Chapel Down Group Plc announced that the Board has accepted Andrew Carter's resignation as a Director and Chief Executive Officer of the Company. Andrew will begin a new role as Chief Executive Officer at Timothy Taylor & Co Ltd. in 2025. During his three years in role, Andrew has made a significant impact on the growth of Chapel Down, refocussing the business on its vision of being England's leading and most celebrated winemaker.

Successfully leading the market listing onto AIM, the market capitalisation has increased substantially during the period of his leadership, driven by the development of the leading brand in the English Wine industry. Andrew has built a high-performance business culture with strong commercial and operations teams in place under an experienced executive leadership team, who will continue to deliver the future Chapel Down growth plans. A recruitment process for the new CEO will commence shortly.

Andrew will continue to lead the business until this process is completed in first half of 2025.