Raspberry Pi manufacturer ousts chief executive after run of bad results

Laurence Bain led Premier Farnell, which makes the educational mini-computer, for three years but saw stock plunge to a six-year low in July

Premier Farnell, which makes the Raspberry Pi mini-computer, has ousted its chief executive, Laurence Bain, following disappointing recent results.

Bain ran the company for the last three years after taking over from Harriet Green, who left to take charge of Thomas Cook. Mark Whiteling, Premier's chief financial officer, has been appointed as interim chief executive until a permanent successor is found.