Retail Food Group’s Longest-Serving Non-Executive Director David Grant Resigns

Retail Food Group ( (AU:RFG) ) just unveiled an update.

Retail Food Group has announced the immediate resignation of non-executive director David Grant, the company’s longest-serving independent board member and chair of its Audit & Risk Management Committee, who joined alongside Executive Chairman Peter George in 2018. His departure removes a key figure who helped steer the company through a period of significant change, with the board acknowledging his extensive experience and steadying influence, and may prompt further evolution in RFG’s governance and oversight structures as it continues to manage its multi-brand franchise portfolio and expansion plans.

The most recent analyst rating on (AU:RFG) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Retail Food Group stock, see the AU:RFG Stock Forecast page.

More about Retail Food Group

Retail Food Group is a global food and beverage company headquartered in Queensland and Australia’s largest multi-brand retail food franchise manager. It owns well-known brands such as Gloria Jean’s, Donut King, Brumby’s Bakery, Crust Gourmet Pizza and Beefy’s Pies, holds the exclusive licence to expand Firehouse Subs in Australia, and operates manufacturing and roasting facilities including the Sunshine Coast Bakery and a Sydney coffee roastery.

Average Trading Volume: 52,192

Technical Sentiment Signal: Sell

Current Market Cap: A$96.54M

For a thorough assessment of RFG stock, go to TipRanks’ Stock Analysis page.