RNS Number : 7350G
Stock Spirits Group PLC
10 August 2016

Stock Spirits Group PLC

Appointment of Chief Executive Officer (CEO)

Stock Spirits Group PLC today announces the appointment of Miroslaw 'Mirek' Stachowicz as Chief Executive Officer of Stock Spirits PLC. Since April 2016, he has served as interim CEO, having been appointed as an Independent Non-Executive Director in November 2015.

Mirek has extensive experience of leading consumer branded companies in Poland and across CEE, and has a wealth of board level experience. Over an international career spanning more than 20 years, Mirek has served as General Manager of Bestfoods (Romania), Managing Director of ICI Paints (Poland, Eastern Europe and Russia) and more recently Managing Director of AkzoNobel Deco (Central Europe). 

David Maloney, Chairman of Stock Spirits, said: 

"We are delighted to appoint Mirek as CEO of Stock Spirits. Having commenced an international search, we concluded that with his extensive knowledge of both the Stock Spirits business and consumer brands across the CEE region, Mirek was the ideal candidate. He has already made a significant impact on the business and we are delighted to see improved performance in our important Polish market under his leadership."

Mirek Stachowicz, Chief Executive Officer of Stock Spirits, said: 

"I am very pleased to have been appointed CEO. Today we have reported EBITDA growth across all our markets for the first half of this year, after a difficult 2015, showing that the many initiatives we have put in place in Poland are starting to show positive results. Although the recovery is in its early days, I am confident that, along with our strengthened management team in Poland, we will be able to build on this encouraging start over the coming months."

Currently, Mirek serves as a Supervisory Board member of Harper Hygenics S.A, CCC S.A and Paged S.A, all of which are listed on the Warsaw Stock Exchange. He is also Chairman of Grupa Pracuj. In line with his new executive responsibilities at Stock Spirits, Mirek intends to significantly scale back his commitments and retain only one external board positon.

Mirek's appointment terms are in accordance with the terms as approved by the shareholders as approved in the remuneration policy. 

For further information:

Stock Spirits Group:

+44 (0) 1628 648 500

David Maloney


This information is provided by RNS
The company news service from the London Stock Exchange