The Board comprises 13 Directors: two Executive Directors, the Group Chairman and ten Non-Executive Directors of whom three are currently nominated by Tirlán Co-operative Society Limited (the ‘Society’).
Audit Committee
Paul Duffy
Term of office
Date of appointment: 1 March 2021
Tenure: Four full years
Committee Membership
Audit Committee (Chair)
Remuneration Committee (Member)
Development Committee (Member)
Nomination and Governance Committee (Member)
Skills and Expertise
Experienced Chairman and Chief Executive Officer with extensive knowledge of the consumer and beverage industry with significant strategic and brand experience.
Experience
Paul Duffy is a former Chairman and CEO of Pernod Ricard North America, a global leader in the Wine and Spirits industry. During his 25 year career with Pernod Ricard, Paul held a number of senior management positions including Chairman and CEO roles at Pernod Ricard UK, The Absolut Company (Sweden) and Irish Distillers. He served on the Pernod Ricard worldwide management executive committee. Paul is currently a director of W.A. Baxter & Sons, a United Kingdom Food Group and is a former director of Corby Spirit and Wine Limited, a leading Canadian marketer and distributor of spirits and wines listed on the Toronto Stock Exchange. Paul is a Fellow of Chartered Accountants Ireland and is a graduate of Trinity College Dublin, Ireland.
Key External Appointments
Non-Executive Director of Hostelworld Group plc, W.A. Baxter & Sons and Chairman of Irish Children’s Museum CLG.
Jane Lodge
Term of office
Date of appointment: 1 November 2020
Tenure: Four full years
Committee Membership
Remuneration Committee (Chair)
Audit Committee (Member)
Development Committee (Member)
Skills and Expertise
In-depth knowledge of international business, management, corporate transactions, corporate governance and reporting gained from a successful career with Deloitte.
Experience
Jane Lodge is a former Senior Audit Partner of Deloitte with extensive knowledge and experience of international businesses in a wide range of sectors. Jane served on the Deloitte UK Board of Partners and was the UK Manufacturing Industry Lead Partner. She is currently a Non-Executive Director of Bakkavor Group plc, FirstGroup plc and Morgan Advanced Materials plc. She is a former Non-Executive Director of DCC plc, Devro plc, Costain Group plc, Sirius Minerals plc, and TI Fluid Systems plc. A Fellow of the Institute of Chartered Accountants in England and Wales, Jane graduated from University of Birmingham, United Kingdom with a BSc in Geology.
Key External Appointments
Non-Executive Director of FirstGroup plc, Morgan Advanced Materials plc and Bakkavor Group plc.
Kimberly Underhill
Term of office
Date of appointment: 1 August 2022
Tenure: Two full years
Committee Membership
Audit Committee (Member)
Remuneration Committee (Member)
Development Committee (Member)
Nomination and Governance Committee (Member)
Skills and Expertise
Extensive and significant leadership experience in US and international consumer products businesses, with particular strength in product development, marketing, portfolio management, brand-building, strategic planning and international business development.
Experience
Kimberly Underhill is a former Group President, Consumer Business North America of Kimberly-Clark. During her 33 year career with Kimberly-Clark, she held roles within research and engineering, operations and marketing. Kimberly served as Global President, Kimberly-Clark Professional and as President, Consumer Europe. Kimberly is currently a Non-Executive Director of Foot Locker Inc., the global sportswear and footwear retailer listed on the New York Stock Exchange. She also serves on the Board of Trustees of Theda Care Regional Medical Centre and is a Director of The Menasha Corporation (a privately held company that is a packaging manufacturer and provider of supply chain solutions). Formerly, Kimberly chaired the Network of Executive Women and was a Director of the Food Marketing Institute. Kimberly graduated from Milwaukee School of Engineering with a MSc in Engineering Management, and Purdue University, USA with a BSc in Chemical Engineering.
Key External Appointments
Non-Executive Director of Foot Locker Inc., and a Director of The Menasha Corporation.
Senan Murphy
Term of office
Date of appointment: 30 April 2025
Tenure: Less than one year
Committee Membership
Sustainability Committee (Chair)
Audit Committee (Member)
Skills and Expertise
Extensive international experience with a deep understanding of diverse market dynamics and strategic financial management across multiple industries, including building materials, renewable energy, financial services, and banking.
