Glanbia, the Irish food group, has announced that director and vice-chairman John Fitzgerald is to retire.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Fitzgerald (pictured) will retire at the company’s board meeting next May, the company said today (27 November).


Glanbia last week announced plans to cut 65 jobs from its domestic dairy ingredients business in a bid to stem losses from the division.


The company said its Irish dairy ingredients business would be “significantly loss-making” in 2009. The job losses come after a series of cost cuts earlier in the year.


Glanbia also to cut its earnings target on the back of a “deterioration” in the performance of its domestic dairy business.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

The company last week forecast that its 2009 adjusted earnings per share will reach between 30 and 31 cents, which it said is at “the lower end of market expectations”. In August, Glanbia set a target of 30 to 32 cents.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now