Global nutrition group Glanbia has today announced that it has appointed Donard Gaynor as its new chairman.
He will succeed Martin Keane with effect from 8 October 2020, in his new role.
Keane will remain on the board of the company until his normal retirement at the 2021 AGM.
“It has been an honour to serve as chairman of Glanbia plc, I would like to thank Siobhán Talbot and my Board colleagues for their support during my tenure as chairman," Keane said.
Gaynor has been a director of Glanbia plc since March 2013 and is chairperson of the Remuneration Committee and a member of both the Audit Committee and Nomination and Governance Committee as well as board director with responsibility for workforce engagement.
He retired in December 2012 as senior vice president of Strategy and Corporate Development of Beam, Inc., the premium spirits company previously listed on the New York Stock Exchange, based in Chicago, Illinois.
A Fellow of Chartered Accountants Ireland and the American Institute of Certified Public Accountants, he joined Beam Inc. in 2003 as senior vice president and managing director – International.
Prior to this, he served in a variety of senior executive leadership roles with The Seagram Spirits & Wine Group in New York and was also Audit Client Services Partner with the New York office of PricewaterhouseCoopers.
In November 2016, Gaynor was appointed chairman of Hazelwood Demesne Limited ‘The Lough Gill Distillery’ company.
Given his Board tenure, it is intended that Gaynor will be chairman of the company until no later than the 2022 AGM, at which point he will have served on the Board for nine years. The Company will announce a successor to the chair in advance of that date.
Commenting on this announcement, Gaynor said: “It is a privilege to be appointed Chairman of Glanbia plc."
"I look forward to working with the Glanbia team and my Board colleagues on the successful delivery of strategy and value creation for our stakeholders," he added.
© 2020 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. Click sign-up to subscribe to Checkout.