Cake maker Inter Link Foods has announced that Chris Neilson has agreed to step down from the board and resign as the company’s business development director and company secretary with effect from 30 September 2005.
Chris Neilson’s responsibilities will be assumed by members of the board.
“Chris joined the board as finance director in March 1997 ahead of our successful flotation on AIM, when the group had just reported a profit before tax of £117,000 (US$210,000) on turnover of £5.4m,” said executive chairman Alwin Thompson. “In July this year, the group reported a profit before tax of £5.9m on turnover of £98.1m.
“Since Chris joined the group, he has been involved in the group raising £21.5m net of costs and making 9 acquisitions and has been a key member of the executive team,” he said. “On behalf of my board colleagues I would like to thank Chris for the dedication and commitment he has shown to Inter Link Foods through a period of tremendous growth for the group. His skills and leadership have been invaluable to the company’s development and we wish him well for the future.”