Experience
Senan was previously the Group Finance Director of CRH plc. Prior to joining CRH he was Bank of Ireland Group's Chief Operating Officer, having previously held positions as Chief Operating Officer and Finance Director at Ulster Bank, Chief Financial Officer at Airtricity and numerous senior financial roles in GE, both in Europe and the US. Senan has over 30 years' experience in international business across multiple industries including building materials, renewable energy, financial services and banking. Senan holds a Bachelor of Commerce and a Diploma in Professional Accounting from University College Dublin. He is a qualified FCA accountant with the Institute of Chartered Accountants.
Key External Appointments
Non-executive director of Kingspan Group plc and Bluestar Energy Capital, a US-based global investor in energy transition and renewable energy. He is also a member of the UCD College of Business Irish Advisory Board.
The Board and the Audit Committee are focused on embedding a culture that ensures we all work to a consistently high standard and conduct our business activities in line with the Glanbia purpose, vision and values, and evolving governance requirements.
The Committee comprises only Independent Non-Executive Directors. Two members constitute a quorum. The Group Secretary or their nominee shall act as Secretary of the Committee. Membership is reviewed annually by the Chairperson of the Committee and the Group Chairperson who recommend new appointments to the Nomination and Governance Committee for consideration and onward recommendation to the Board. The Chairperson of the Audit Committee reports to the Board as necessary on the activities of the Committee and attends the AGM to answer questions on the Audit Committee’s report and matters within the scope of the Committee’s responsibilities.
The key roles and responsibilities of the Audit Committee are set out in detail in the Audit Committee Report. This report is designed to provide you with an overview of the Committee’s principal activities. A copy of the Terms of Reference of the Audit Committee is available for download by clicking on the link below:
Nomination and Governance Committee
Donard Gaynor
Term of office
Date of Appointment: 12 March 2013
Tenure: Twelve full years
Committee Membership
Nomination and Governance Committee (Chair)
Remuneration Committee (Member)
Sustainability Committee (Member)
Development Committee (Chair)
Skills and Expertise
Extensive knowledge of the food and beverage industry with significant commercial acumen and deep insight into international business.
Experience
Donard Gaynor was appointed Group Chairman on 8 October 2020. Donard Gaynor retired in December 2012 as Senior Vice President of Strategy and Corporate Development of Beam, Inc., the premium spirits company previously listed on the New York Stock Exchange. A Fellow of Chartered Accountants Ireland and the American Institute of Certified Public Accountants, he joined Beam, Inc. in 2003 as Senior Vice President and Managing Director – International. Prior to this, he served in a variety of senior executive leadership roles with The Seagram Spirits & Wine Group in New York and was also Audit Client Services Partner with the New York office of PwC.
Key External Appointments
None.
Róisín Brennan
Term of office
Date of appointment: 1 January 2021
Tenure: Four full years
Committee Membership
Nomination and Governance Committee (Member)
Remuneration Committee (Member)
Development Committee (Member)
Skills and Expertise
Extensive strategic and financial advisory experience across many sectors including food and fast moving consumer goods (“FMCG”).
Experience
Róisín Brennan is a former Chief Executive of IBI Corporate Finance Ltd and has over 20 years of investment banking experience, particularly advising public companies in Ireland. She brings strong strategic and financial advisory experience across many sectors including food and FMCG to the Board. Róisín is currently a Non-Executive Director of Ryanair Holdings plc, Musgrave Group plc and Dell Bank International DAC. Formerly, she was a Non-Executive Director of DCC plc from 2005 until 2016 and is also a former Non-Executive Director of Hibernia REIT plc, Wireless Group plc, Coillte DAC and The Irish Takeover Panel. A Fellow of Chartered Accountants Ireland, Róisín graduated from University College Dublin, Ireland with a Bachelor of Civil Law degree.
Key External Appointments
Non-Executive Director of Ryanair Holdings plc, Musgrave Group plc and Dell Bank International DAC.
Paul Duffy
Term of office
Date of appointment: 1 March 2021
Tenure: Four full years
Committee Membership
Audit Committee (Chair)
Remuneration Committee (Member)
Development Committee (Member)
Nomination and Governance Committee (Member)
Skills and Expertise
Experienced Chairman and Chief Executive Officer with extensive knowledge of the consumer and beverage industry with significant strategic and brand experience.
