Sector News

Nomad Foods announces CFO Paul Kenyon to depart

June 8, 2017
Consumer Packaged Goods

Nomad Foods Limited, today announced that Chief Financial Officer Paul Kenyon has resigned to accept another opportunity outside of the food industry.

Mr. Kenyon has been CFO with the company for five years, joining in 2012 as CFO of Iglo Group and then CFO of Nomad Foods since 2015. He will continue to serve in his current role until August and will remain on the Board as a Non-Executive Director following his departure. The company has commenced an external search for his replacement.

Stefan Descheemaeker, CEO of Nomad Foods, said, “On behalf of everyone at Nomad Foods I would like to thank Paul for his significant contributions to the company and wish him success in his new opportunity. I am particularly grateful for his personal support since I joined as CEO two years ago. Paul has built a talented team around him and leaves behind an organization that has made great strides, as evidenced by our return to organic revenue growth and recently raised revenue, EBITDA and cash flow guidance for 2017.”

Mr. Kenyon said, “My tenure at Nomad Foods has been extremely rewarding on both a professional and personal level. I am proud of our many accomplishments, particularly the last two years as we listed on the NYSE, integrated the acquisition of Findus and laid a foundation for long-term sustainable growth. I look forward to seeing the company execute against strategic plans while, in the near-term, building on the strong top-line momentum it has experienced thus far in 2017.”

Source: Nomad Foods Limited

comments closed

Related News

April 26, 2024

Haleon names new Finance Chief and new CHRO

Consumer Packaged Goods

Consumer healthcare firm Haleon has appointed Tate & Lyle executive Dawn Allen as its new chief financial officer, effective 1 November 2024. Allen will succeed Tobias Hestler, who has decided to step down from the role, citing a long-term health condition, the company said.

April 26, 2024

Campari to double Aperol production capacity with €75m investment

Consumer Packaged Goods

The group said that the bottling line, which adds 6,500 square metres to the existing 60,700-square-metre site, is the next necessary stage in the company’s international development. The leading brand in Campari Group’s global sales, demand for the Italian bitter apéritif has grown by 500% in the last decade.

April 26, 2024

Coca-Cola enters $1.1bn strategic partnership with Microsoft

Consumer Packaged Goods

The partnership will see Coca-Cola adopt new technology to foster innovation and productivity globally. Through the deal, Coca-Cola has made a $1.1 billion commitment to the Microsoft Cloud and its generative AI capabilities.

How can we help you?

We're easy to reach