Glanbia plc, the global performance nutrition and ingredients group (the 'Group', 'Glanbia'), has today (12th June 2015) announced that Henry Corbally has been appointed as the new Chairman of the Glanbia plc Board.  He succeeds Liam Herlihy, who has served as Chairman for the past seven years.  Mr Corbally has also been appointed as Chairman of Glanbia Co-operative Society Limited and Glanbia Ingredients Ireland Limited.

The Board of Glanbia plc also appointed Mr. Patrick Murphy as one of the two Vice-Chairmen of Glanbia plc in succession to Mr. Corbally.   The other Vice-Chairman of Glanbia plc is Mr. Martin Keane who continues in that role.  Mr. Murphy has also been appointed Vice-Chairman of Glanbia Co-operative Society Limited. 

Speaking after his appointment as Chairman Henry Corbally said; “I am honoured to be appointed to serve as Chairman of Glanbia.  It is an organisation with a rich history and deep commitment to its members and shareholders.  I am grateful to the Board for the confidence they have shown in me today and to the members who have trusted me to represent them over many years.  I hope to play my part in building on the great foundations that have been laid down by all those who have had the vision to make Glanbia into the world class organisation it is today.  In particular I would like to pay tribute to the leadership shown by my predecessor, Liam Herlihy, who has served with great distinction on the Board of Glanbia for the last 18 years and as Chairman for the last seven.  Glanbia has grown from strength to strength in recent years and I look forward to working with the Board, the executive team, the staff and the members to ensure that the organisation continues to deliver for all our shareholders and stakeholders”.

The Board of Glanbia plc also announced the appointment of three new non-executive directors - Patsy Ahern, Jim Gilsenan and Patrick Hogan, as nominees of Glanbia Cooperative Society Limited. They have also joined the board of Glanbia Ingredients Ireland Limited.

For further information contact

Glanbia +353 56 777 2200

Mark Garrett, Director of Communications & Public Affairs + 353 86 6019655
Pat O’ Keeffe, Head of Farmer Relations  +353 87 2414970

NOTES FOR THE EDITOR

Glanbia plc
Glanbia plc is a leading performance nutrition and ingredients group. We employ over 5,800 people in 34 countries and our products are sold or distributed in over 130 countries. We have leading market positions in performance nutrition, cheese, dairy ingredients, specialty non-dairy ingredients and vitamin and mineral premixes. Our shares are listed on the Irish and London Stock Exchanges.

In 2014, Glanbia delivered its fifth consecutive year of double digit earnings growth, with turnover of €3.5 billion and profit of €245m. The Group has almost 6,000 employees and a presence in 34 countries worldwide.

Glanbia plc was formed in 1997 out of the merger of Avonmore Foods plc and Waterford Foods plc. and has its origins in the Irish co-operative movement which started in the 19th Century.

Glanbia Co-operative Society Limited
Glanbia Co-operative Society Limited is the largest individual shareholder in Glanbia plc, with approximately 39.8% of the issued share capital of the Company. Once a planned distribution (“spin-out”) of 10 million Glanbia plc shares to individual Society members is completed later this year, the Society’s shareholding will reduce to 36.5% of the Company.

Glanbia Ingredients Ireland Limited
Glanbia Ingredients Ireland is a 60:40 joint venture between Glanbia Co-operative Society Limited and Glanbia plc. It is the number one dairy processor in Ireland, processing 1.8 billion litres of milk and exporting dairy products to over 60 countries.

New Chairman: Henry Corbally
Henry Corbally (aged 60) was appointed to the Board on 9 June 1999 and has served for 16 years on the Board.  He runs a dairy business at Keenaghan, Kilmainhamwood, Co Meath. 
Henry Corbally is a former Vice-Chairman of the National Dairy Council and served as chairman of Meath IFA from 1986 to 1990. He holds a certificate of merit in Corporate Governance from University College Cork.  He is married to Edel with three adult children – Lisa, Henry and Richard.

New Vice-Chairman
Patrick Murphy (aged 56) was today appointed as vice chairman of Glanbia plc, filling the vacancy created by the appointment of former vice chairman Henry Corbally as chairman.   Patrick Murphy joined the board in 2011 and has served four full years on the board.  He runs a dairy and beef farming business at Smithstown, Maddoxtown, Co Kilkenny.

Board Appointments

  • Patsy Ahern farms at Sheanmore, Ballyduff Upper, Co. Waterford;
  • Jim Gilsenan farms at Drogheda Road, Collon, Co. Louth
  • Patrick Hogan farms at Summerville, Horse and Jockey, Thurles, Co. Tipperary.
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