europe and the Middle East.
“I am delighted to welcome Vivid to Tate & Lyle and the executive team,” said Tate & Lyle chief executive, Nick Hampton.
“He brings with him a proven track record of financial leadership as well as extensive commercial and transactional experience. I very much look forward to working with him as we continue to progress Tate & Lyle’s growth agenda.”
Tate & Lyle chairman, Gerry Murphy, added: “Vivid’s broad financial, business and international experience will be of great value to Tate & Lyle and he is a very welcome addition to our board.”
by Antonia Garrett Peel
This month, the second S3FOOD voucher call selected 14 innovative SME-driven projects all across Europe. These projects will receive funding to develop and adopt innovative digital solutions.
The Global Taste Trends report maps out the key taste linked to trends across the US and Canada, Mexico, Latin America, Europe and the Asia Pacific Middle East and Africa highlighting how they vary and travel across these regions.
The acquisition significantly broadens Cargill’s offerings in the decorations space, enabling the company’s cocoa and chocolate business to better serve gourmet customers in Europe and worldwide.