MCLAREN Packaging Group has appointed two non-executive directors – Stewart MacRae and Alasdair Miller – and promoted Andrew Rennie to the role of finance director.
MacRae recently retired from the Scotch whisky industry after 27 years, the last 12 as regional MD – EEMEA and India for Edrington. He is an experienced UK and international board director in both an executive and non-executive capacity.
Miller is an experienced non-executive director and adviser to both private and PE-backed businesses, with a career spanning 35 years including private equity, structured finance, and M&A. Formerly finance director at McLaren Packaging Group, he was named CFO of the Year in 2023 in the Family-Owned Business category at the Scottish Chief Financial Officer Awards.
Rennie joined Port Glasgow-headquartered McLaren from Coretrax, the oil and gas global innovation specialist, where he was corporate finance manager. He previously held the same position at accountancy firm Azets.
McLaren Packaging Group MD Donald McLaren said, “These appointments will deepen and extend the experience on our board, chaired by Peter Lederer CBE, and comes at a time when we are gearing up for further growth, with the objective of continuing to develop and expand our reputation as a supplier of sustainable and innovative packaging to the premium and luxury sectors.
“Stewart is an accomplished entrepreneurial and collaborative commercial leader, a strategic long-term thinker with a growth mindset, consistent record of growing sales, brand equity and profit across multiple markets and categories, while Alasdair has worked with us for five years as FD and we are delighted to retain his significant knowledge and experience of our business in a non-exec capacity going forward.
“Andrew has impressed and shown great commitment in his short time as corporate finance manager and I am pleased to see him step up to the FD role so quickly.”
The appointments follow in the wake of a company restructure heralding the launch of two new brands, McLaren Presentation and McLaren Divisions, which join McLaren Corrugate to form three divisions under the umbrella organisation McLaren Packaging Group.
