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2008-03-05 10:26:27 CET 2008-03-05 10:27:24 CET REGULATED INFORMATION Bakkavör Group hf. - Changes board/management/auditors- Changes to Bakkavör Group's Senior Management Team - Appointment of a new Chief Financial Officer (CFO)Reykjavik, 5 March 2008. Richard Howes has been appointed Chief Financial Officer (CFO) of Bakkavör Group, succeeding Hildur Árnadóttir who has served as CFO of the Group since 2004. Hildur has assumed a new role, working directly for Ágúst Gudmundsson, CEO of Bakkavör Group, and Lýdur Gudmundsson, Chairman of the Group, and she will also serve on the Board of Directors of various companies in which they hold an interest. Richard Howes has been with Bakkavör Group for nine years and has worked in various finance roles within the Group since he joined Geest PLC in 1999 as Corporate Finance Manager. Richard has served as Group Finance Director since May 2006. Prior to joining the Group, Richard worked in Corporate Finance at Dresdner Kleinwort Benson in London. Richard is a qualified Chartered Accountant. Further information: Ágúst Gudmundsson, CEO Tel: +44 (0)20 7266 6400 Ásdís Pétursdóttir, IR Tel: +354 858 9715 About Bakkavör Group Bakkavör Group is a leading international food manufacturing company specialising in fresh prepared foods and produce. The Group operates 57 factories and employs over 20,000 people in nine countries. The Group's Head Office is in Reykjavík, Iceland, and the business is listed on the OMX Nordic Exchange in Iceland (www.omxgroup.com/nordicexchange Ticker: BAKK). The Group's vision is to be recognised and respected as the world's leading fresh prepared foods and produce provider. Bakkavör Group has attained leading market positions in its key market areas. In total, the Group makes over 4,700 products in 17 product categories, which are developed and sold predominantly under its customers' own brands. In addition to the UK and Iceland, the Group also has business operations in France, Belgium, Spain, South Africa, China, the Czech Republic and the USA. To subscribe to Bakkavör Group's mailing list, please mail to: investor.relations@bakkavor.com |
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