BusinessPeople In BusinessFormer United Biscuits FD takes Greencore role

Former United Biscuits FD takes Greencore role

John Warren to serve as a non-executive at FTSE 250-listed Greencore

THE FORMER GROUP FD of United Biscuits has joined convenience food provider Greencore’s board.

John Warren joins the FTSE 250-listed business as a non-executive director. He also holds non-exec posts at Rank Group, Bovis Homes, Spectris, 4imprint and Welsh Water. Warren is the former chairman of Uniq – a business acquired by Greencore in September 2011.

Gary Kennedy, chairman designate, said: “I would, on behalf of everybody at Greencore, like to welcome these outstanding market leaders to the board. Their diverse skills and international experience in markets will bring a greater focus for the group as it moves forward in its development.”

Greencore is the world’s largest maker of sandwiches – 350 million a year – with a 36% share of the UK market, supplying to Tesco, Asda, M&S, Sainsbury’s and Waitrose, turning over a £1bn, with its last half-year profits coming in at £31.7m.

It began as an Irish state-owned sugar processor and agricultural producer, until tariff changes saw its business model change.

In May 2011, Greencore negotiated a new £280m credit facility, enabling the company to move for Uniq. A rights issue was also launched to help fund the acquisition.

The company’s share price is 108.25p, up 0.25p in this morning’s trading.

For more companies and markets data, visit the Share Price Centre

Related Articles

Ex-KPMG senior partner joins Urban&Civic as audit chair

Audit Ex-KPMG senior partner joins Urban&Civic as audit chair

1y Richard Crump, Writer
One in four FTSE 100 bosses hold accounting qualification

People Business One in four FTSE 100 bosses hold accounting qualification

2y Richard Crump, Writer
‘Personal' reasons cited for Sodexo CFO Herbert-Jones' early exit

People Business ‘Personal' reasons cited for Sodexo CFO Herbert-Jones' early exit

2y Chris Warmoll, Writer
blur group finance chief leaves to face bankruptcy hearing

Legal blur group finance chief leaves to face bankruptcy hearing

3y Chris Warmoll, Writer
Ex-PwC FS head replaces Rosemary Thorne as Santander UK audit chair

People Business Ex-PwC FS head replaces Rosemary Thorne as Santander UK audit chair

3y Kevin Reed, Writer
Colin: Fantasy finance for Disney CFO

People Business Colin: Fantasy finance for Disney CFO

2y Taking Stock
Ex-Aero Inventory FD struck off and fined by FRC

People Business Ex-Aero Inventory FD struck off and fined by FRC

2y Chris Warmoll, Writer
Friday Afternoon Live: 'Posh' accountants; The CFO Agenda 2015

People Business Friday Afternoon Live: 'Posh' accountants; The CFO Agenda 2015

2y Kevin Reed, Writer