© Reuters. Ex-Weetabix chief Turrell approached about top job at Premier Foods – Sky News

(Reuters) – Ex-Weetabix chief executive Giles Turrell is among a number of candidates approached to become CEO of Britain’s Premier Foods Plc, Sky News reported on Saturday, without citing any sources.

Turrell, who had overseen Weetabix’s 1.4 billion pound sale to America’s Post Holdings Inc, has explored a number of private equity-backed deals since stepping down as Weetabix chief, Sky News said.

No-one at Premier Foods could immediately be reached for comment.

Premier Foods, maker of Oxo cubes, Mr Kipling cakes and Bisto gravy, said in November its then CEO Gavin Darby was stepping down after pressure from an activist investor, having failed to halt a share price slide since a proposed takeover fell through two years ago.

The company said in February it would review options to boost shareholder value following talks with top investors.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

READ  This is what you need to save each month to double your State Pension





READ SOURCE

WHAT YOUR THOUGHTS

Please enter your comment!
Please enter your name here