Food and fruit juice company Del Monte Pacific Limited announced today the appointment of Kenneth Worsdale as its new CFO, effective March 24, 2003. He will concurrently serve as senior vice president and CFO of Del Monte Philippines, the principal subsidiary of the company. 
 
Worsdale, who will be based in the Philippines, succeeds Timothy Chu who is retiring after 25 years with Del Monte companies.

Worsdale, 50, a US certified public accountant and a South African chartered accountant, brings to DMPL over 20 years of experience in senior finance positions at major multinational companies. Most recently, he was CFO for the US-based United Agri Products subsidiary of the US multinational, Conagra Foods Inc.

Almost half of Worsdale's corporate career has been spent in Asia, where he held positions as Worldwide CFO for Camus International based in Hong Kong and Regional CFO for Dole Food Companies operations in Asia.

The board of DMPL thanked Chu for his dedicated service and many contributions to the company.