, Singapore

Pascal De Petrini resigns as Fraser and Neave's CEO, food and beverage

The Board will immediately commence an internal and external search for a suitable replacement.

The Board of Fraser and Neave announced the resignation of Pascal De Petrini as chief executive officer, food and beverage effective 9 July 2013.

The Company and Mr De Petrini, 53, have mutually agreed to the effective date to facilitate a handover of his duties and projects, according to a Fraser and Neave report.

He was appointed to the post 1 October 2011.

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