Dairy crest group plc is a leading british dairy products company. Ceo mark allen and fd tom atherton update on performance and innovation across the key brands plus the factors behind the key numbers including an improvement in cash flow and increase in net debt. Dairy crest ceo mark allen has stepped down from his position weeks after saputo completed its. Its brands include cathedral city cheddar cheese, country life butter, utterly butterly, vitalite and clover. Saputo announces new executive leader deli market news. Mark allen, the chief executive, said expansion of the factory was great news for the local area. Mark is running the dairy division at the moment, but. Interview with dairy crest ceo dairy industries international. Dec 28, 2015 there arent many companies that sell twothirds of their turnover, says mark allen, dairy crest chief executive, in an interview with the financial times. May 10, 2019 canada canadian dairy processor, dairy crest has announced that mark allen is stepping down as chief executive of dairy crest after successful completion of the takeover.
Dairy crests ceo mark allen, for services to the uks dairy sector utterberry managing director, heba bevan paul flanagan, secretary general of ukspace trade association. His replacement at dairy crest will be 45yearold mark allen, who already works for the company in charge of the dairies unit. Dairy crest dairy products limited 008791 company status active correspondence address 5 the heights, brooklands, weybridge, surrey, england, kt 0ny. May 10, 2019 dairy crest ceo mark allen has stepped down from his position weeks after saputo completed its. He will be replaced by tom atherton, dairy crests current chief executive and group finance director, who will step into the role of president and chief operating officer of saputos dairy division uk. A canadian takeover of cathedral city cheese maker dairy crest looks likely to deliver a. Ian merton managing director and associate director now retired from stated roles but working on expanding 2 new business projects. The ftse 250 business on friday recommended a bid from canadian. He will be replaced by tom atherton, dairy crests current chief executive and group finance director, who will step into the role of president and chief operating officer of. Dairy crest ceo mark allen steps down after saputo takeover. Quarterly report for the third quarter of the fiscal year 2019. Dairy crest has told bbc surrey that virtually all its 1,100 jobs in the uk are safe, including the 150 at its head office in surrey, which is still set to move from claygate to weybridge in the. Allen joined dairy crest in 1991 and became the dairy processor s ceo in 2007 dairy crest s new owners saputo have replaced longserving ceo mark allen with his deputy ceo and group finance director tom atherton. Dairy crest name to disappear as it rebrands to saputo dairy.
Saputo dairy uk, a trading name of dairy crest limited, is a leading british dairy products company. End of era for dairy crest name in saputo takeover farmers. Dairy crest boss mark allen s pay doubled last year. Grant to mr allen of nil cost options relating to the value in dairy crest group plc ordinary 25p shares of the 20162017 interim dividend calculated by reference to the closing midmarket price on share options initially granted to mr allen in 2014 under the dairy crest deferred bonus plan 2014. Dairy crest riding a wave downward business the times. There are currently 5 active directors and 1 active secretary according to the latest confirmation statement submitted on. Dairy crest annual report and accounts for the year ended 31 march 2017. Dairy crest, the uk dairy company behind products such as cathedral city cheddar, was bought by saputo in a deal worth just under. Mark allen currently holds the position of a director company director in dairy crest group limited, director managing director in dairy crest dairy products limited, director managing director in dairy crest france holdings 1 limited, director ceo in howden joinery group plc and. Dairy crest limited is an active company incorporated on 23 december 1986 with the registered office located in weybridge, surrey. Dairy crest ceo mark allen steps down following saputo takeover. Exporters recognised in new years honours list gov. Mark allen is stepping down as chief executive of dairy crest.
Mark allen explains the work of the the princes rural action programme. Dairy chief knows only the right formula will show the. London alliance news dairy products company dairy crest group plc said friday that chief executive director mark allen and his wife elizabeth sold a total of 160,000 shares. Obermatt winnerprofile for mark allen dairy crest at the obermatt ceoofyear rankings. Dairy crest said it was a top20 food grocery brand, found in more than half of all. He has held a number of different roles across the cheese, milk and spreads functions, leading major site transformation projects and performing various operations director and supply chain director roles.
End of era for dairy crest name in saputo takeover. Dec 29, 2018 dairy crests ceo mark allen, for services to the uks dairy sector utterberry managing director, heba bevan paul flanagan, secretary general of ukspace trade association. Allen, who will remain with the business as part of a transition period until july, said he had enjoyed every minute of my time with dairy crest and had the pleasure of working with, and for, some amazing people. Dairy crest loses taste for uk milk production with muller. May 14, 2019 dairy crests chief executive mark allen is stepping down just weeks after canadian dairy processor saputo took over. Dairy crest ceo mark allen steps down following saputo. Dairy crest france holdings 1 limited 03215320 company status active correspondence address 5 the heights, brooklands, weybridge. Dairy crest chief executive mark allen it may have been a business built to deal with leftovers but, even by its own standards, dairy crests latest venture is a little different. Last week, dairy crest shocked producers and investors alike by announcing a. Dairy crest is committed to supporting all of our farmers through this challenging time. Like any good excopper mr allen, now chief executive of dairy crest, is tightlipped about his work, refusing to disclose if he made any big drug busts. In 2007 mark allen was appointed ceo of dairy crest group plc lon. Following a mutually agreed upon decision and the successful completion of the transaction, mr. What does dairy crests sale mean for the future of uk dairy.
