Carbery Group has announced the appointment of Liam Hughes as group chief financial officer and executive director.
The international dairy, flavour and nutritional ingredient company noted that Hughes will take up this position in the coming months.
Hughes will succeed Colm Leen, who, after a 34-year career with Carbery, announced his retirement in 2022.
Originally from Fermoy, Co. Cork, Hughes joins Carbery from Kerry Group, where he has held several senior finance positions and global senior leadership positions in Europe and the US.
Hughes is a chartered accountant, as well as an experienced executive within the food industry, having held the role of president of Kerry’s North American Taste business, and most recently leading its Taste business in Europe.
Commenting on this appointment, Jason Hawkins, CEO, Carbery Group, said, “I am really pleased to welcome Liam to Carbery, after an extensive global search to find the right person for us. Liam joins at a crucial stage for our organisation, as we seek to build on 50 years of evolution and propel the company into the next phase of success.
“The group CFO is a pivotal role to achieve this, and I look forward to working with Liam and drawing on his extensive financial management and commercial experience, and also his strength in driving growth supported by innovation, commercial expertise, and new approaches.”
Financial And Commercial Experience
In joining Carbery, Hughes brings with him ‘deep financial and extensive commercial experience, and a successful track record for driving growth and delivering large transformation initiatives, both nationally and internationally.’
Cormac O’Keeffe, chairman, Carbery Group, added, “Liam’s knowledge, combined with his strong financial acumen and global experience, makes him very well suited to build on the strong foundations that are in place at Carbery.
“On behalf of the board, I welcome him and look forward to working with him. I would also like to reiterate our thanks to our outgoing CFO, Colm Leen, for his many years of commitment to Carbery and wish him all the best for the future.”
Headquartered in Ballineen, Co. Cork, Carbery is owned by four Irish cooperatives – Bandon, Barryroe, Drinagh and Lisavaird – and employs over 1,000 people, with 1,215 local farmer-suppliers.