17th Sep 2014 06:38
LONDON (Alliance News) - Dairy Crest Group PLC said Wednesday that it has appointed Stephen Alexander as its new chairman with immediate effect.
Alexander replaces Anthony Fry in the position. Fry was taken ill earlier this year; he will leave the board with immediate effect, said Dairy Crest.
Incoming Chairman Alexander was appointed as a non-executive director in January 2011 and has served as chairman of the Remuneration Committee since May 2012. He also serves as chairman of Immediate Media Company Ltd, a multi-platform magazine publisher, Look Ahead Housing and Care, a London based charity and "rhubarb" food design Ltd, a catering business.
Richard Macdonald - who has been acting chairman at the UK-owned dairy foods company while Fry has been unable to work - will resume his role as senior independent director.
Chief Executive of Dairy Crest, Mark Allen said "It is sad that Anthony will no longer chair the Board. Anthony has had a significant influence on the business since his appointment as a Non-executive Director in 2007, and especially since he became Chairman in 2010. I shall miss working with him."
"Stephen has been a very strong non-Executive and makes an excellent replacement. I am looking forward to working more closely with him," Allen added.
Dairy Crest expects to issue its half-yearly trading update on September 22 and its interim results for the six months ending September 30 on November 6.
By Alice Attwood; [email protected]; @AliceAtAlliance
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