Experience
Paul Duffy is a former Chairman and CEO of Pernod Ricard North America, a global leader in the Wine and Spirits industry. During his 25 year career with Pernod Ricard, Paul held a number of senior management positions including Chairman and CEO roles at Pernod Ricard UK, The Absolut Company (Sweden) and Irish Distillers. He served on the Pernod Ricard worldwide management executive committee. Paul is currently a director of W.A. Baxter & Sons, a United Kingdom Food Group and is a former director of Corby Spirit and Wine Limited, a leading Canadian marketer and distributor of spirits and wines listed on the Toronto Stock Exchange. Paul is a Fellow of Chartered Accountants Ireland and is a graduate of Trinity College Dublin, Ireland.
Key External Appointments
Non-Executive Director of Hostelworld Group plc, W.A. Baxter & Sons and Chairman of Irish Children’s Museum CLG.
Kimberly Underhill
Term of office
Date of appointment: 1 August 2022
Tenure: Two full years
Committee Membership
Audit Committee (Member)
Remuneration Committee (Member)
Development Committee (Member)
Nomination and Governance Committee (Member)
Skills and Expertise
Extensive and significant leadership experience in US and international consumer products businesses, with particular strength in product development, marketing, portfolio management, brand-building, strategic planning and international business development.
Experience
Kimberly Underhill is a former Group President, Consumer Business North America of Kimberly-Clark. During her 33 year career with Kimberly-Clark, she held roles within research and engineering, operations and marketing. Kimberly served as Global President, Kimberly-Clark Professional and as President, Consumer Europe. Kimberly is currently a Non-Executive Director of Foot Locker Inc., the global sportswear and footwear retailer listed on the New York Stock Exchange. She also serves on the Board of Trustees of Theda Care Regional Medical Centre and is a Director of The Menasha Corporation (a privately held company that is a packaging manufacturer and provider of supply chain solutions). Formerly, Kimberly chaired the Network of Executive Women and was a Director of the Food Marketing Institute. Kimberly graduated from Milwaukee School of Engineering with a MSc in Engineering Management, and Purdue University, USA with a BSc in Chemical Engineering.
Key External Appointments
Non-Executive Director of Foot Locker Inc., and a Director of The Menasha Corporation.
The Committee ensures the Board comprises individuals with the necessary skills, knowledge and experience to ensure the effective management of the Group’s expanding business and delivery of its strategic objectives.
The majority of the Committee members excluding the Chair, in circumstances where the Chair is the Chairman of the Board, shall be independent non-executive directors. Two members constitute a quorum. Where he is not a member of the Committee, the Chief Executive Officer attends by invitation.
The Committee focuses on Board composition and refreshment, monitors relevant social matters related to the Group’s interactions with its stakeholders and monitors developments in corporate governance.
Details of the responsibilities of the Nomination and Governance Committee are set out in the Group’s Annual Report. A copy of the Terms of Reference of the Nomination and Governance Committee is available for download by clicking on the link below:
Nomination and Governance Committee Report
Remuneration Committee
Jane Lodge
Term of office
Date of appointment: 1 November 2020
Tenure: Four full years
Committee Membership
Remuneration Committee (Chair)
Audit Committee (Member)
Development Committee (Member)
Skills and Expertise
In-depth knowledge of international business, management, corporate transactions, corporate governance and reporting gained from a successful career with Deloitte.
Experience
Jane Lodge is a former Senior Audit Partner of Deloitte with extensive knowledge and experience of international businesses in a wide range of sectors. Jane served on the Deloitte UK Board of Partners and was the UK Manufacturing Industry Lead Partner. She is currently a Non-Executive Director of Bakkavor Group plc, FirstGroup plc and Morgan Advanced Materials plc. She is a former Non-Executive Director of DCC plc, Devro plc, Costain Group plc, Sirius Minerals plc, and TI Fluid Systems plc. A Fellow of the Institute of Chartered Accountants in England and Wales, Jane graduated from University of Birmingham, United Kingdom with a BSc in Geology.
Key External Appointments
Non-Executive Director of FirstGroup plc, Morgan Advanced Materials plc and Bakkavor Group plc.
Róisín Brennan
Term of office
Date of appointment: 1 January 2021
Tenure: Four full years
Committee Membership
Nomination and Governance Committee (Member)
Remuneration Committee (Member)
Development Committee (Member)
Skills and Expertise
Extensive strategic and financial advisory experience across many sectors including food and fast moving consumer goods (“FMCG”).
