UK: Ex-CEO's son becomes Lees Foods boss
UK confectioner Lees Foods has appointed the son of its previous chief executive to lead the business.
Clive Miquel will take the Lees' helm just weeks after his 77-year-old father, executive chairman Raymond Miquel, unexpectedly quit the business.
Lees, which yesterday revealed that its first-half profits before tax were up by almost 50%, also announced that former Robert Wiseman Dairies director Chris Greig would take the role of chairman.
Greig,75, was also previously non-executive chairman of William Grant and Sons, and managing director of Invergordon Group.
Shares in UK milk supplier Robert Wiseman Dairies rose this morning (28 January) after the company said volumes and revenues were ahead of expectations....
Robert Wiseman Dairies has been forced to assure farmers that it only processes milk from UK suppliers amid concerns the company was sourcing from Europe....
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