CFO formal appointment
Lourens Mouton appointed CFO, Company Secretary and Director; Rob Smith stepping down.
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Further to its announcement on 4 March 2025, the Board of Chapel Down Group Plc (Chapel Down) is pleased to announce that today, 8th April 2025, Lourens (Louan) Mouton was appointed as Chief Financial Officer, Company Secretary and Board Director of Chapel Down.
Louan is a Chartered Accountant with significant experience in consumer goods organisations, including Group Finance Director at Fever-tree Drinks plc where he was responsible for setting up operations in the USA and more recently as CFO and Board Director at Typhoo Tea Ltd. Prior to that, Louan held roles at Natural Capital Partners, BHP Billiton and Deloitte.
Louan joined Chapel Down on 31st March 2025, and has been working with Rob Smith (the outgoing Chief Financial Officer) who stepped down from the Board earlier today and will leave the Company on 30th April 2025.
Martin Glenn, Chairman of Chapel Down Group, commented: "We are delighted to have appointed Louan, who has an excellent track record of leading cross-functional teams through significant growth and transformation in publicly traded and private international businesses. He is a dynamic leader of high-performing finance teams, and I am confident that, alongside our new CEO James Pennefather, he will continue the delivery of Chapel Down's development and growth."
Louan Mouton said: "I am excited to be joining Chapel Down as it enters the next phase of its growth for customers and shareholders. The Company has a clear and compelling vision, and I look forward to leveraging my recent experience at both Fever-Tree and Typhoo Tea to deliver it. Rob leaves an invaluable legacy in strong Finance talent, technology platforms as well as the AIM listing, and I will continue to work closely with him and the Chapel Down leadership team to ensure a smooth transition."
Regulatory Disclosures
The following information regarding the appointment of Lourens (Louan) Erasmus Mouton (aged 38) is disclosed pursuant to Schedule Two paragraph (g) of the AIM Rules for Companies:
| Current Directorships/Partnerships | Past Directorships/Partnerships (within 5 years) |
| · South 51 Ltd | · Typhoo Tea Ltd - administrators were appointed to the company on 28 November 2024 following extended challenging trading conditions. The administration has yet to formally complete. Louan resigned from his role on the board on 28 February 2025. |
Save as disclosed above, there is no further information to be disclosed in respect of Louan Mouton, pursuant to Rule 17 and Schedule 2 paragraph (g) of the AIM Rules for companies.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.