Experience
Róisín Brennan is a former Chief Executive of IBI Corporate Finance Ltd and has over 20 years of investment banking experience, particularly advising public companies in Ireland. She brings strong strategic and financial advisory experience across many sectors including food and FMCG to the Board. Róisín is currently a Non-Executive Director of Ryanair Holdings plc, Musgrave Group plc and Dell Bank International DAC. Formerly, she was a Non-Executive Director of DCC plc from 2005 until 2016 and is also a former Non-Executive Director of Hibernia REIT plc, Wireless Group plc, Coillte DAC and The Irish Takeover Panel. A Fellow of Chartered Accountants Ireland, Róisín graduated from University College Dublin, Ireland with a Bachelor of Civil Law degree.
Key External Appointments
Non-Executive Director of Ryanair Holdings plc, Musgrave Group plc and Dell Bank International DAC.
Paul Duffy
Term of office
Date of appointment: 1 March 2021
Tenure: Four full years
Committee Membership
Audit Committee (Chair)
Remuneration Committee (Member)
Development Committee (Member)
Nomination and Governance Committee (Member)
Skills and Expertise
Experienced Chairman and Chief Executive Officer with extensive knowledge of the consumer and beverage industry with significant strategic and brand experience.
Experience
Paul Duffy is a former Chairman and CEO of Pernod Ricard North America, a global leader in the Wine and Spirits industry. During his 25 year career with Pernod Ricard, Paul held a number of senior management positions including Chairman and CEO roles at Pernod Ricard UK, The Absolut Company (Sweden) and Irish Distillers. He served on the Pernod Ricard worldwide management executive committee. Paul is currently a director of W.A. Baxter & Sons, a United Kingdom Food Group and is a former director of Corby Spirit and Wine Limited, a leading Canadian marketer and distributor of spirits and wines listed on the Toronto Stock Exchange. Paul is a Fellow of Chartered Accountants Ireland and is a graduate of Trinity College Dublin, Ireland.
Key External Appointments
Non-Executive Director of Hostelworld Group plc, W.A. Baxter & Sons and Chairman of Irish Children’s Museum CLG.
Donard Gaynor
Term of office
Date of Appointment: 12 March 2013
Tenure: Twelve full years
Committee Membership
Nomination and Governance Committee (Chair)
Remuneration Committee (Member)
Sustainability Committee (Member)
Development Committee (Chair)
Skills and Expertise
Extensive knowledge of the food and beverage industry with significant commercial acumen and deep insight into international business.
Experience
Donard Gaynor was appointed Group Chairman on 8 October 2020. Donard Gaynor retired in December 2012 as Senior Vice President of Strategy and Corporate Development of Beam, Inc., the premium spirits company previously listed on the New York Stock Exchange. A Fellow of Chartered Accountants Ireland and the American Institute of Certified Public Accountants, he joined Beam, Inc. in 2003 as Senior Vice President and Managing Director – International. Prior to this, he served in a variety of senior executive leadership roles with The Seagram Spirits & Wine Group in New York and was also Audit Client Services Partner with the New York office of PwC.
Key External Appointments
None.
Kimberly Underhill
Term of office
Date of appointment: 1 August 2022
Tenure: Two full years
Committee Membership
Audit Committee (Member)
Remuneration Committee (Member)
Development Committee (Member)
Nomination and Governance Committee (Member)
Skills and Expertise
Extensive and significant leadership experience in US and international consumer products businesses, with particular strength in product development, marketing, portfolio management, brand-building, strategic planning and international business development.
Experience
Kimberly Underhill is a former Group President, Consumer Business North America of Kimberly-Clark. During her 33 year career with Kimberly-Clark, she held roles within research and engineering, operations and marketing. Kimberly served as Global President, Kimberly-Clark Professional and as President, Consumer Europe. Kimberly is currently a Non-Executive Director of Foot Locker Inc., the global sportswear and footwear retailer listed on the New York Stock Exchange. She also serves on the Board of Trustees of Theda Care Regional Medical Centre and is a Director of The Menasha Corporation (a privately held company that is a packaging manufacturer and provider of supply chain solutions). Formerly, Kimberly chaired the Network of Executive Women and was a Director of the Food Marketing Institute. Kimberly graduated from Milwaukee School of Engineering with a MSc in Engineering Management, and Purdue University, USA with a BSc in Chemical Engineering.
Key External Appointments
Non-Executive Director of Foot Locker Inc., and a Director of The Menasha Corporation.
