Wednesday 24th Apr 2019 - Logistics Manager Magazine

David Garman joins Menzies board

David Garman, the former chief executive of logistics group TDG, has become a non-executive director of John Menzies plc.

The Menzies domestic business has traditionally been focused on newspaper distribution, but the decline in this market has made it look at using its vehicle fleet for other logistics tasks. It also has a large air cargo division offering forwarding and ground handling.

David Garman, non-executive director, John Menzies plc.

David Garman, non-executive director, John Menzies plc.

Garman was chief executive at TDG plc, the European contract logistics business, for more than eight years before it was bought out by Laxey Partners in 2008. The business was sold to Norbert Dentressangle in 2010.

Before joining TDG, he was an executive director with Associated British Foods where he was responsible for the growth of Kingsmill as a major bread brand. He is currently a non-executive director at Phoenix IT Group plc and several other private companies.

Menzies chairman Iain Napier said: “I am delighted to welcome David to the board. He has excellent experience through his executive and non-executive career and will be a valuable addition to John Menzies plc.”

* Turnover at John Menzies plc was flat at £1.9bn for the year to 31 December, while operating profit, at £25.5m was down from £45.4m in 2013.

The Distribution division, which is responsible for newspaper distribution and other logistics services, produced revenue of £1.26bn in 2014, down from £1.28bn the year before. Operating profit was flat at £24m.

The group has been rationalising the UK distribution network and match capacity to volume. Newspaper and magazine volumes declined by three per cent last year. During 2014 it reduced its main hubs from ten to eight and created a magazine super-hub in Maidstone. The programme is continuing into 2015.