Directorate Change

Glanbia PLC

04 May 2023

 

Board Director appointment

4 May 2023, Glanbia plc, the better nutrition company, is announcing the appointment of Ms Gabriella Parisse to its Board as an Independent Non-Executive Director effective 1 June 2023. On appointment Gabriella will also join the Board Development Committee.

Gabriella brings to the Glanbia Board significant experience in consumer brand development, the food ingredients industry, innovation and strategic leadership of multinational businesses.

Gabriella is an Italian citizen and currently resides in the USA where she is President and CEO of Velcro Companies, a global manufacturer of innovative fastening solutions for a broad range of end markets. She has more than 35 years of international experience in consumer goods and business to business industries with a track-record in accelerating growth, brand building and innovation. For a significant proportion of her career she has been performing senior roles based in North America. Gabriella joined Velcro Companies in October 2018 as Chief Marketing Officer & President of the Consumer division, and prior to her appointment as CEO in 2021 served as Chief Growth Officer.

Since 2022, Gabriella also serves as a member of the New England Advisory Council of the Federal Reserve Bank of Boston.

Prior to Velcro Companies, Gabriella served on the Executive Committee of Tate & Lyle plc a global food ingredients business, as President, Innovation and Commercial Development, reporting to the CEO. Previously, Gabriella spent 26 years with Johnson & Johnson. She served in a variety of global senior leadership roles with increasing responsibility in marketing, innovation and business development, including President of Johnson & Johnson Consumer Italy and Vice President, Skincare for Europe, Africa and Middle East.

Gabriella holds a master's degree in Statistic & Demographic Sciences from La Sapienza University in Rome. In 2009, she was awarded the Order of Merit for Labor title ("Cavaliere del Lavoro") by the President of the Italian Republic.

Compliance with Listing Rules

Gabriella has notified Glanbia plc that, save as disclosed herein, she does not have any details to be disclosed as required under Paragraph 6.1.66, Chapter 6 of the Euronext Dublin Listing Rules and Paragraph 9.6.13, Chapter 9 of the UK Listing Rules.

Board structure

Following Gabriella's appointment, the Board will comprise of 13 members including, the Chairman, two Executive Directors, three representatives from Tirlán Co-operative Society Limited and seven Independent Non-Executive Directors. Female representation on the Board will increase to 46% including five of the seven Independent Non-Executive Directors.

ENDS

For further information contact

Glanbia plc [phone]

Liam Hennigan, Group Secretary & Head of Investor Relations: [phone]

Martha Kavanagh, Head of Corporate Communications: [phone]

 

END