Food group Aryzta has appointed Kevin Toland as its new chief executive. Mr Toland is currently chief executive at airports operator, DAA. He was previously a senior executive at Glanbia in the United States.
Aryzta, which has been under pressure in the market, has been without a chief executive since the departure of Owen Killian earlier this year.
The Swiss-Irish company said this month that it was evaluating options for its 49 per cent stake in French food company Picard, seen by many as a problematic asset for the Cuisine de France owner. The group said at that stage that its focus was on “cash generation”.
Privilege
DAA chairman Pádraig Ó Ríordáin said it had been “a privilege to work with Kevin” over the past 4½ years.
The DAA board will now begin the process of identifying a new chief executive, Mr Ó Ríordáin said.
Mr Toland said: “I have greatly enjoyed working with staff and management. I have learned so much from my time with DAA and am so proud of the fantastic job that our staff do for our customers and passengers across the globe on a daily basis.”
Source: Irish Times
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