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Investigations

Completed inquiries

Heinz / HP Foods Group

current item indicator  Disclosures of Interest

Disclosures of interest

Heinz / HP Foods Group

Members’ interests:

Peter Freeman, Deputy Chairman of the Competition Commission, has appointed Professor Cosmo Graham to the Group that is conducting this investigation.

Professor Graham owns 1,795 shares in Unilever NV. Neither Professor Graham, nor the CC, believes that this matter will prejudice the ability of the Group to discharge its functions in an independent and impartial manner.

Staff interests:

Rodney Richards, a member of staff working on this inquiry, has a 50% interest as residuary beneficiary in his late father’s estate of which he is an executor. The estate holds the following shares: 4000 shares in Tesco and 524 shares in Whitbread. Mr Richard’s children have a 21.4% interest in a family trust of which Mr Richards is a trustee and which holds 1,117 shares in Compass, 599 shares in Sainsbury and 1,495 shares in Unilever. The CC does not believe that the matters disclosed above in relation to Mr Richards affect his ability to act impartially and independently in advising the Group.

 


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