Chairman and CEO Neil Fraser has departed Produce World.
He has been replaced in the dual role by William Burgess, who had been working in the strategy director and vice-chairman roles.
Fraser, who joined the veg giant in 2011, was only appointed as chairman and CEO in March 2015.
His exit follows hot on the heels of three other directors leaving Produce World this month.
A statement from Produce World read: “We can confirm that following a review Neil Fraser has left the business and William Burgess has taken over as chairman and CEO.”
Speaking to FPJ editor Michael Barker in April 2015, Fraser said: “We have plans to get real scale to give us real efficiency. That’s not just scale for scale’s sake, it’s about being the best at what we do.
“But my aim is to grow the business to £500m within five years. And in year one we are already halfway there. But it has to be on strategy – the right product and the right customer base.”
Schumacher will replace Alan Jope, who announced his decision to retire last September, less than a year after a failed attempt by Unilever to buy GlaxoSmithKline’s consumer healthcare business and just months after activist investor Nelson Peltz joined the company’s board.
Globally, plant-based ice creams have doubled their share of the market over the last five years, according to Tetra Pack. Pea protein and coconut milk are leading the way, but Tetra Pak cites data showing that oat-based ice cream launches have doubled in the previous year.
A myriad of so-called eco-labels are being rolled out across various F&B products, but with no gold standard or strict rules governing precisely what the logos mean and what methodology is behind them, concerns are growing that they will confuse consumers and ultimately be counterproductive.