PZ Cussons appoints Caroline Silver as new chair

Imperial Leather maker PZ Cussons has appointed Caroline Silver as non-executive chair effective from 1 January 2017 following the retirement of Richard Harvey.

Silver, who was appointed as a non-executive director in April 2014, is currently senior independent director and chair of the Audit & Risk Committee.

She is managing director at global investment bank Moelis & Co and has worked within the investment banking sector for over 25 years.

Chairman Richard Harvey said: “I am delighted that Caroline has agreed to succeed me. She has exceptional business credentials and has contributed greatly to the company in her role as a non-executive director. This continuity and her strategic vision and leadership skills will serve the company well."

At 0805 BST, shares were up 2.7% to 340.08p.