Gresham House plc (LON: GHE), the specialist alternative asset manager, has today announced that Gareth Davis has been appointed as a Non-Executive Director of the Company.
Gareth’s career has predominantly been spent as an executive at Imperial Tobacco, (now Imperial Brands) where he served for 38 years, rising to become Chief Executive in 1996. Over 14 years, he achieved significant shareholder returns and, upon retirement in mid-2010, the Harvard Business Review named him one of the world’s top 50 CEOs for value creation. More recently he has been Chairman of a number of FTSE 100 companies.
Commenting on Gareth’s appointment, the Gresham House Chairman, Anthony Townsend, said:
“Gareth has known Gresham House for a number of years as part of our advisory group. We are delighted that he has agreed to deepen his involvement with the Company as it looks to increase its brand awareness, internationalise and pursue further value-accretive acquisition opportunities.”
Gareth Davis said:
“It has been exciting to observe the growing success of Gresham House over the last few years. Joining the Board demonstrates my belief that the Group’s long-term alternatives-focused investment philosophy has much to offer through new and exciting investment opportunities for investors.”
Gareth Davis, aged 69, is currently and has in the past five years been a director of the following companies:
Ferguson Group Holdings
DS Smith plc
William Hill plc