LONDON – Tate and Lyle PLC (OTC:), a global supplier of food and beverage ingredients, announces the resignation of Patricia Corsi from her role as a non-executive director. Corsi will step down effective March 31, 2025, due to conflicts between his executive responsibilities and his duties at Tate & Lyle. He is part of the company’s board since May 2021 and contributes to the Remuneration and Nominations Committees.

Corsi’s departure is part of the natural ebb and flow of corporate governance, as directors balance their various professional commitments. The company did not immediately disclose plans for a successor or the process by which a new director would be selected.

Tate & Lyle, with a history spanning more than 160 years, specializes in creating ingredients that serve the health-conscious consumer, focusing on reducing sugar, calories, and fat, while enhancing content of fiber and protein. The company operates in nearly 58 locations in 121 countries and employs more than 3,300 people. For the financial year ending March 31, 2024, Tate & Lyle reported income from continuing operations of £1.65 billion.

The company’s shares are traded at London Stock Exchange (LON:) under the symbol TATE.L, and American Depositary Receipts are under TATYY. As part of its commitment to ‘Changing Lives Through Food Science,’ Tate & Lyle aims to support healthy lifestyles, build thriving communities, and care for the planet.

This news is based on a statement in the press release and shows a change in the composition of the Tate & Lyle board, which may be of interest to investors and stakeholders who monitor the dynamics of leadership within large corporations.

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