Bunzl plc announced the appointment of Peter Ventress as a non-executive director and Chairman designate to succeed the current Chairman, Philip Rogerson. Peter Ventress is currently Chairman of Galliford Try plc and a non-executive director of BBA Aviation plc, where he is Senior Independent Director and Chairman of the Remuneration Committee and was formerly Chairman of the Audit Committee, and Softcat plc, where he is Chairman of the Remuneration Committee. He was formerly a non-executive director of Premier Farnell plc and Staples Solutions NV and was Chief Executive Officer of Berendsen plc from 2010 to 2016. Prior to this he held several senior executive roles including International President of Staples Inc. and Chief Executive Officer of Corporate Express NV, a Dutch quoted company which was subsequently acquired by Staples. Although Philip will not be leaving until April next year, the company would also like to take this opportunity to thank him for his tremendous contribution during his time with the company.
Bunzl plc specializes in the distribution of hygiene and safety packages, products, and materials. The group also offers packaging products, restaurant items (cutlery, glassware, kitchen utensils, etc.), cleaning products (soaps, detergents, toilet paper, custodial products, polishes, washing machines, etc.), and personal protection equipment (gloves, masks, clothing, etc.).
Net sales break down by sector into food services (29.8%), grocery stores (26.1%), safety (14.8%), retail (9.6%), hygiene and cleaning (9.3%), healthcare (7%), and other (3.4%).
Net sales are distributed geographically as follows: the United Kingdom and Ireland (12%), Continental Europe (18%), North America (61.2%) and other (8.8%).