Premier Foods
Premier Foods boss Gavin Darby has announced he will step down at the end of January next year.
The announcement comes almost four months after he survived a bid to oust him at the company’s annual meeting.
Activist hedge fund Oasis Management, the firm’s second-largest shareholder, had called for him to resign, a call supported by 41% of shareholders.
Mr Darby announced his imminent departure as the firm unveiled first-half results showing a 14% profit rise.
He said he would be leaving on the sixth anniversary of his joining Premier Foods.
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