The Board of Greencore Group plc (LON: GNC) has announced this morning that Peter Haden will step down as an executive director on December 31st, 2019 and will leave the Group on April 12th, 2020.
This decision follows the Group’s exit from the US market last year, the reset of Group strategy (as communicated at the Capital Markets Day on September 26th, 2019), and the consequent need to simplify the management structure under the leadership of the Group CEO, Patrick Coveney.
Gary Kennedy, Greencore Group Chairman said:
“The Board appreciates the contribution that Peter has made to the development and performance of Greencore over the past five years. He is an outstanding executive. He will stay in role with his current responsibilities until the end of December and work closely with Patrick to enable the Group to transition seamlessly to the new structure thereafter. Patrick will then assume responsibility for the principal management responsibilities currently held by Peter.”
Patrick Coveney, Chief Executive Officer said:
“Peter has made an enormous contribution to Greencore during his five years with us. As Chief Development Officer, Chief Executive of our UK business, and as Group Chief Operating Officer, he brought strategic clarity, functional excellence, and a results-driven focus to the Group. He did all that while also being driven, collaborative, and great fun to work with. I wish him the very best in his future career.”