Denis Cregan has been appointed the chair of Ornua, following the resignation of Aaron Forde at a board meeting on Tuesday.
Forde resigns after six years at the helm and has recommended the appointment of an independent director to oversee the Board while it is reviewing its governance structures.
The Irish Farmers Journal understands that the review is in relation to the development of Glanbia’s Truly Grass Fed brand, which is competing on some of the same markets as Ornua products. Glanbia is also member of Ornua.
Denis Cregan joined the board of Ornua in 2015 as an independent non-executive director. He is chair of Kerry Airport, a former director of Tourism Ireland and a former director of Kerry Group plc. He worked in various management roles in Kerry Group plc over a 30 year period; including deputy chief executive and chief executive of Kerry’s Ingredients Division.
Denis also worked for a period with the Department of Finance and Grand Metropolitan. He is a graduate of dairy science from University College Cork.
“Ornua has achieved great success during his chairmanship such as the expansion of Ornua’s global footprint in the US, Germany, China and Saudi Arabia, and the further international expansion of Kerrygold which recently became Ireland’s first €1bn global food brand,” John Jordan, Ornua CEO, said.
$2 price difference between Truly Grass Fed and Kerrygold cheese
Lanigan’s Ball at Ornua meetings
Listen: Truly Grass Fed discussion started 14 months ago – Ornua CEO