1. UK: Premier Foods CEO Darby Quits After Shareholder Revolt

    UK:  Premier Foods CEO Darby Quits After Shareholder Revolt

    (Reuters) - The chief executive of Oxo-cube maker Premier Foods is stepping down under pressure from an activist investor after failing to halt a share price slide since a proposed takeover fell through two years ago. The company also said on Tuesday it was in talks to sell its Ambrosia rice pudding and custards brand to cut a debt pile that exceeds 500 million pounds and laid out plans to speed up investments in marketing and high-return capital projects...

    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Sponsored Content
  2. Quotes

    1. We welcome Gavin Darby's departure, and are optimistic about the path ahead. We look forward to Premier Foods accelerating and realizing its true potential.
  3. Topics Mentioned