Treatt Strengthens Board With New Independent Directors and Committee Changes

Treatt plc (LSE:TET), a specialist producer of natural extracts and ingredients for the beverage, flavour and fragrance sectors, has strengthened its board with the appointment of Sangita Shah and Shaun Smith as independent non-executive directors.

Shah, who has extensive experience as a public company chair and committee leader, will take on the role of Senior Independent Director and serve as chair of the remuneration committee. Smith, a former chief financial officer and experienced audit committee chair, will assume responsibility for leading the company’s audit committee.

Their appointments form part of a broader reorganisation of Treatt’s board committees. Shah will also join the audit and nomination committees, while Smith will step into the role of audit committee chair. Meanwhile, Christine Sisler will step down from the nomination committee as part of the reshuffle.

The updated governance structure is intended to enhance board oversight and support the execution of Treatt’s strategic priorities. Management said the changes reflect the company’s focus on strengthening leadership with experienced public company directors as it continues to pursue growth opportunities in its specialist ingredients markets.

Despite the governance improvements, Treatt’s outlook remains influenced by a drop in profitability during FY2025 and a softer cash-flow trend, although the company maintains a strong balance sheet with low leverage. Technical indicators are neutral to slightly weak, with the share price trading below longer-term moving averages. Valuation appears relatively elevated at around 25 times earnings, though this is partly balanced by a dividend yield of roughly 3.9%.

More about Treatt plc

Treatt plc is a global independent manufacturer and supplier of natural extracts and ingredients used across the flavour, fragrance and consumer products industries, with a strong presence in the beverage sector. The company employs around 350 people across Europe, North America and Asia, and operates manufacturing facilities in both the UK and the United States. Treatt is known for its technical expertise and integrated solutions supporting food, beverage and fragrance customers worldwide.