Directors of leading UK food companies are staying in their jobs for about a year as the industry shifts from long-term vision management to quick fix solutions, a report has found.
Last year a staggering 589 new directors were appointed to the UK's leading 500 companies, a record number, Plimsoll Publishing found. They said this is an "unsustainable position."
Analysts concluded that this situation is potentially putting businesses under severe financial pressure, which in turn could effect a company's competitiveness.
Around a third of businesses are already loosing money because of high management turnover.
This turnaround culture also means new directors can "easily slip away" leaving others to pick up the pieces, Plimsoll warned.
Read the full FoodProductionDaily.com story here.
Latest from Quality Assurance & Food Safety
- FDA, CDC Investigate Salmonella Outbreak Linked to Live It Up Dietary Supplement Powder
- USDA FSIS Announces New Deputy Administrator of Field Operations
- ProVeg Incubator Launches Fast-Track to Impact Program for Alt-Protein Startups
- Kerry Releases 2026 Global Taste Charts
- FDA Shares Australia Certificate Requirements for Bivalve Molluscs and Related Products
- FDA Announces Update from CFIA on Certificate Requirements for Certain Meat, Poultry Products
- NIMA Partners Introduces the Next-Generation NIMA Gluten Sensor
- IFT to Host Community Conversation on Dietary Guidelines for Americans, 2025-2030 Report
