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Appointment of CEO and Board Changes

30th Sep 2009 07:00

RNS Number : 9089Z
Finsbury Food Group PLC
30 September 2009
 



Date:  30 September 2009

On behalf of: Finsbury Food Group plc ('Finsbury', 'the Company', or 'the Group')

Embargoed until: 0700hrs

Finsbury Food Group plc

Appointment of Chief Executive Officer 

Board Changes

Finsbury Food Group plc (AIM: FIF), a leading manufacturer of cake, bread and morning goods, is pleased to announce today the appointment of John Duffy as the new Chief Executive Officer of the Group, with immediate effect.

David Marshall has indicated his intention to step down as Chairman following the Annual General Meeting on 25 November 2009 and will remain on the Board as a Non-Executive Deputy Chairman. Martin Lightbody will replace David Marshall as Non-Executive Chairman on that date.

John Gerald Duffy, 44 has been the Chief Operating Officer of Finsbury and has ably assisted Martin Lightbody since 2 September 2008. He has considerable experience in the industry having held leading positions with WT Foods, Noon Products Ltd, Golden Wonder and Mars.

His directorships during the last five years are as follows:

Current

Past

Food Investors LLP

Noon Products Limited

W T (Holdings) Limited

Marston Valley Foods Limited

D H Realisations Limited (in Administration)

John Duffy was a Non-Executive Director of D H Realisations Limited (formerly Denby Holdings Limited) from 01 May 2007 to 31 January 2008 prior to it going into administration in February 2009

Save for the information disclosed above there is no other information to be disclosed under schedule 2, paragraph (g) of the AIM rules.

 

For further information:

Finsbury Food Group Plc www.finsburyfoods.co.uk 

Lisa Morgan 07771712720

Panmure Gordon

Callum Stewart/Andrew Potts/Ashton Clanfield 020 7459 3600

Redleaf Communications [email protected] 

Emma Kane/Rebecca Sanders-Hewett/Anna Dunkin 020 7566 6700

Publication quality photographs are available via Redleaf Communications

Notes to Editors: 

Finsbury Food Group plc (AIM: FIF), a leading manufacturer of premium and celebration cakes, low fat cake slices and artisan, organic and gluten free bread and morning goods
Finsbury Food Group is the number 2 player in the UK cake industry a market valued at £1.51bn (TNS, January 2008)
The Group is also the market leader in the supply of baked goods to the UK's multiple grocers
Its strategy is to build a significant food group in core areas, both organically and by acquisition

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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