Greggs the Baker has reported much lower profits than expected - as a result, the company's share-price took a nose-dive this morning.
The Newcastle-based sandwich chain is blaming the bleak winter for a 4.4 per cent drop in sales in the last 17 weeks.
It has triggered a fall of more than seven per cent in the company's share price.
A spokesman says they do not expect any significant improvements in the short-term.
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The 60-year-old takes charge of the Black Cats with immediate effect.
What has the weekend got in store for the Tyne Tees region?
The operation took around three hours to complete, with the remains being disposed of by a specialist animal by-product company.