Uniq, the troubled European chilled foods group, has announced that chairman Nigel Stapleton will be stepping down as chairman at the end of the year. He will be replaced by Ross Warburton, who joined the Board as deputy chairman in July this year.
"With the business entering a new phase and in recovery mode, I believe it is the appropriate time to hand over to a new chairman," said Stapleton.
The announcement came as Stapleton expressed confidence in delivering a significant turnaround in annual performance, sourced largely from a recovery in the UK. Speaking at Uniq's Annual General Meeting, he said: "UK sales were ahead in the first quarter by 3% compared to last year, primarily reflecting the impact of price increases." However he noted: "There remains a large focus on the recovery at Minsterly, which is still progressing slower than planned."