Retail

Tayto Group Chief Executive Paul Allen Steps Down

By Dayeeta Das
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Northern Irish snack manufacturer Tayto Group's chief executive, Paul Allen, has stepped down from the position after 17 years at the helm, reports the Belfast Telegraph.

'New Challenges'

Allen cited the desire to explore "new challenges" as the reason for his departure from the organisation.

It is being speculated that he will focus on Genesis Crafty baked goods firm, which he acquired last year through his company Hatch Bros for £1.8 million (€2.04 million).

Brand Expansion

Under Allen's leadership, the snacking brand established itself as one of the largest indigenously-owned crisps and snacks brands in the UK.

In 2006, it purchased Golden Wonder, and in more recent years it acquired various popcorn businesses and vending companies, the report said.

© 2019 European Supermarket Magazine – your source for the latest retail news. Article by Dayeeta Das. Click subscribe to sign up to ESM: The European Supermarket Magazine.

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