US - The chief executive of US meat processor Bob Evans Farms, Steve Davis, has stepped down as both CEO and a director of the company.
While the official change will take place immediately, Mr Davis (pictured) will remain with the company until the end of the year to help with the transition process.
The company has established an interim office of the chief executive to provide ongoing leadership and oversight of the day-to-day operations of the company while a search is conducted for a new CEO.
Mark Hood, the chief financial officer, will take the helm as acting CEO together with Mike Townsley, president of the Bob Evans Foods business unit. Both will remain in their current positions while carrying out their new responsibilities.
Mary Kay Haben, non-executive chair of the Bob Evans Board, said: “The independent directors unanimously concluded that as the company strives to improve performance, it would benefit from new leadership and enhanced execution.
“We thank Steve for his tireless efforts, dedication and many significant achievements as CEO of Bob Evans for over eight years, and we wish him the best in his future endeavours.
“We have a strong, dedicated organisation, and are confident in Mike and Mark’s ability to lead the company as we conduct a search for a new CEO. We look forward to a smooth transition.”
“Over the last eight years, we have transformed Bob Evans Restaurants and the Bob
Evans Foods business unit, created a great leadership team and brought our business and community involvement to the next level,” said Mr Davis.
“I am proud of the legacy we have built and am confident the team will continue to build on our sales and profit growth.”
TheMeatSite News Desk