View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 3, 2020

Noble Foods names Kerry executive Duncan Everett CEO

Noble Foods, the UK-based business behind brands The Happy Egg Co. and Gü, has appointed a new chief executive.

By Dean Best

Noble Foods, the UK-based business behind brands The Happy Egg Co. and Gü, has appointed Kerry Group veteran Duncan Everett as its new chief executive.

Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

Everett, who joined Kerry on the Irish company’s graduate programme in 1995, will take the reins at Noble in September.

Most recently the CEO of Kerry’s consumer-facing Kerry Foods arm, Everett is replacing Dale Burnett, who has been at the helm of Noble for four years.

“It almost doesn’t bear saying – these are extraordinary times that has stress-tested the resilience of every person in the food industry,” Everett said. “The stories that I’ve heard from the team at Noble Foods fills me with the confidence and excitement that we can drive the business forward despite the turbulent times the UK is currently facing.”

Sarah Dean, the owner of Noble Foods, said Everett brings “strong commercial acumen” to the company “along with invaluable experience driving business performance in both fruitful and difficult times”.

Dean added: “Dale delivered outstanding results during his 12-year tenure at Noble Foods. Under his watchful eye, both The Happy Egg Co. and Gü have grown to become brand leaders in their respective categories. Dale will be splitting his time between the golf course and travel and we wish him every success for the future.”

The most recently filed set of accounts at the UK’s Companies House for Noble Foods cover the 52 weeks to 27 September 2019. Turnover stood at GBP314.2m (US$391.6m), down slightly from GBP317.5m a year earlier.

Operating profit was GBP8.9m, versus GBP11.3m a year earlier. The company made a profit for the financial year of GBP5.8m, against GBP7.2m 12 months earlier.

Kerry, meanwhile, today announced Everett has been succeeded as CEO of its Kerry Foods unit by Nick Robinson, who has worked for the Richmond sausages maker since 2017.

Related Companies

Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

Topics in this article: ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every other month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Food