The Remuneration Committee determines and agrees with the Board the framework and policy for remuneration of the Executive Directors and other Senior Executives ensuring comprehensive linkages between performance and reward, incentivising delivery of Group strategy and alignment with shareholder interests.
The Remuneration Committee comprises only Independent Non-Executive Directors and receives independent external advice from Korn Ferry.
The Remuneration Committee oversees remuneration design and target setting of annual and long-term incentive arrangements to ensure delivery of the short and long-term strategic business priorities, and to recognise and reward business performance and that of individuals.
The Remuneration Committee complies with all relevant reporting and legislative requirements applicable to an Irish incorporated company with a primary listing on Euronext Dublin. The Remuneration Committee has also resolved on a voluntary basis to align, to the extent it considers possible and appropriate having had regard to Irish law, the Directors’ Remuneration Policy and Remuneration Reporting with UK remuneration best practices where Glanbia has a secondary listing on the London Stock Exchange. The Committee also continues to monitor the adoption of the amended European Shareholder Rights Directive in Ireland and any potential impact.
The key roles and responsibilities of the Remuneration Committee are set out in detail in the Remuneration Committee Report. This report is designed to provide details of Glanbia’s remuneration principles, policy and operation of the Group's Executive Directors remuneration. It demonstrates the association between the Group's strategy, performance, risk management policy and the remuneration of its Executive Directors. A copy of the Terms of Reference of the Remuneration Committee is available for download by clicking on the link below:
Sustainability Committee
Mark Garvey
Term of office
Date of Appointment: 12 November 2013
Tenure: Eleven full years
Committee Membership
Development Committee (Member)
Sustainability Committee (Member)
Skills and Expertise
Strong background in finance and global executive management and extensive experience in the food and beverage industry.
Experience
Mark Garvey was appointed as Chief Financial Officer on 12 November 2013. Prior to joining Glanbia he held the position of Executive Vice President and Chief Financial Officer with Sara Lee Corporation, a leading global food and beverage company. Mark also held a number of senior finance roles in the Sara Lee Corporation in the US and Europe and prior to that he worked with Arthur Andersen in Ireland and the US. A Fellow of Chartered Accountants Ireland and the American Institute of Certified Public Accountants, Mark graduated from University College Dublin with a Bachelor of Commerce degree and Diploma in Professional Accounting and has an Executive MBA from Northwestern University, Illinois, USA.
Key External Appointments
None.
Donard Gaynor
Term of office
Date of Appointment: 12 March 2013
Tenure: Twelve full years
Committee Membership
Nomination and Governance Committee (Chair)
Remuneration Committee (Member)
Sustainability Committee (Member)
Development Committee (Chair)
Skills and Expertise
Extensive knowledge of the food and beverage industry with significant commercial acumen and deep insight into international business.
Experience
Donard Gaynor was appointed Group Chairman on 8 October 2020. Donard Gaynor retired in December 2012 as Senior Vice President of Strategy and Corporate Development of Beam, Inc., the premium spirits company previously listed on the New York Stock Exchange. A Fellow of Chartered Accountants Ireland and the American Institute of Certified Public Accountants, he joined Beam, Inc. in 2003 as Senior Vice President and Managing Director – International. Prior to this, he served in a variety of senior executive leadership roles with The Seagram Spirits & Wine Group in New York and was also Audit Client Services Partner with the New York office of PwC.
Key External Appointments
None.
John G Murphy
Term of office
Date of appointment: 29 June 2010
Tenure: Fourteen full years
Committee Membership
Sustainability Committee (Member)
Skills and Expertise
Extensive knowledge of the global food and beverage industry and significant experience in the governance and strategic management of a global business gained from his tenure on the boards of Tirlán Co-operative Society Limited and Glanbia plc.
Experience
John G Murphy manages his own agricultural business in Co. Wexford, Ireland. John served as Group Vice-Chairman between 2 June 2017 and 8 October 2020. John was appointed Chairman of Tirlán Co-operative Society Limited on 8 October 2020. John has completed the University College Cork Diploma in Corporate Direction.
Key External Appointments
Chairman of Tirlán Co-operative Society Limited.
Ilona Haaijer
Term of office
Date of appointment: 1 August 2022
Tenure: Two Full Years
Committee Membership
Sustainability Committee (Member)
Development Committee (Member)
Skills and Expertise
Extensive and significant leadership experience of strategic development, change management, mergers and acquisitions and leading complex, global businesses in the food ingredients and consumer sectors.
