1. Shareholders Back Calls for Premier Foods Chief to Go

    Yahoo Finance BoardNews
    Shareholders Back Calls for Premier Foods Chief to Go

    The future of Premier Foods boss Gavin Darby is looking increasingly uncertain this weekend after two of the company’s biggest shareholders backed an aggressive campaign to oust him...

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    1. Unfortunately, the board rejected an offer from McCormick at 65p claiming Gavin could create more shareholder value. Today, the stock languishes at 40p while the management and the board keep their comfortable jobs.
    2. We plan to vote against Gavin Darby's re-election. After the failed McCormick bid, we don't think he can be trusted.

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