Honey and spirits producer, The British Honey Company plc, based at Worminghall between Oxford and Aylesbury, has appointed Richard Day as Independent Non-Executive Chairman. Mr Day’s appointment is the result of a comprehensive executive search process over the past several months. He takes over the role from Michael Williams, Group CEO, who has acted as Interim Chairman since March of this year.
Mr Day, a qualified lawyer and, himself, a member of the QCA Remuneration Committee which produced the new Remco Guide, is an experienced Non-Executive Director with particular financial markets strengths, having had a diverse and successful senior management career.
He was a co-founder of AIM-Listed institutional stockbroker, Arden Partners plc where he worked from 2002 until 2015, and was Head of Corporate Finance for most of his time with the firm. He played an important role in building the business both domestically and internationally. Since then, he has been on the boards of various listed companies . He is currently Non-Executive Chairman of “Big Data“ analytics company, Pelatro plc which is listed on AIM. He is also Chairman of Eden Geothermal Limited, a private company, which is drilling the first well on its two-well deep geothermal site at the world-famous Eden Project in Cornwall.
Nicholas Agbo, a CIMA qualified accountant, has been appointed full-time Finance Director of the Group. Mr Agbo has served for the past three months as Company Secretary and joins from FTSE 100 constituent, Pearson, the global publishing and education company where he managed a £100million budget. Previously, he worked for six years at UBM plc in Commercial Finance. He succeeds Mr Alistair Wallace, who will continue to provide assistance to the Company in his capacity as senior partner of BKB and who have been retained by the Company since inception in 2014.
BHC’s CEO, Michael Williams, said: “I am delighted to welcome Richard to the Board as our independent Non-Executive Chairman and Nicholas as Finance Director. These new appointments align BHC’s board and senior management structure with the QCA recommendations for Public Companies.”