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Nomad Foods' CFO Paul Kenyon To Depart in August

Published on Jun 8 2017 10:52 AM in A-Brands tagged: Trending Posts / Nomad Foods / Paul Kenyon / Chief Financial Officer

Nomad Foods' CFO Paul Kenyon To Depart in August

Nomad Foods Limited has announced that chief financial officer Paul Kenyon has resigned from his post in order to accept another opportunity outside of the food industry.

Kenyon will continue in his current role until August 2017, and he will also remain on the board as a non-executive director after his departure. The UK-based frozen food company has announced that it has began an external search for his replacement.

'Significant Contributions'

Stefan Descheemaeker, CEO of Nomad Foods, said, "On behalf of everyone at Nomad Foods I would like to thank Paul for his significant contributions to the company and wish him success in his new opportunity."

“I am particularly grateful for his personal support since I joined as CEO two years ago. Paul has built a talented team around him and leaves behind an organisation that has made great strides, as evidenced by our return to organic revenue growth and recently raised revenue, EBITDA and cash flow guidance for 2017."

Accomplishments

Kenyon has been with the company for five years, joining in 2012 as CFO of Iglo Group, and he then became CFO of Nomad Foods since 2015.

"My tenure at Nomad Foods has been extremely rewarding on both a professional and personal level," he said. "I am proud of our many accomplishments, particularly the last two years as we listed on the NYSE, integrated the acquisition of Findus and laid a foundation for long-term sustainable growth."

“I look forward to seeing the company execute against strategic plans while, in the near-term, building on the strong top-line momentum it has experienced thus far in 2017."

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Aidan O’Sullivan. Click subscribe to sign up to ESM: The European Supermarket Magazine.

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