UK dairy Express Dairies has announced that its finance director Paul Whitfield has resigned his position and will leave the company on 30 September.
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Paul Whitfield has held the position since 1998 when Express Dairies demerged from Northern Foods. Reasons for the resignation are unclear, but the company has said it is looking for a successor.
Express sold UHT milk and Frome Creamery for £33.1m (US$51.5m) to Milk Link earlier this year, in a move to ease some of Express’s debt, which was reported as £168.8m as of 31 March 2002.
The company has also said that trading is ahead of last year, despite challenging market conditions.
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