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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Associated British Foods Plc | LSE:ABF | London | Ordinary Share | GB0006731235 | ORD 5 15/22P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
5.50 | 0.29% | 1,905.00 | 1,904.50 | 1,906.00 | 1,928.00 | 1,901.50 | 1,918.00 | 151,301 | 11:59:05 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Textile Goods, Nec | 20.07B | 1.46B | 1.9867 | 9.59 | 13.91B |
RNS No 6219d ASSOCIATED BRITISH FOODS PLC 4th December 1998 Associated British Foods plc Mr. Garry H. Weston, Chairman and Chief Executive of the Company has informed the Board it is his wish that these two roles within the company be split with effect from 1 June 1999 and that he wishes to relinquish, after 32 years, his position as Chief Executive of the Group. Mr. Garry Weston will remain as Executive Chairman of ABF. Mr. Peter Jackson will assume the position of Chief Executive with effect from that date. Mr. Jackson (aged 51), a director of ABF, is presently Chief Executive of British Sugar PLC, a wholly-owned subsidiary of the ABF Group. Mr. Weston said: I have now combined the roles of Chairman and Chief Executive of ABF for a considerable period of time and believe that in recognition of the continued growth in the size and complexity of the company's operations, and to ensure strong leadership and clear direction for the future, it is the time for these changes in our management structure to be announced. Mr. Peter Jackson is a present member of the Board of ABF. He has had a broad span of executive responsibilities before and since joining ABF as Chief Executive of British Sugar upon its acquisition. He already carries the responsibility for other major areas of the group's operations and has spearheaded the company's developments in the Far East since the group's investment commenced in those areas. Press enquiries to: G.H. Weston 0171-589 6363 P.J. Jackson 0171-589 6363 END BOAALLFIFELSIAT
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