C&C Group Plc
08 November 2007
Retirement of Head of Cider Division
Brendan McGuinness to retire in May 2008
CCR.I CCR.L
Dublin, London, 8 November, 2007: C&C Group plc ('C&C' or the 'Group'), a
leading manufacturer, marketer and distributor of branded beverages in Ireland
and the UK, today announced that Brendan McGuinness, after 37 years with the
Group, has decided to retire with effect from the 1st of May, 2008.
Brendan McGuinness, 63, is currently Managing Director of the Group's Cider
Division which incorporates C&C's premium cider brands, Bulmers and Magners. He
joined C&C in 1971 as Marketing Manager and was appointed Managing Director of
the Cider Division in 1976.
C&C will announce its succession plans in due course.
Brendan McGuinness has been responsible for transforming the Cider category in
Ireland through the repositioning of Bulmers as a premium cider brand with a
significant share of the Long Alcohol Drinks market. He has also been the
architect of the international development of C&C's cider under the Magners
brand name, particularly in Great Britain.
Brendan McGuinness commented "C&C's Cider division has achieved phenomenal
success over the last twenty years and I have thoroughly enjoyed being part of a
great team which made this happen. Over the next six months I will lead the
implementation of change necessitated by the current trading and competitive
environment to ensure that we enter the next financial year with the appropriate
organisation structure in place to deliver long term growth."
Tony O'Brien, Chairman of C&C Group commented "Brendan has been central to the
successful development of the Group's cider business in Ireland and, more
recently, in the UK. He has made a significant contribution to the Group both
as Managing Director of the Cider Division and as a Board Member. The Board
would like to recognise and record its appreciation for his outstanding
contribution to the Group and to the broader industry."
About C&C Group plc
C&C Group plc is a leading manufacturer, marketer and distributor of branded
beverages in Ireland and the UK. C&C manufactures the leading Irish cider brand,
Bulmers, and the premium international cider brand, Magners, for export to the
United Kingdom, the United States and Continental Europe. C&C also exports
spirits and liqueurs, including the premium Irish whiskey brand, Tullamore Dew,
to over 80 international markets.
Investors and analysts Irish Media International Media
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Tel: +353 1 631 5500 Tel: +353 1 260 5000 Tel: +44 207 153 1523/1531
Email: c&cgroup@kcapitalsource.com Email: phughes@drurycom.com Email:orlebar@mcomgroup.com
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