Directorate Change (7599S)
November 25 2011 - 2:00AM
UK Regulatory
TIDMPFD
RNS Number : 7599S
Premier Foods plc
25 November 2011
Premier Foods Appoints Mark Moran as Chief Financial Officer
Premier Foods, home to some of Britain's favourite food brands,
today announces the appointment of Mark Moran (51) as Executive
Director and Chief Financial Officer. Mark will join the Group in
early December and will replace Jim Smart who will step down from
the Board on Mark's arrival. Jim has agreed to remain with the
company until early 2012 to ensure a smooth handover to his
successor.
Jim Smart has led the Group's financial strategy since joining
Premier Foods in 2009 and has made a major contribution to the
company. He agreed with the company that 2012 would be the right
time to step down as the company's new business plan is finalised
and as its new financing arrangements are put in place.
Prior to joining the company, Mark Moran's most recent
appointment was as Group Finance Director of SSL International Plc,
a market leader in consumer healthcare, recently acquired by
Reckitt Benckiser. He has extensive experience of working with
global brands gained from his six years at SSL including strategic
and day-to-day financial management, executive Board
responsibilities and investor relations. Mark was a non-executive
director at Brixton Plc between 2008 and 2009 where he chaired the
Audit Committee.
His earlier career included senior roles at Porvair Plc and
Caradon plc. Mark trained as a Chartered Accountant with Arthur
Andersen.
Commenting on the changes, Michael Clarke, Chief Executive
Officer, said:
"I am grateful for Jim's personal support for me during my first
months with the company and for his broader contribution over the
past few years. I wish him every success in his future career.
"Mark Moran will be a terrific addition to the team. His
expertise will be invaluable as we continue our journey to rebuild
the company and restore growth. I'm delighted that our new
leadership team is now complete"
Jim Smart said:
"I've enjoyed my two years with Premier Foods. I am confident
that Michael and his team can return the business to growth. I felt
it was the right time to hand over to a new person to help Michael
lead the company in the next stage of its recovery. I wish the
company every success."
For further information, please contact:
Premier Foods
Lisa Attenborough - Group Director of Communications 01727 815716
Richard Godden - Head of Investor Relations 01727 815927
Maitland
Tom Buchanan/Brian Hudspith 020 7379 5151
Notes to Editors
Premier Foods is the UK's largest food producer, manufacturing,
selling and distributing a wide range of branded and retailer
branded foods. We supply a broad range of customers including the
major multiple retailers, wholesalers, foodservice providers and
other food manufacturers. Premier Foods owns iconic British brands
such as Ambrosia, Batchelor's, Bisto, Hovis, Loyd Grossman,
Mr.Kipling, Oxo and Sharwood's and many more. The business employs
around 13,000 people and operates from over 50 sites across the UK
and Ireland.
This information is provided by RNS
The company news service from the London Stock Exchange
END
BOAFZLLLFFFBFBD
Premier Foods (LSE:PFD)
Historical Stock Chart
From Jun 2024 to Jul 2024
Premier Foods (LSE:PFD)
Historical Stock Chart
From Jul 2023 to Jul 2024