Hilton Food Group reveals leadership changes, Philip Heffer appointed CEO
Hilton Food Group has announced a set of significant changes to its leadership team, with Philip Heffer set to take over as Chief Executive Officer.
In a statement released on Wednesday, the British food packaging firm - which took nearly £1.4bn in revenues in 2017 - confirmed Heffer, currently Chief Operating Officer, will replace Robert Watson as CEO with Watson becoming Executive Chairman.
Current Chairman Colin Smith is to retire at the beginning of July, bringing to an end an eight-year association with the company and drawing his two-year tenure as Chairman to a close.
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"I have worked closely with Philip for the past 24 years and I am confident he is the right person to succeed me as CEO," said Watson. "Colin has made a significant contribution to Hilton’s successful growth over the last eight years. He leaves with our thanks for his contribution and with our very best wishes."
Heffer will assume day-to-day responsibility for the Group's operations with the same levels of delegated financial and operational authority as the CEO role has previously held. In his new position, Heffer will earn £447,000 per annum while Watson will pick up £382,000.
Hilton has also appointed Angus Porter to the Board as a Non-Executive Director, a public company veteran having held numerous executive and non-executive roles across a range of industry sectors including Mars, BT, Abbey National and WPP.
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