Experience
Ilona Haaijer is a former President and CEO of DSM Food Specialties, President of DSM Personal Care and also previously served as CEO of Bugaboo International, CEO of Philips AVENT, Vice President Corporate Strategy of Royal Philips Electronics, and as a Consultant at The Boston Consulting Group. Ilona brings significant international experience of food ingredient and consumer oriented businesses and is currently a Non-Executive Director of Corbion N.V., an Amsterdam based Euronext listed food and bio-technology company. Formerly, she was a Non-Executive Director of RPC Group plc and Royal Boskalis Westminster N.V.. Ilona graduated from the University of Groningen, Netherlands with an MA in Business Economics.
Key External Appointments
Non-Executive Director of Corbion N.V.
Senan Murphy
Term of office
Date of appointment: 30 April 2025
Tenure: Less than one year
Committee Membership
Sustainability Committee (Chair)
Audit Committee (Member)
Skills and Expertise
Extensive international experience with a deep understanding of diverse market dynamics and strategic financial management across multiple industries, including building materials, renewable energy, financial services, and banking.
Experience
Senan was previously the Group Finance Director of CRH plc. Prior to joining CRH he was Bank of Ireland Group's Chief Operating Officer, having previously held positions as Chief Operating Officer and Finance Director at Ulster Bank, Chief Financial Officer at Airtricity and numerous senior financial roles in GE, both in Europe and the US. Senan has over 30 years' experience in international business across multiple industries including building materials, renewable energy, financial services and banking. Senan holds a Bachelor of Commerce and a Diploma in Professional Accounting from University College Dublin. He is a qualified FCA accountant with the Institute of Chartered Accountants.
Key External Appointments
Non-executive director of Kingspan Group plc and Bluestar Energy Capital, a US-based global investor in energy transition and renewable energy. He is also a member of the UCD College of Business Irish Advisory Board.
The Group has established a Sustainability Committee to provide oversight of the Group’s management of environmental sustainability matters and compliance with relevant legal and regulatory requirements.
The Committee comprises of the Chair and at least two other directors. Two members constitute a quorum. The Group Secretary or his nominee acts as secretary to the Committee. Where he is not a member of the Committee, the Chief Executive Officer attends by invitation.
Details of the Group’s approach to achieving a sustainable future are set out in the Groups’ Annual Report. Further details may also be found by Clicking here. A copy of the Terms of Reference of the Sustainability Committee is available for download by clicking on the link below:
Sustainability Committee Report
Development Committee
Donard Gaynor
Term of office
Date of Appointment: 12 March 2013
Tenure: Twelve full years
Committee Membership
Nomination and Governance Committee (Chair)
Remuneration Committee (Member)
Sustainability Committee (Member)
Development Committee (Chair)
Skills and Expertise
Extensive knowledge of the food and beverage industry with significant commercial acumen and deep insight into international business.
Experience
Donard Gaynor was appointed Group Chairman on 8 October 2020. Donard Gaynor retired in December 2012 as Senior Vice President of Strategy and Corporate Development of Beam, Inc., the premium spirits company previously listed on the New York Stock Exchange. A Fellow of Chartered Accountants Ireland and the American Institute of Certified Public Accountants, he joined Beam, Inc. in 2003 as Senior Vice President and Managing Director – International. Prior to this, he served in a variety of senior executive leadership roles with The Seagram Spirits & Wine Group in New York and was also Audit Client Services Partner with the New York office of PwC.
Key External Appointments
None.
Hugh McGuire
Term of office
Date of appointment: 1 January 2024
Tenure: Six full years (over each of his terms)
Committee Membership
Development Committee (Member)
Skills and Expertise
Extensive strategic, corporate development and acquisition experience. Strong leadership qualities acquired from a successful career within Glanbia plc.
Experience
Hugh McGuire was appointed as Chief Executive Officer on 1 January 2024. Hugh joined Glanbia in 2003 and previously held a range of senior leadership roles across the Group. He served as Chief Executive Officer of Glanbia’s Performance Nutrition business (“GPN”) from 2008 to 2023 where he led a period of substantial growth in the business. He has been a member of the Group Operating Executive since 2013 and previously served on the Board from June 2013 to April 2019. Prior to joining Glanbia, he worked with McKinsey & Company, Nestle and Leaf. Hugh graduated with an M.Sc. in Food Science from University College Dublin and has a Diploma in Accounting and Finance from the Association of Chartered Certified Accountants Ireland.
