Stefan Barden jumps ship

Northern's finance director Simon Herrick, will take over as acting chief executive. Steve Henderson, financial controller, will become acting chief financial officer.

It is expected that these new appointments will remain in place during the period leading up to the completion of the proposed merger. As previously announced, should the proposed merger progress to completion, Simon Herrick will become group finance

director of the merged company, Essenta Foods.

Anthony Hobson, chairman of Northern Foods, said: "The board is grateful to Stefan for his successful leadership of the business over the past four years, which has helped to facilitate the merger with Greencore Group. Simon is well qualified to lead the business through the merger period, ably supported by the strong leaders of our branded and chilled divisions."

Simon Herrick said: "Early feedback from the proposed merger announcement with Greencore has been very positive. The Northern Foods team will continue to work hard and ensure we maintain the strength of our underlying business, which will in turn support the creation of Essenta Foods."

Stefan Barden said: "It has been a privilege to lead Northern Foods and our employees during the past four years. Together we have stabilised the business and created a platform for growth. I believe that the proposed merger with Greencore Group is a great result for customers, retailers, the food industry and the shareholders of both companies."