Glanbia says that Mark Garvey will retire from the group following 13 years as chief financial officer (CFO). He will step down as CFO and from the Glanbia board on 30 March 2027 and will retire from the group on 30 April 2027.

Wendy Chang Smith, currently chief digital and transformation officer, will be appointed Glanbia CFO and an executive director on the company’s board on 31 March 2027. With immediate effect, she takes on the role of CFO designate of Glanbia.

Chang Smith was previously CFO of Glanbia’s performance nutrition segment. Before joining Glanbia in 2020, she held senior finance positions with Amazon, Kellogg, Johnson & Johnson and Proctor & Gamble, working in the US, Europe and Asia. She holds a Bachelor of Science (mathematics) and an MBA (finance) from Brigham Young University in the US.

Hugh McGuire, CEO of Glanbia says, “I would like to congratulate Wendy on her appointment as chief financial officer designate. She is a trusted leader within the company and brings significant finance, digital and transformation experience gained across the consumer branded and retail sectors. Her experience will be invaluable as we continue to execute our strategy, invest for growth and maintain our strong focus on financial discipline and delivering long-term value for shareholders.

“I would also like to warmly thank Mark for his outstanding leadership and significant contribution to Glanbia over the past 13 years. He has led the financial stewardship of the group through a period of significant change with a strong focus on disciplined capital allocation and cash generation that has enabled Glanbia to invest in growth and deliver strong returns to our shareholders. He leaves Glanbia on a firm financial footing, with an exceptionally strong balance sheet and well positioned for the future.”