To paraphrase Oscar Wilde, to lose one successor might be misfortune, to lose more than one looks like carelessness.
The Dealer has heard that the departure of Mark Coyle, designated successor to John Horgan at Kepak, is because he didn’t want the industry legend Horgan hanging around. Apparently Horgan visualises himself as an actively involved chair.
Simon Walker will now assume the role of group CEO from 1 January 2021.
ADVERTISEMENT
This is the second or third time that a senior manager in Kepak has moved on, with Kevin Cahill leaving in 2016 to take charge of OSI Europe, best known as a major manufacturer of burgers for McDonald’s.
Ger Brickley also left for Bandon Co-op.
Money is not the problem. Kepak has gone on the acquisition trail, taking over the red meat processing factories from the 2Sisters food group.
Dividends
The Dealer is wondering if the Keating family, the principal shareholders in Kepak, continue to be satisfied with the dividends they get out of the business, or would they consider selling up and forget about the complications around succession planning?
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
To paraphrase Oscar Wilde, to lose one successor might be misfortune, to lose more than one looks like carelessness.
The Dealer has heard that the departure of Mark Coyle, designated successor to John Horgan at Kepak, is because he didn’t want the industry legend Horgan hanging around. Apparently Horgan visualises himself as an actively involved chair.
Simon Walker will now assume the role of group CEO from 1 January 2021.
This is the second or third time that a senior manager in Kepak has moved on, with Kevin Cahill leaving in 2016 to take charge of OSI Europe, best known as a major manufacturer of burgers for McDonald’s.
Ger Brickley also left for Bandon Co-op.
Money is not the problem. Kepak has gone on the acquisition trail, taking over the red meat processing factories from the 2Sisters food group.
Dividends
The Dealer is wondering if the Keating family, the principal shareholders in Kepak, continue to be satisfied with the dividends they get out of the business, or would they consider selling up and forget about the complications around succession planning?
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS