Swiss bakery group ARYZTA said today (13 March) it had seconded David Wilkinson, a senior partner at KPMG in Dublin, as interim CFO with immediate effect.
Wilkinson, who is the head of KPMG’s advisory practice in Ireland, joins Aryzta on secondment “to support the executive management team during the management transition process”, the group said.
Go deeper with GlobalData
Wilkinson’s appointment follows last month’s resignation of the Aryzta’s CEO Owen Killian and CFO Patrick McEniff, as well as the head of its business in the Americas, John Yamin, amid a strategic review.
Aryzta said Wilkinson will report directly to the board chairman until a new CEO is appointed. Meanwhile, the group said it will “engage a leading international recruitment firm to assist the nomination and governance committee in the task of recruiting a new CEO as well as a permanent CFO”.
The group said its senior team, “together with executive management, will ensure Aryzta remains fully focused on delivering for its customers during a period of transition”.
Alongside the announcement, Aryzta, which in January warned its annual underlying profits were on course to be 20% lower year-on-year, today (13 March) reported a fall in its first-half earnings.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
