White will receive an annual base salary of £650k, a pension allowance of 5% of salary in line with the contribution available for the group’s employees, a benefit allowance of 7.5% of salary and maximum annual bonus opportunity of 125% of salary.
A one-off long-term incentive plan grant of 150% of base salary will be made on appointment, with performance objectives linked directly to creating shareholder value.
The move means Ralph Findlay will return to his former position of non-executive chair following a short period of transition at the business – whose brands include Tennent’s, Menabrea and Bulmers, plus the combined Matthew Clark & Bibendum businesses.
Accomplished leader
White’s appointment follows an extensive search process in conjunction with an independent executive search firm.
C&C said White is an “accomplished business leader with over two decades of PLC main board experience alongside deep consumer goods and drinks sector expertise”.
He was formerly chief executive of AG BARR, the FTSE 250 multi-beverage business, from 2002 to May 2024.
Findlay, chair and current CEO, said: “I am delighted to announce our recruitment of Roger and look forward to welcoming him to C&C and to the board.
Proven track record
“An acknowledged high-calibre leader, he will bring an exceptional combination of extensive branded drinks sector expertise, understanding of our markets and a proven track record of delivery.
“His knowledge and insight will be of great relevance and invaluable to C&C as we continue the recent positive momentum underway within the business and progress our plans to deliver enhanced shareholder value.”
White added: “It is an exciting time to be joining the business. C&C has a unique business model, great brands and a committed team, with the potential to create significant long-term value. I look forward to working with the Board and the wider team to lead C&C through the next phase of its development.”
C&C Group is an Irish incorporated FTSE 250 company headquartered in Dublin and is listed on the London Stock Exchange.
