Patties Chairman and CFO both resign

Posted by James Ferre on 7th November 2008

Peter Kempen, the Chairman of Australian food manufacturer Patties Foods, announced his resignation as Chairman and Director on Wednesday.

“Peter became a Director of Patties Foods Limited in 2002 and Chairman of the Board in September 2005. He was one of the architects of the Company’s transition to public
company status in November 2006,” a company statement advised. “We thank Peter for his very significant contribution to the growth of Patties and wish him well in his business career.”

Selection and appointment of a new Chairman will take place as soon as possible,” Deputy Chairman Ernest Barr said. “In the interim, I will act as Chairman.”

Beth Schofield, Patties Chief Financial Officer and Company Secretary, also tendered her resignation and will leave in February 2009. Her position as Company Secretary has already been filled by Philip Thomas, who was the Company’s Secretary prior to Ms Schofield’s appointment.

“Beth joined Patties in 2007 and in her short time with the Company has made a great contribution to its growth,” the statement noted. “We will miss her and wish her future success.”