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Home Industry News William Ransom announces new director appointment

William Ransom announces new director appointment

17th June 2010

William Ransom has announced the appointment of Fred Whitcomb to its board of directors in a non-executive capacity.

Mr Whitcomb, a significant shareholder in the pharmacy supplier and a former executive director, has been welcomed back to the firm by chairman David Suddens, who praised his “knowledge of natural consumer healthcare”.

The executive held the role of executive director between 2005 and 2007 and made an attempt to replace the board at a general meeting in 2009, alongside Steve Quinn.

This move was resisted by William Ransom at the time due to a desire to stabilise the company and implement a new financial growth strategy, which has since been executed.

Mr Suddens stated that Mr Whitcomb will now be working in cooperation with the existing board and management in order to establish new ways to “drive shareholder value”.

Earlier this year, William Ransom appointed Robert Denton as its new finance director, taking over from the interim selection Ran Oren.

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