The Glanbia plc board has announced that Siobhán Talbot has notified it of her intention to retire from Glanbia plc following ten successful years as group managing director of the company.
Talbot will step down from her position and from the Glanbia Board on 31 December 2023 and will retire from the group in January 2024, the company stated.
Hugh McGuire, currently chief executive officer of Glanbia Performance Nutrition will be appointed CEO of Glanbia plc and join the Glanbia Board as an Executive Director effective 1 January 2024.
Donard Gaynor, chairman of Glanbia plc, said, “On behalf of the Board I would like to express our deep gratitude to Siobhán for her leadership and contribution to Glanbia over the past ten years as Group Managing Director. A deeply principled and values driven leader,
Donard Gaynor
"Siobhán has provided outstanding strategic direction to Glanbia, reshaping the business and its culture to become a clear leader in the world of better nutrition. She led the creation of a focused business which is aligned to growing consumer trends with clear purpose and values, a strong balance sheet and continued ambition for growth which are all key parts of her distinguished legacy.
"The CEO appointment was the conclusion of an extensive selection process led by the Board’s Nomination and Governance Committee with the support of an executive search firm. Following this process, the Board is delighted to appoint Hugh McGuire as CEO of Glanbia effective 1 January 2024.
Siobhán Talbot
Siobhán Talbot, group managing director, Glanbia plc, commented, “It has been my great privilege to lead Glanbia over the past ten years. I am very proud of how the organisation has evolved, grown and strengthened over this period. It is well positioned for the next phase of growth with great people, culture and capabilities. I want to thank my leadership team and all my colleagues right across the Group for their hard work and commitment to Glanbia and their personal friendship.
"I would like to wish Hugh well as he takes the helm in 2024 and I look forward to working with him on the leadership transition over the coming months. I know how passionate and committed to Glanbia he is and I have no doubt he will drive the Group forward in pursuit of its strategic focus on better nutrition.”
Hugh McGuire
Hugh McGuire, CEO of Glanbia Performance Nutrition, added, “I am honoured and delighted to have been appointed as the next CEO of Glanbia, an organisation I have been proud to serve over the last 20 years. It is a business and a sector that is closely aligned to my own passions and values and I’ve been privileged to be part of its transformation journey. Siobhán leaves Glanbia in a very strong position for future growth and I’d like to sincerely thank her for all her support over the years.
"My focus will be to build upon these strong foundations for the benefit of all stakeholders in the years to come. Glanbia has great nutritional ingredients, brands and businesses, serving exciting categories in health and wellness that truly support our consumers and customers to reach their nutritional goals. In addition we have really talented people and a strong values led culture."
Read More: Glanbia Upgrades Its Full-Year Guidance For 2023
© 2023 Checkout – your source for the latest Irish retail news. Article by Donna Ahern. For more A-brand news, click here. Click subscribe to sign up for the Checkout print edition.