Premier Foods Chief Steps Down -- Finspreads
The firm revealed that Mr Clarke, who has led Premier Foods for 18 months, would step down from the board with immediate effect.
During his time as chief executive, Mr Clarke oversaw the sale of several brands in order to keep the company's burden of debt around £1 billion under control.
Brands to be sold off include the Branston range of pickles and sauces, Robertson‘s jam, and Sarson’s vinegar.
His successor will be former head of Cable & Wireless Worldwide Gavin Darby, who will take up the post on February 4th.
As a result the company‘s shares have slumped on the market, falling as much as nine per cent during this morning’s trading.
At 1135GMT, its shares in London were valued at 110.00p, a retreat of 8.71 per cent.
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2013년 3월 22일 14:08
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2013년 3월 20일 17:45