Valeo Foods has appointed Ronald Kers as its next group CEO, following Seamus Kearney’s decision to relinquish the leadership role.
Kers will assume the position in the summer following five years as chief executive of 2 Sisters Food Group. He commented: “I’m thrilled to be joining Valeo Foods and look forward to partnering with the team to help realise the ambition of building a scale and growing a platform of multinational food brands”.
In a LinkedIn post, Kers wrote that it was with “mixed feelings” that he informed his network of his decision to leave Boparan Holdings (BHL), 2 Sisters Food Group’s parent company. He wrote that “I have thoroughly enjoyed my time as CEO of BHL for the past five years,” adding, “I believe that the time is right for me to move on to the next challenge”.
Richard Pennycook, chairman of BHL, said: “The business remains focused and in good shape following the challenges of Covid, Brexit and continuing inflationary pressures. We are well-placed to handle a smooth succession process in light of Ronald’s departure later this year.”
Outgoing Valeo CEO Kearney has held the position for more than 11 years, during which time the company says he has “spearheaded a period of exceptional growth and expansion of the group, including leading 18 acquisitions”.
Kearney said: “While my role is evolving in the business, I remain incredibly passionate and excited about the future for Valeo Foods, and I look forward to supporting Kers and the Bain Capital team in a different capacity and as a long-term committed shareholder”.
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