Premier Foods Hires Mark Moran as CFO

Premier Foods, a large UK food producer, has hired Mark Moran as executive director and chief financial officer (CFO). Moran will join the group in early December and will replace Jim Smart, who will step down from the board on Moran’s arrival. Smart has agreed to remain with the company until early 2012 to ensure a smooth handover to his successor.

Smart has led the group’s financial strategy since joining Premier Foods in 2009 and has made a major contribution to the company. He agreed with the company that 2012 would be the right time to step down as the company’s new business plan is finalised and as its new financing arrangements are put in place.

Prior to joining the company, Moran’s most recent appointment was as group finance director of SSL International, a consumer healthcare company, recently acquired by Reckitt Benckiser. He has extensive experience of working with global brands gained from his six years at SSL, including strategic and day-to-day financial management, executive board responsibilities and investor relations. Moran was a non-executive director at Brixton between 2008 and 2009, where he chaired the audit committee.

His earlier career included senior roles at Porvair and Caradon. Moran trained as a chartered accountant with Arthur Andersen.

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