A boardroom shake up has just been completed at the Peterborough-based Produce World Group, as it announces a third successive profitable year.
The company, which has its head office in Lynch Wood, has streamlined its management structure to meet new challenges.
The changes were announced to a meeting of shareholders and involve chairman Neil Fraser becoming both chairman and chief executive.
In addition, William Burgess, who was chief executive, becomes vice-chairman and strategy director. Jason Burgess, group farming director, and Andrew Burgess, director of agriculture, take on more strategic, ambassadorial and advisory roles as part of the group’s investment board and will be less involved in the day-to-day running of the company.
Other direct reports to Neil Fraser will include group HR and organisation development director, David Frost, group finance director, Phil Jones, group commercial director, Frank Robinson, group procurement and trading director, Jon Campbell, and the new post of group supply chain director.
Mr Fraser said: “Retailing is more competitive than it has ever been and there have been big changes in the way that consumers shop which have impacted on volumes. Only the most efficient and agile businesses will thrive in this environment. We have done well to deliver a good performance over the past three years, but we cannot afford to rest on our laurels.”
Profits were £4 million on a turnover of £172 million for the year to the end of June 2014.