Premier Foods announced the departure of the chairman following the company’s annual general meeting in July.
The British food manufacturer said that the group’s chairman Keith Hamill is set to depart as of the 19th of July, following almost two years in the role.
Premier Foods said that a recruitment process for finding a new chairman is underway.
The group also announced two new appointments in the statement released on Thursday.
Richard Hodgson is set to take up the role of Senior Independent Director, alongside Pam Powell who has been appointed as Chair of the Remuneration Committee.
The company affirmed that both appointees had ‘extensive industry experience’, and are set to take up their appointments immediately.
Premier Foods is listed on the London Stock Exchange. Its owns many popular food brands including Mr Kipling, Angel Delight, Bird’s Custard and Lloyd Grossman sauces.
Earlier this year the company announced that it would no longer be putting up its Ambrosia brand up for sale, after a lack of financially satisfactory offers.
In its latest results, Premier Foods reported a 0.6% rise in revenue, with trading profit growth up 4.5% to £128.5 million. Adjusted profit before tax was up 12.1% to £88 million.
Nevertheless, the company posted a statutory loss before tax of £42.7 million. This was blamed on GMP pensions recognition and the impairment of intangible assets.
Shares in the firm (LON:PFD) are currently up +1.42% as of 11:27AM (GMT).
