Why Aryzta took steps to restore investor confidence

The company's three top executives, including CEO Owen Killian, have resigned

Aryzta chief executive Owen Killian and CFO Patrick McEniff Pic: RollingNews.ie
Aryzta chief executive Owen Killian and CFO Patrick McEniff Pic: RollingNews.ie

Shares in Aryzta, the Swiss-Irish food group which owns Cuisine de France, rose by more than 20 per cent in Zurich this morning after it announced the departure of its three top executives and a review of its joint ventures in a bid to restore stability after a profit warning last month.

The company said that chief executive Owen Killian, chief financial officer Patrick ...