Branded and private label snack foods maker Lance has announced that its vice president, chief financial officer and secretary, B. Clyde Preslar, will be leaving the company effective 12 August 2005.


Preslar joined Lance as vice president and chief financial officer in 1996.


“I am very appreciative of the opportunity to serve as CFO of Lance during the past nine years,” said Preslar, who is leaving to assume a similar role with another company. “The company has great momentum at this time and a number of positive opportunities ahead of it.”


Lance will initiate a search for a successor immediately. In the interim, David V Singer, president and chief executive officer, will assume Preslar’s responsibilities as chief financial officer. Singer has held his current position at Lance since May 2005. Prior to joining Lance, he served as chief financial officer of Coca-Cola Bottling Co. Consolidated for 18 years.