Glanbia names new chairman

Glanbia is appointing an independent non-executive director, Donard Gaynor, as chairman in place of Martin Keane as of 8 October 2020. Keane will remain on the board of the company until his normal retirement at the 2021 annual general meeting.

Gaynor has been a director of Glanbia since March 2013 and is chairperson of the 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. Gaynor retired in December 2012 as senior vice president of strategy and corporate development of Beam, a US-based premium spirits company.

Given his board tenure, it is intended that Donard will be chairman of the company until no later than the 2022 AGM, at which point he will have served on the board for nine years. The company will announce a successor to the chair in advance of that date. 

Commenting on this announcement, Gaynor says: “It is a privilege to be appointed chairman of Glanbia. 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. On behalf of the board I want to thank Martin for his stewardship of the group, in particular for his leadership through the current Covid-19 pandemic.”  

Keane says: “I would like to thank Siobhán Talbot and my board colleagues for their support during my tenure as chairman. Since joining the board Donard has brought experience and energy to Glanbia and in his role as remuneration committee chair, he has led prior engagements with our shareholders. I know he will use those qualities and his experience to make an excellent chairman. I would like to wish Donard well as he takes up his new role.”

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