Tea Colaianni to join Bounty Brands as Non-Executive Director
Bounty Brands, the fast moving consumer goods business with a portfolio of leading brands that are available in over 40 countries, is pleased to announce the appointment of Tea Colaianni as an Independent Non-Executive Director of Bounty Brands Holdings Limited with effect from 1 January 2018.
Tea is currently Non-Executive Director and Chair of the Remuneration Committee at Mothercare plc and Non-Executive Director at SDWorx, the global payroll and HR services provider, and until recently was Non-Executive Director and Chair of the Remuneration Committee at Poundland plc. Tea’s most recent executive role was Group HR Director at Merlin Entertainments plc, which during her tenure was recognised as one of the 25 Best Companies to Work For in the UK for three years in a row.
Previously, Tea was Vice President of Human Resources for Europe at Hilton Worldwide. Tea began her career in Brussels as a lawyer advising multinational companies on EU-related affairs. At Bounty, Tea will act as Chair of the Remuneration Committee.
Commenting on the appointment, Chris Bull, Chairman of Bounty Brands, said:
“I am delighted to welcome Tea to the Board of Bounty Brands. Tea has extensive experience of leading HR teams at fast-growing companies and overseeing organisational integration across multiple geographies and we look forward to benefiting from her advice and wisdom.”
Tea Colaianni said:
“Bounty Brands is a company with ambitious plans and I see this as an exciting opportunity to work with an entrepreneurial management team that is building a business of scale in retail and consumer markets in its target geographies of South Africa and Central & Eastern Europe”.
Stefan Rabe, Chief Executive Officer, added:
“Our vision is to create a successful multi-national consumer brands business delivering superior and sustainable growth. Tea’s experience of guiding companies through periods of rapid growth and securing strong levels of employee engagement will be invaluable as we seek to integrate businesses across our operational footprint and deliver on our vision”.
FTI Consulting LLP
Edward Bridges/Nick Hasell (London) + 44 207 727 1000
Max Gebhardt/Caroline Parker (Johannesburg) + 27 11 214 2400
About Bounty Brands
Bounty Brands is a fast moving multi-national consumer goods company with a portfolio of leading brands that are sold in over 40 countries, mostly in the Southern African and Central & Eastern European regions. Its brands span a number of consumer sectors with the main focus being food, apparel and personal & home care. For more information visit www.bb.co.za
Coast2Coast, a controlling shareholder in Bounty Brands, is an international private investment company operating in Europe, particularly in CEE, as well as in South Africa, Australia and New Zealand. It has offices in Warsaw, Prague, London, Malta, Johannesburg, Cape Town, Sydney and Melbourne. It is a value investor, using its own capital to finance investments. The group currently invests through three main investment platforms: Bounty Brands (FMCG), Maison Brands (homewares) and Ascendis Health (health and care). Coast2Coast specialises in long-term investments in family businesses, with growth potential. Coast2Coast achieves its vision by taking a semi-active ownership role in its portfolio of companies, and creating value for shareholders by partnering with management teams in order to improve strategic, operational and financial performance. For more information visit www.c2c.co.za.