The Board of Premier Foods announces that David Beever has given notice that he wishes to step down as Chairman of the Company during 2017, in order to reduce his work commitments.
By this time he will have spent nine years on the Board of the Company, including five years as Chairman.
The Board will now commence an external search for his successor, led by Ian Krieger, Senior Independent Director.
The Board would like to thank David for his continuing commitment to the business and for the key role he has played in the turnaround of the business. Any further updates on this process will be announced as appropriate.
Source: Premier Foods
After eight years with Nestlé, François-Xavier Roger, executive vice president and chief financial officer (CFO), has decided to leave the company to pursue new professional challenges, making way for finance boss Anna Manz. Meanwhile, Unilever announced that Graeme Pitkethly, CFO, will retire by the end of May 2024, and the hunt is on for his successor.
International spirits company Bacardi Limited has announced the appointment of Alicia Enciso to its board of directors. Enciso joins with more than 30 years of experience with multinational Fortune 100 Companies in the food and beverage sector with roles as general manager, president, chief marketing officer and e-business officer.
According to Innova Market Insights, when it comes to beverages, consumers are willing to pay more for what they value most, despite rising inflation. Additionally, consumers want brands that respond to their core values and have the benefits they seek, such as sustainability and functional ingredients.