Get the app today! Download iPhone App Download Android App

Premier Foods Investor Calls For Immediate Removal Of CEO

Published on Jun 25 2018 7:55 AM in A-Brands tagged: Featured Post / Premier Foods / Chief Executive / Oasis / Paywall / Gavin Darby

Premier Foods Investor Calls For Immediate Removal Of CEO

Shareholder Oasis Management has called for the immediate removal of Premier Foods Chief Executive Gavin Darby, raising the pressure on the company ahead of its annual meeting next month.

Oasis, which said it has a 9.3 percent stake in Premier, said current CFO Alastair Murray should take interim charge, supported by the company's UK Managing Director Alex Whitehouse. It urged the company to seek a new permanent chief executive from outside the company.

In a statement, Oasis accused Darby of having no credible strategy, adding: "we have completely lost faith in him."

please subscribe or sign in to continue reading

image description

Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.

A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!

Share on Facebook Share on Twitter Share on Google+ Share on LinkedIn Share on Tumblr Share via Email