Pioneer Foods Chief Executive Officer Phil Roux has, after consultation with the Board, informed the Board of his decision to retire as Chief Executive Officer and as a director of the company, effective 1 October 2017. The company will retain his services as a strategic advisor until 30 November 2019, which will enable Pioneer Foods to continue leveraging his experience and expertise to the benefit of the group. The Board announced that Tertius Carstens will take over as CEO on 1 October 2017.

Tertius Carstens has been with the group since 1994 and has previously been an executive director on the Board of Pioneer.