Alliance Pharma plc announces that Peter Butterfield, Chief Executive Officer, has decided to leave the business in order to pursue other business interests. Following a comprehensive search process, Nick Sedgwick has been appointed as the new CEO, starting 13 May 2024. Peter will remain at Alliance until 30 June 2024 to facilitate a thorough handover.

Peter joinedthe Board of Alliance in 2010 and became CEO in 2018, driving a strategy to increase the focus on consumer healthcare and extending the Company's global reach into APAC and the US. Nick Sedgwick brings thirty years of consumer health experience across European, US and global roles at major multinational companies such as Reckitt, Coty and Nestlé. Most recently Nick was Regional Director for UK and Ireland Consumer Health at Reckitt during which time he increased revenue and improved profitability in the second largest market for the company.

Prior to this, Nick worked at Coty holding a number of senior roles including Senior Vice President for Global Sales and Commercial Capabilities, Senior Vice President Sales for the US business and General Manager Consumer Beauty for UK and Ireland. Throughout his career, Nick has worked in multiple countries, always delivering high revenue growth through consumer-centric strategies, high performance teams and excellence in execution.