Premier Foods announces that Paul Thomas, Group Finance Director, intends to step down from the Group later in the year. Paul will present the interim results on 5 August 2009 and will step down shortly thereafter. The Board has commenced a search for his successor.
Paul Thomas joined Premier Foods in June 2002 [private]and served on the Board as an executive director since that time.
Paul Thomas said:
“After seven enjoyable and very busy years with Premier Foods – during which time the Group floated on the London Stock Exchange and, through a series of strategic acquisitions, transformed itself into the UK’s largest branded food supplier – I feel it is time to seek new challenges. Following the successful capital restructuring and equity issue in March of this year, Premier Foods is in a strong position and has a great future ahead of it.”
Robert Schofield, Chief Executive Officer of Premier Foods, said:
“I would like to thank Paul for his significant contribution to the Group. He joined Premier Foods when it was still a private company and was instrumental in our successful initial public offering and in the extensive development of the Group since then. He leaves with our best wishes for the future.”[/private]
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