THE WHAT? PZ Cussons has announced that Jeremy Townsend, Non-Executive Director and Chair of the Audit and Risk Committee is stepping down from the board, effective February 28, 2024.
THE DETAILS The personal care manufacturer has yet to name his replacement. In a statement, PZ Cussons said that Townsend’s departure was part of his desire to ‘reduce his non-executive commitments’.
THE WHY? David Tyler, Chair of the Board explains, “Jeremy has been a very strong and effective Director and Audit Chair at PZ Cussons and so we regret his decision to stand down. However, we understand his need to focus on his executive responsibilities now and we wish him every success for the future.”