Real Good Food FD Mike McDonough to step down

22nd Jul 2015 08:18

(ShareCast News) - Real Good Food, the AIM-listed diversified food company, has announced its group finance director Mike McDonough will leave the business with effect from 31 August.Giving details in a statement on Wednesday, the company said after the sale of Napier Brown Sugar unit for £34m to French group Tereos, it had decided to relocate the group finance function to its London Head Office, at the same time as devolving greater financial responsibility and accountability to strengthened local finance teams in the individual business units.As a result of the move, McDonough, who is currently based in the North-West, decided to leave the company.McDonough, group FD since 2009, will remain available to provide support over the coming months during the transition period, the company added.