Chairman Designate Appointment

RNS Number : 0449S

Greencore Group PLC

27 November 2012

 



CHAIRMAN DESIGNATE ANNOUNCED AT GREENCORE GROUP PLC ("GREENCORE")

The Board of Greencore, the leading international convenience food business, announces today that Mr. Gary Kennedy will succeed Mr. Ned Sullivan as Chairman when he retires after the Annual General Meeting in January, 2013 after ten years in the role.

Gary Kennedy has been a Non-Executive Director of Greencore since November 2008. He is a Director of Elan plc as well as being Chairman of its Audit Committee, in addition he is a Director of Irish Bank Resolution Corporation Limited, where he also serves as Chairman of the Audit Committee. He is also Director of Friends First Holdings Ltd as well as Chairman of a number of private companies. Previously he was Group Director of Finance and Enterprise Technology at Allied Irish Banks plc and a member of its main board together with subsidiary boards in the USA and Poland. Prior to that, he was Group Vice-President of Nortel Networks Europe. He served on the Board of the Industrial Development Authority of Ireland for ten years until he retired in December 2005.                        

Ned Sullivan joined the Greencore Board in March 2002 having held senior management positions at Grand Metropolitan and having been Group Managing Director at Glanbia plc. He was appointed Chairman of Greencore in February 2003. During his tenure as Chairman he has successfully led the Company through its transformation from a commodity based agribusiness to a focussed, high performing international convenience food business.

Group Chief Executive Patrick Coveney said: "I would, on behalf of everybody associated with Greencore, like to thank Ned for his huge contribution to the Group over the past ten years. He chaired the Board during a period of enormous strategic, regulatory, marketplace, cultural and people changes. In doing so he demonstrated vision, resilience, wisdom, a collegial spirit and a deep knowledge and insight of the international food industry."

For further information, please contact:

Patrick Coveney	Chief Executive Officer	Tel: [phone]
Alan Williams	Chief Financial Officer	Tel: [phone]
Rob Greening or Lisa Kavanagh	Powerscourt	Tel: [phone]

About Greencore

·      A leading manufacturer of convenience food in the UK and the US

·      Strong market positions in the UK convenience food market across food to go, chilled prepared meals, chilled soups and sauces, ambient sauces & pickles, cakes & desserts and Yorkshire puddings

·      A fast growing food to go business in the US, serving both the convenience and small store channel and the grocery channel

                                                                27 November 2012

 

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