NETHERLANDS – Food group Wessanen’s chief executive Mac Zondervan said this week that he would resign of company forecasts for 2003 were not met, after the company reported disappointing results for the six months to 30 June.

With the results the company, which makes cheeses and cereal products, slashed its earnings forecast for 2002. Wessanen blamed the results on its American natural foods division Tree of Life. It said that it now expects earnings per share of just