It is now 18 months since the board completed a complete rule review and almost a year since Ornua cancelled its board meeting because of tensions between the co-op that owns Kerrygold and listed dairy group Glanbia. It was the catalyst that initiated a review of how the board was governed by the then chair Aaron Forde.
That review identified 60 perceived or potential conflicts of interest around the board table between Ornua and its members. An abundance of consultants and legal experts have since advised the board on a model to move the process forward. Even Dairygold, which owns 20% of Ornua, identified a path forward but this too was rejected by the board.