Meine Oldersma joins Arco as Non-Executive Director

Following an extensive external process, renowned expert Meine Oldersma has been appointed by Arco as a Non-Executive Director (NED). He succeeds Kevin Appleton who has completed his third, three-year, term.

Meine is an experienced business leader, bringing valuable insight and industry knowledge to this new appointment having held several senior executive and non-executive positions in the UK. He is currently Chairman at Dunlop Protective Footwear, CMS Distribution and Batt Cables Ltd and holds a Non-Executive Director role at Safetykleen.

As a trusted advisor to several financial institutions related to distribution and business services, Meine's appointment brings a wealth of experience to Arco and reaffirms the company's position as leaders in safety alongside its commitment to innovation that delivers increased customer value.

Over an expansive career, Meine has worked in numerous senior roles at companies including as CEO of SiG plc and CEO & President, China Group at Ingram Micro.

He has already held extensive non-executive roles at prominent companies in the safety industry, notably at Bunzl Greenham and Brammer. Meine's expertise and relevant knowledge makes him a valuable addition to the Arco Board, underlining the company's continued focus on excellence in safety.

Thomas Martin, Chairman of Arco commented:

"I am personally grateful for the guidance and input Kevin has provided and his contribution during his tenure. We wish him all the best for the future.

"Meine brings an unrivalled global experience in multiple industries, almost all of which centres around distribution, manufacturing or business services. He specialises in creating shareholder value through sustainable growth with an enviable track record of successfully achieving this over 30 years. "I am confident Meine will be a strong addition to the Board and will provide incredibly relevant insight and knowledge to support our future growth agenda and priorities for Arco."

Meine Oldersma, commented:

I am delighted to be joining Arco and I'm enthused by the opportunity ahead. Arco is a great business with a market-leading industry presence, and I am looking forward to working with the Board, Thomas, Guy Bruce (CEO) and the wider team to deliver sustainable growth for the future."

Having worked together before, Guy and Meine are excited to join forces again with a shared ambition to drive Arco's Destination 2030 strategy for the benefit of all the Arco customers.