October 30, 2020
Business Food & Drink News

Kilkenny food giant Glanbia announce changes at the top

The chairman of Glanbia will step down from his position this week, the local food giant confirmed today.

Martin Keane will step down as chairman of Glanbia Co-operative Society Limited with effect from Friday. Mr Keane will be replaced by Donard Gaynor (pictured), who has been a director of Glanbia plc since March 2013.

Mr Keane will remain on the Board of Glanbia Co-op until his normal retirement at the 2021 AGM.

“It has been an honour to serve as Chairman of Glanbia plc,” Mr Keane said in a statement. “I would like to thank Siobhán Talbot and my Board colleagues for their support during my tenure as Chairman.

Donard Gaynor is Chairperson of the Glanbia 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.

Mr Gaynor 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. In November 2016, he was was appointed Chairman of Hazelwood Demesne Limited ‘The Lough Gill Distillery’ Company.

Glanbia said it is intended Mr Gaynor will be chairman of Glanbia until no later than the 2022 AGM, at which point he will have served on the Board for nine years. The company said it will announce a successor in advance of that date.

Commenting on his appointment, Mr 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.”


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