Kerry Co-op has confirmed that Denis Carroll will resume his position as chair of the board, a position which he first took up in December 2021.
On Wednesday 14 December, the co-op also confirmed that a recent shareholder requisition to adopt a special resolution did not receive the necessary number of signatories for a Special General Meeting to be held.
The requisition was also found to present technical issues caused by lack of clarity in the wording of the resolution.
This issue was identified by the Irish Co-Operative Society (ICOS).
The board of Kerry Co-op has outlined that it is addressing shareholder concerns as a priority.
Meanwhile, the board has indicated that it is considering next steps on these matters and will update shareholders in an appropriate manner once a decision has been made.
Commenting on his re-election, Denis Carroll, said: “I am honoured to be re-elected as chair of Kerry Co-op for another year.
"The co-op is at an important juncture in its history and I look forward to leading the board as we navigate our shared future. We will continue to represent all shareholders of Kerry Co-Op."
Carroll added that the board "understands the concerns" of the shareholders despite the requisition coming up short, and this issue will be dealt with as a priority by the board.
"When the board agree an approach, shareholders will be consulted in a timely fashion. We appreciate the patience of our shareholders as we work towards this," he said.