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(Reuters) – Former Weetabix CEO Giles Turrell has been nominated for the position of Managing Director of Premier Foods Plc in Britain, Sky News reported Saturday without citing any sources.
Turrell, who oversaw the sale of £ 1.4 billion to America's Post Holdings Inc., has explored a number of privately funded deals since resigning as head of Weetabix, Sky News said.
No one at Premier Foods could be reached immediately for comment.
Oxo's first food maker, Mr. Kipling Cakes and Bisto Gravy, said in November that its then-CEO, Gavin Darby, was retiring under the pressure of an activist investor, N & # 039; 39, which has not prevented the stock price from falling since the proposed buyback two years ago. .
The company announced in February that it will examine options to enhance shareholder value following discussions with major investors.
Report by Rishika Chatterjee in Bengaluru; Edited by David Holmes
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