Nichols director to return to board as CFO undergoes cancer treatment

David Taylor is returning to Newton-le-Willows-based soft drinks group, Nichols, to support the board while chief financial officer, Richard Newman, undergoes cancer treatment.

He will rejoin the group on February 3, 2025 as a non-board finance director.

Richard will remain in his role and on the board of directors throughout this period.

David was Nichols’ interim CFO between June 2023 and March 2024, prior to Richard’s appointment, during which time he developed a detailed understanding of the group.

He is an experienced chief financial officer of AIM-listed companies, having previously served as the CFO of Churchill China for more than 30 years.

Chief executive, Andrew Milne, said: “On behalf of everyone at Nichols, I want to offer Richard and his family our full support and heartfelt best wishes as he undergoes his treatment.

“David is an experienced operator who knows the business well, and we welcome him back to the business to support the finance and company secretarial functions during this period.”

In the UK, Nichols operates across five soft drinks sub-categories – squash, flavoured carbonates, fruit drinks, energy and flavoured water.

Nichols’ portfolio includes the iconic Vimto brand, plus a growing portfolio of licensed brands including Levi Roots, ICEE, SLUSH PUPPiE and Sunkist.

Under its asset-light model, Vimto is prominent in areas such as the Middle East and Africa and is enjoyed in more than 60 countries worldwide.