Premier Foods continues to rebuild its management team with the appointment of Duncan Leggett as its permanent Chief Financial Officer.
Leggett, who had been the food manufacturer’s Director of Financial Control and Corporate Development, became acting CFO back in August when Alastair Murray left the business after six years when new CEO Alex Whitehouse was appointed.
Leggett joined Premier Foods in 2011 and has held a number of senior roles within its finance department. Before joining the company, he spent nine years at KPMG working with clients across a variety of industries.
Whitehouse commented: “Duncan’s extensive technical knowledge and experience of our business makes him an invaluable member of our Executive Leadership Team, so I am delighted to appoint him permanently as CFO and welcome him onto the Board.
“With this added business continuity, I look forward to continuing our work together as we increase our pace of delivery and ever sharpen our consumer, customer and operational focus.”
Premier Foods has been struggling with high debts and lacklustre growth in recent years, although recent figures suggest its performance is improving.
The company launched a strategic review in February aimed at increasing shareholder value following months of fractious relations with two rebel investors – Oasis Management and Paulson & Co – due to the group’s weak performance. Reports earlier this year suggested that Premier Foods could be sold or broken up after separate moves to sell its Ambrosia and Batchelor brands failed to come to fruition.