Dairy chief knows only the right formula will show the whey. Until december 2015, the company used to process and sell milk, wholesale and. Mark allen, ceo dairy crest and chair the princes rural. Filter appointments filter appointments current appointments total number of appointments 41 date of birth july 1959. Allan mees i wrote to mark allen ceo dairy crest about. Mark allen nonexecutive consultantchairman mae consulting. Dairy crest boss mark allen has seen his pay go up by almost 50 per cent in the past year, despite the firm reporting a 59 per cent fall in profits. Dairy crests chief executive mark allen is stepping down just weeks after canadian dairy processor saputo took over. Canadas saputo said the move had been mutually agreed upon following the completion of the near. Canadian dairy company saputo has revealed a change at the top of dairy crest, the. May, 2019 dairy crest chief executive mark allen is to step down just a month after canadian company saputo took over the firm. He is replacing longserving dairy crest chief executive officer, mark allen.
List of obermatt pins for achieved performance in the competition uk 200 ranking, united kingdom. Farmers weekly caught up with dairy crest chief executive mark allen to get his thoughts on the. Mark joined dairy crest in 1998 as a general manager within the cheese business. Dairy crest boss steps down following saputos acquisition. Dairy crest annual report and accounts for the year ended 31 march 2018. Saputo or the company announces today an appointment in its senior management team following the acquisition of dairy crest group plc dairy crest on april 15, 2019. Tom atherton, dairy crest deputy chief executive and group finance director has been appointed president and chie. Dairy crest chief executive officer ceo mark allen has stepped down and been replaced by the companys deputy chief executive and group. Tom atherton, dairy crest deputy chief executive and group finance director has been appointed president and chief operating officer of saputos dairy division in the uk.
Chairman and trustee the not forgotten association. There are currently 5 active directors and 1 active secretary according to the latest confirmation statement submitted on 30th june 2019. Dairy crests new owners saputo have replaced longserving ceo mark allen with his deputy ceo and group finance director tom atherton. Mark allen currently holds the position of a director company director in dairy crest group limited, director managing director in dairy crest dairy products limited, director managing director in dairy crest france holdings 1 limited, director ceo in howden joinery group plc and director md cheese in dairy. Sap announces today an appointment in its senior management team following the acquisition of dairy crest group plc dairycrest on april 15, 2019. Mark leaves a powerful legacy dairy crest ceo steps. View mark allen s profile on linkedin, the worlds largest professional community. Dairy crest bid to give saputo a foothold in britain the. The dairy crest brand name will be replaced by saputo dairy uk from july, its new boss tom atherton has confirmed. It was listed on the london stock exchange, until it was acquired by saputo in april 2019. One of the largest dairy based businesses in the uk, the company processes cheese, spreads, and fresh milk for sale to major retailers and the food service industry, as well as supplies an array of. Industry commentator chris walkland said that the man at the helm of the uk dairy processor deserved a great deal of credit for achieving such a high value for the business.
View mark allens profile on linkedin, the worlds largest professional community. Dairy crest name to disappear as it rebrands to saputo. There arent many companies that sell twothirds of their turnover, says mark allen, dairy crest chief executive, in an interview with the financial times. Mr allen said he still believed that the uk was attractive to international companies and he believed that dairy crest was a fantastic business that will stand on its own two feet whatever. Canada canadian dairy processor, dairy crest has announced that mark allen is stepping down as chief executive of dairy crest after successful completion of the takeover also, mr. This analysis aims first to contrast ceo compensation with other companies that have similar market capitalization. Tom atherton who is currently dairy crests deputy chief executive and group finance director will take his place at the helm of the company. Interview with mark allen, ceo, and tom atherton, deputy ceo and fd. Adam braithwaite executive director at dairy crest. Hi mark, this takeover is a big deal with a sizeable headline figure whats your take. Financial news and information stock dairy crest group plc london stock exchange. Dairy crest group is happy to milk its profits from a stable of dairy products.
Mark allen, dairy crests chief executive officer, said that although the companys sales were almost exclusively in the united kingdom, there are plans to expand internationally including. Dairy crest boss to step down one month after takeover. Mark allen personal appointments free information from. Dairy crest chief executive mark allen will step down as chief executive following the takeover by canadian dairy giant saputo. Dairy crest ceo mark allen steps down news the grocer. Mark allen, current chief executive of dairy crest, is stepping down from his position. Transcript of video mark allen, chief executive officer dairy crest interim results for the six months ended 30 september 2018. Mr allen has worked for the company for 28 years and wills step down. Dairy crest chief executive mark allen is to step down just a month after canadian company saputo took over the firm. Jun 19, 2012 mark allen explains the work of the the princes rural action programme. Dairy crest chief executive mark allen on saputo takeover.
Ingredia launches blockchain for dairy ingredients. Watch this interview with mark allen, dairy crest ceo, explaining end of year results for 2014. Farmers weekly caught up with dairy crest chief executive mark allen to get his thoughts on the sale. Mark leaves a powerful legacy dairy crest ceo steps down. May 08, 2019 dairy crest ceo mark allen steps down after saputo takeover. Following the acquisition of dairy crest group, saputo announced a new appointment to its senior management team. Mark leaves a powerful legacy dairy crest ceo steps down after. The company, through its subsidiaries, handles publishing and communications for the health care, education, consumer, and businessto. See the complete profile on linkedin and discover marks connections and jobs at similar companies. Prior to dairy crest he spent 22 years in the biscuit.