Key External Appointments
Director of ClonBio Group Limited.
Mark Garvey
Term of office
Date of Appointment: 12 November 2013
Tenure: Eleven full years
Committee Membership
Development Committee (Member)
Sustainability Committee (Member)
Skills and Expertise
Strong background in finance and global executive management and extensive experience in the food and beverage industry.
Experience
Mark Garvey was appointed as Chief Financial Officer on 12 November 2013. Prior to joining Glanbia he held the position of Executive Vice President and Chief Financial Officer with Sara Lee Corporation, a leading global food and beverage company. Mark also held a number of senior finance roles in the Sara Lee Corporation in the US and Europe and prior to that he worked with Arthur Andersen in Ireland and the US. A Fellow of Chartered Accountants Ireland and the American Institute of Certified Public Accountants, Mark graduated from University College Dublin with a Bachelor of Commerce degree and Diploma in Professional Accounting and has an Executive MBA from Northwestern University, Illinois, USA.
Key External Appointments
None.
Róisín Brennan
Term of office
Date of appointment: 1 January 2021
Tenure: Four full years
Committee Membership
Nomination and Governance Committee (Member)
Remuneration Committee (Member)
Development Committee (Member)
Skills and Expertise
Extensive strategic and financial advisory experience across many sectors including food and fast moving consumer goods (“FMCG”).
Experience
Róisín Brennan is a former Chief Executive of IBI Corporate Finance Ltd and has over 20 years of investment banking experience, particularly advising public companies in Ireland. She brings strong strategic and financial advisory experience across many sectors including food and FMCG to the Board. Róisín is currently a Non-Executive Director of Ryanair Holdings plc, Musgrave Group plc and Dell Bank International DAC. Formerly, she was a Non-Executive Director of DCC plc from 2005 until 2016 and is also a former Non-Executive Director of Hibernia REIT plc, Wireless Group plc, Coillte DAC and The Irish Takeover Panel. A Fellow of Chartered Accountants Ireland, Róisín graduated from University College Dublin, Ireland with a Bachelor of Civil Law degree.
Key External Appointments
Non-Executive Director of Ryanair Holdings plc, Musgrave Group plc and Dell Bank International DAC.
Paul Duffy
Term of office
Date of appointment: 1 March 2021
Tenure: Four full years
Committee Membership
Audit Committee (Chair)
Remuneration Committee (Member)
Development Committee (Member)
Nomination and Governance Committee (Member)
Skills and Expertise
Experienced Chairman and Chief Executive Officer with extensive knowledge of the consumer and beverage industry with significant strategic and brand experience.
Experience
Paul Duffy is a former Chairman and CEO of Pernod Ricard North America, a global leader in the Wine and Spirits industry. During his 25 year career with Pernod Ricard, Paul held a number of senior management positions including Chairman and CEO roles at Pernod Ricard UK, The Absolut Company (Sweden) and Irish Distillers. He served on the Pernod Ricard worldwide management executive committee. Paul is currently a director of W.A. Baxter & Sons, a United Kingdom Food Group and is a former director of Corby Spirit and Wine Limited, a leading Canadian marketer and distributor of spirits and wines listed on the Toronto Stock Exchange. Paul is a Fellow of Chartered Accountants Ireland and is a graduate of Trinity College Dublin, Ireland.
Key External Appointments
Non-Executive Director of Hostelworld Group plc, W.A. Baxter & Sons and Chairman of Irish Children’s Museum CLG.
Ilona Haaijer
Term of office
Date of appointment: 1 August 2022
Tenure: Two Full Years
Committee Membership
Sustainability Committee (Member)
Development Committee (Member)
Skills and Expertise
Extensive and significant leadership experience of strategic development, change management, mergers and acquisitions and leading complex, global businesses in the food ingredients and consumer sectors.
Experience
Ilona Haaijer is a former President and CEO of DSM Food Specialties, President of DSM Personal Care and also previously served as CEO of Bugaboo International, CEO of Philips AVENT, Vice President Corporate Strategy of Royal Philips Electronics, and as a Consultant at The Boston Consulting Group. Ilona brings significant international experience of food ingredient and consumer oriented businesses and is currently a Non-Executive Director of Corbion N.V., an Amsterdam based Euronext listed food and bio-technology company. Formerly, she was a Non-Executive Director of RPC Group plc and Royal Boskalis Westminster N.V.. Ilona graduated from the University of Groningen, Netherlands with an MA in Business Economics.
