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Tate & Lyle rumoured to be seeking new chief

20-Apr-2009
Last updated on 19-May-2009 at 13:51 GMT

Unsubstantiated press reports have claimed Tate & Lyle is seeking a new CEO to replace Iain Ferguson, who has held the top job since May 2003.

According to articles in the Sunday Telegraph and Reuters, a recruitment firm has been instructed to seek Ferguson’s replacement – despite so announcement of his imminent departure.

Tate & Lyle has said the articles are “speculation”. The recruitment firm said to be leading the hunt is identifies as Egon Zehnder.

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