US pasta maker American Italian Pasta Company (AIPC) has announced that Horst Schroeder has resigned his position as chairman of the board of directors, effective 17 October 2005.
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Schroeder has served as the chairman since June 1991 and remains a member of the board of directors. APIC said Schroeder will continue to receive the base compensation called for under his existing consulting agreements with the company to 30 September 2006.
The company also announced that William R. Patterson has been elected as the new chairman of the board of directors. Patterson has been a director since 1997 and will also continue to serve as the chairman of the audit committee of the board of directors.