Key External Appointments
Non-Executive Director of Corbion N.V.
Jane Lodge
Term of office
Date of appointment: 1 November 2020
Tenure: Four full years
Committee Membership
Remuneration Committee (Chair)
Audit Committee (Member)
Development Committee (Member)
Skills and Expertise
In-depth knowledge of international business, management, corporate transactions, corporate governance and reporting gained from a successful career with Deloitte.
Experience
Jane Lodge is a former Senior Audit Partner of Deloitte with extensive knowledge and experience of international businesses in a wide range of sectors. Jane served on the Deloitte UK Board of Partners and was the UK Manufacturing Industry Lead Partner. She is currently a Non-Executive Director of Bakkavor Group plc, FirstGroup plc and Morgan Advanced Materials plc. She is a former Non-Executive Director of DCC plc, Devro plc, Costain Group plc, Sirius Minerals plc, and TI Fluid Systems plc. A Fellow of the Institute of Chartered Accountants in England and Wales, Jane graduated from University of Birmingham, United Kingdom with a BSc in Geology.
Key External Appointments
Non-Executive Director of FirstGroup plc, Morgan Advanced Materials plc and Bakkavor Group plc.
Gabriella Parisse
Term of office
Date of appointment: 1 June 2023
Tenure: One Full Year
Committee Membership
Development Committee (Member)
Skills and Expertise
Significant experience in consumer brand development, the food ingredients industry, innovation and strategic leadership of multinational businesses.
Experience
Gabriella is currently the President and CEO of Velcro Companies and has more than 35 years of international experience in consumer goods and business to business industries. Gabriella joined Velcro Companies in October 2018 as Chief Marketing Officer and President of the Consumer division, and prior to her appointment as CEO in 2021 served as Chief Growth Officer. Prior to Velcro Companies, Gabriella served on the Executive Committee of Tate & Lyle plc, a global food ingredients business, as President of Innovation and Commercial Development, reporting to the CEO. Previously, Gabriella spent 26 years with Johnson & Johnson in a variety of global senior leadership roles. Gabriella graduated from the University of Rome, Italy with a Masters Degree in Statistics and Demographic Sciences.
Key External Appointments
President and CEO of Velcro Companies
Kimberly Underhill
Term of office
Date of appointment: 1 August 2022
Tenure: Two full years
Committee Membership
Audit Committee (Member)
Remuneration Committee (Member)
Development Committee (Member)
Nomination and Governance Committee (Member)
Skills and Expertise
Extensive and significant leadership experience in US and international consumer products businesses, with particular strength in product development, marketing, portfolio management, brand-building, strategic planning and international business development.
Experience
Kimberly Underhill is a former Group President, Consumer Business North America of Kimberly-Clark. During her 33 year career with Kimberly-Clark, she held roles within research and engineering, operations and marketing. Kimberly served as Global President, Kimberly-Clark Professional and as President, Consumer Europe. Kimberly is currently a Non-Executive Director of Foot Locker Inc., the global sportswear and footwear retailer listed on the New York Stock Exchange. She also serves on the Board of Trustees of Theda Care Regional Medical Centre and is a Director of The Menasha Corporation (a privately held company that is a packaging manufacturer and provider of supply chain solutions). Formerly, Kimberly chaired the Network of Executive Women and was a Director of the Food Marketing Institute. Kimberly graduated from Milwaukee School of Engineering with a MSc in Engineering Management, and Purdue University, USA with a BSc in Chemical Engineering.
Key External Appointments
Non-Executive Director of Foot Locker Inc., and a Director of The Menasha Corporation.
The Group has established a Development Committee to identify and assess potential investment and acquisition opportunities that align with the Group’s purpose, vision and values and provide oversight of the policies, targets and initiatives of the Group relating to investment matters.
The Committee comprises of the Chief Executive Officer, the Chief Financial Officer and a minimum of two independent non-executive directors. Three members constitute a quorum. The Group Secretary or his nominee acts as Secretary to the Committee. The Chief Corporate Development Officer has a standing invitation to attend meetings of the Committee.
A copy of the Terms of Reference of the Development Committee is available for download by clicking on the link below: