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FINWIRES

Premium Brands Says Third Female Director Search Ongoing

-- Premium Brands Holdings (PBH.TO) on Monday said it is currently searching for a third female board director.

After Kathleen Keller-Hobson retires at the May 6 annual meeting, and following the recent addition of a male director tied to the acquisition of Stampede Culinary Partners, only two of the eight board nominees this year are women, the company said.

The company also said it can appoint up to two additional directors between annual meetings and expects to name a third qualified female director within the next three months.

"The board is reviewing many able candidates and fully expects to strengthen the board's capabilities and to meet its board diversity policy, including its objective to have women constitute 30% of its directors," the company added.

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