Dairy Crest appoints FD Tom Atherton as deputy chief executive

Since his appointment to the board in 2013, Atherton, who will retain his responsibilities as FD, has taken on additional responsibilities including the chairmanship of Frylight, the strategic leadership of the company's butters, spreads and oils business, and more recently the chairmanship of the ingredients business.

Dairy Crest said his appointment as deputy chief exec "recognises the additional responsibilities which Tom has assumed as well as his important contribution to the business".

Chief executive Mark Allen said: "I am delighted that Tom has been appointed deputy chief executive. He is an integral part of the Dairy Crest management team and this appointment will allow him to focus his attention on broader aspects of the company's development. This new role recognises his many achievements but is also a reflection of the increased responsibilities he is taking on.

"I look forward to continuing our successful partnership and working together in the years to come."

Shore Capital said it has had "a good and long interaction with Mr Atherton" and welcomes his appointment.