New director on board at maltsters

Berwick-based maltster, Simpsons Malt, has announced the appointment of David Rae as an independent non-executive director on the board, effective from December 1.

Saturday, 13th August 2016, 7:50 am
Updated Thursday, 25th August 2016, 4:39 pm
David Rae, Simpsons Malt

Formerly managing director of The North British Distillery, David will further support Simpsons Malt’s drive to grow its market share of the global malting industry.

A qualified chartered accountant, David brings 37 years of drinks experience in the Scotch whisky Industry. He replaces Sir Ian Good CBE, who will step down in November following 12 years on the Simpsons Malt board.

Tim McCreath, managing director of Simpsons Malt, said: “We welcome David to the role and look forward to him continuing Sir Ian’s success in strengthening our links with the Scotch whisky industry.

“This is an exciting time for Simpsons Malt: we feel we are in a good place to drive forward the business under the expert direction of our robust and knowledgeable board of directors.”

Sign up to our daily newsletter

The i newsletter cut through the noise

David added: “I very much look forward to working with the young and energetic team here at Simpsons Malt. I am confident that my experience and knowledge will support the ongoing growth and development of this innovative company.”

David joins Paul Walsh, previous group chief executive of Diageo, who also acts as an independent non-executive director to Simpsons Malt.

Managed by the fifth generation of the Simpsons family, the company remains focused on its core malting business investing in excess of £80 million over the last 25 years.

The company’s other maltings is situated at Tivetshall St Margaret in Norfolk. The company produces in excess of 280,000 tonnes of malt each year. Its agricultural and trading arms, McCreath Simpson & Prentice and John Guthrie, procures in excess of 300,000 tonnes of barley each year from more than 2,000 farmers.