Chief financial officer at Glanbia, Siobhán Talbot, is to take over chief executive John Moloney's role, after he announced his intention to retire a year earlier than expected. The announcement came at the food group's Annual General Meeting, which was held yesterday, 21 May 2013.
Moloney, who has been with the Group for 25 years, will leave by the end of 2013.
According to Liam Herlihy, group chairman at Glanbia plc, "While it is too soon to say goodbye, it is opportune to say a big thank you to John for his leadership of Glanbia. The Board is delighted to announce that Siobhán Talbot, our Group Finance Director, has been appointed as John’s successor. In preparation for a planned seamless transition, Siobhán will become Group Managing Director Designate on June 1."
Talbot has been with the group for over a decade and has held various roles during her time at the company, including group operating executive, deputy finance director and group finance director.
Commenting on his decision to retire, Moloney said, "“I feel that after 12 years at the helm and over 25 years with the Group it is the right time for all concerned to pass the leadership of Glanbia to someone new. I am delighted that Siobhán Talbot has been appointed as my successor. She brings a drive, energy, deep knowledge and commitment to her role that will move the Group to the next phase of growth and development."
