New guard at Premier Foods but same old battles to win.

B Premier Foods removed some uncertainty last week after installing a new chairman and permanent CEO but then added another element by revealing its finance chief will leave the heavily-indebted UK food manufacturer. But perhaps more significant was a new chairman in Colin Day, who spent a decade at food firm Reckitt Benckiser as finance chief and was recently the CEO of London-listed Essentra, which produces electronic components and associated accessories, along with two non-executive directors. Black says: "In terms of the brand portfolio, [Premier's] in the space where supermarkets are, in the main, rationalising footage, so it's really important they have a leading market position. [Extracted from the article]