Australia’s hunger relief organisation, Foodbank Australia, has awarded four companies for their contribution towards tackling the pressing problem of hunger in Australia. The Australian Dairy Industry, SPC Ardmona, Patties Foods and Lotterywest received Foodbank Awards at the Australian Food and Grocery Council’s (AFGC) Annual Industry Leaders’ Gala Dinner, held in Canberra on Wednesday 2 November 2011. This year, Foodbank’s ‘Leadership Award’ was presented to the Australian Dairy Industry... ...Read more »

Patties Foods today announced a merger of their In-Home and Out-of-Home sales operations under one reporting structure, with the positions of GM Sales In-Home and GM Sales Out-of-Home being made redundant as a result. The news comes after a strategic review of the company’s sales operations. The company reported that Tim Peters would take charge of the newly combined division – accepting the role of Head of Sales, effective 18 January 2010. Mr Peters’ most recent role was with... ...Read more »

The new Chairman of Patties Foods has admitted to shareholders that the company has underperformed since listing in 2006, but is confident that the new leadership team can drive their high profile Australian food brands to new heights. “Clearly, (the) transition from a private company to a listed entity has not been without its difficulties,” Christopher Riordan said at the company’s Annual General Meeting in Melbourne yesterday. “In FY 2009, there was undeniably disruption... ...Read more »

Patties Foods has today informed investors that accounts to the end of October and estimates for November and December have ensured a positive revision to profit forecasts for the first half of the financial year. The maker of the Four ‘N Twenty pie said they anticipate net profit after tax to be in the range of $7.25m to $8.75m – considerably above the $4.7m figure reported last year. Patties said the profit growth was due to a number of factors including stronger sales, improved manufacturing... ...Read more »

Patties Foods has today announced the appointment of John Schmoll as an independent, non-executive director of the company. The move, effective immediately, will also see him assume the role of chairman of the audit committee. “John brings to the Board a distinguished executive career, culminating in his role as Chief Financial Officer of Coles Myer Ltd until his retirement in 2002,” Chairman, Chris Riordan, said. Mr Schmoll is currently Chairman of Breville Group Ltd and, since 2005,... ...Read more »

The maker of the Four n’ Twenty pie has today announced a 21.3 per cent decline in profit despite seeing sales up by 9.3 per cent in the 2008/09 Financial Year. Patties Foods advised that the main catalysts for the “disappointing” result were difficulties in completing commissioning of the new bakery plant in the first half – which led to reduced customer supply levels and higher costs; increased marketing spend to “regain market share and shelf presence”; and... ...Read more »

Patties Foods today advised that they would be moving the frozen fruit operations of Creative Gourmet and Chef’s Pride from Silverwater in NSW to the company’s main production facility in Bairnsdale, Victoria. The decision to shut down the Silverwater facility follows a strategic review of the Creative Gourmet and Chef’s Pride business, which was acquired in May 2007, and after “careful consideration of how to optimise the long term performance of the business”, the... ...Read more »

Patties Foods, the maker of the iconic Australian Four’N Twenty meat pie, has selected their new Chairman – eight months after the resignation of Peter Kempen as “unforseen delays” slowed down the process. Mr Chris Riordan will assume the role, bringing with him his board experience from the FMCG food sector – having been Deputy Chairman and then Chairman of SPC Ltd and Deputy Chairman of Golden Circle Ltd. Acting Chairman, Ernest Barr, said Mr Riordan’s previous board... ...Read more »

Patties Foods, the Australian makers of Four ‘n Twenty pies, has reported “unforseen delays” in their attempts to find a suitable Chairman following the resignation of Peter Kempen in November last year. Acting Chairman Ernest Barr admitted that the search was taking longer than forecast upon providing an update to the market this morning. “Our Search Consultants, after extensive research, compiled lists of potential candidates in February – March 2009,” he advised.... ...Read more »

The Board of Directors of Patties Foods have advised that Greg Bourke, who was chosen as Chief Executive Officer in September 2008, has been appointed as Managing Director of Patties, effective yesterday (26 March 2009). Mr Bourke was recruited from the position of CFO at George Weston’s Don Smallgoods division after Dr Michele Allan resigned. He had spent 20 years with George Weston Foods before the move.  Read More →