UK: Further resignation from Bulmer board
The struggling cider producer HP Bulmer Holdings announced today that its executive director Tim Furse has tendered his resignation.
In a statement the company said he had done so "in order to pursue his career outside the company."
He will leave the business at the end of May 2003.
The company added that in the period up to May, Furse will focus his attention on the implementation of the company's international strategy.
As well, Furse steps down from his position as a member of the board of directors of HP Bulmer Holdings, with immediate effect.
Furse's resignation is the latest in a line of senior departures from the company. Having seen its shareprice plummet from 429p to as low as 73p in 2002, after issuing a string of profit warnings, Bulmer lost both its CEO and financial director.
However, in December the company confirmed reports that Miles Templeman, formerly the head of Whitbread Beer Company, before it was acquired by Interbrew, had accepted the job as the new CEO.
The global roll-out of InBev's Brazilian beer, Brahma, adds a third premium brand to the global brewer's international portfolio but some observers have suggested it's an unnecessary step which threat...
SUN Interbrew is looking to relinquish its stake in Pivoindustriya Primorya....
Interbrew UK has poached two marketing managers from rival brewers....
Interbrew is to place a £1m support package behind its Czech brand Staropramen in the UK....
InBev has announced that the deadline for the receipt of acceptances for the recommended offers of US$33.41 for the remaining Class A (non-voting) shares in SUN Interbrew, along with Class A Securitie...
SUN Interbrew is looking to buy into a Siberian brewer, according to local press reports....
Interbrew UK has announced plans to launch a new speciality beer....
InBev has extended the deadline for the receipt of acceptances for the recommended offers of USD33.41 in cash for the remaining shares and Securities that it does not already own in SUN Interbrew (SIL...
- Analysis - SABMiller to add bolt-ons in Africa?
- A-B InBev's Move on Tennent's Super Makes Sense
- India: Everyone's Favourite Spirits Market
- Brand Diversification Driving Craft Brewery Growth
- Analysis - Stock Spirits: Poland's number one
- Diageo scraps Arthur's Day, but singer left sad
- Pernod Ricard's Café de Paris Pear, Pomegranate
- PepsiCo CEO sees "profound" change in US consumers
- William Grant sinks GBP185,000 into "No" camp
- SodaStream silent on John Lewis pullout in UK