Premier Foods has ended a nine-month search for a new chief executive, appointing an insider to lead the business amid a strategic review and pressure from activist investors ( The Financial Times £ ). The maker of Mr Kipling cakes and Bisto gravy has shaken up its boardroom amid intense activist pressure ( The Times £ ). The troubled owner of Mr Kipling cakes took the unusual step of appointing a new chief executive and chairman at the same time as it seeks to plug a leadership vacuum ( The Telegraph ).