Real Good Food has unveiled a string of board-level changes, as it looks to calm investors following its shock profit warning last week.
The Liverpool-based food company said that Pieter Totté has resigned as Executive Chairman and will be leaving the group, effective immediately. Pat Ridgwell, a non-executive director, will serve as interim Chairman until a permanent successor to Totté has been named.
Additionally, Harveen Rai has been named as Finance Director and Company Secretary, effective 14 August 2017. Rai, who was most recently CFO at Arzyrta UK, will take over from David Newman, who will be stepping down from the board with immediate effect.
Additional changes include non-executive director Christopher Thomas being made Executive Director, and Hugh Cawley being appointed as non-executive director.
Cécile Béliot has assumed the role of Bel Group chief executive officer, following the decision to separate the roles of chairman and CEO. The separation of the functions will enable Bel Group to develop in three areas of healthy snacking. Meanwhile, the company’s former CEO, Antoine Fiévet, has had his mandate renewed as chairman of the board.
US Food and Drug Administration (FDA) Commissioner Dr. Robert Califf was grilled by lawmakers during a House Appropriations subcommittee hearing, where he was slammed over the agency’s handling of the escalating infant formula shortage.
Sweegen is ramping up its efforts to reduce sugar across F&B applications while simultaneously tapping into the benefits of using antioxidants and bitter blocking technology. Speaking to FoodIngredientsFirst, Casey McCormick, vice president of global innovation at Sweegen, says product developers can find a broad range of solutions in Sweegen’s nature-based sweetener systems as brands elevate better-for-you foods.