The Grocer Cup Winner 2026: Alex Whitehouse, Premier Foods CEO
Bringing a company back from the dead is no easy feat. And doing so under the full glare of the public markets and watchful eye of activist investors only adds to the pressure. Just ask Alex Whitehouse. He was tasked with reviving the Premier Foods zombie. The Mr Kipling and Bisto owner had been brought to the brink of collapse following a reckless, acquisition-fuelled expansion programme started in 2004. By 2008, the groupβs debt binge, which included buying Ambrosia, Quorn and Hovis, took its obligation to lenders to Β£1.8bn. A Β£600m shortfall in its pension schemes also hoovered up any sparβ¦