McCambridge CEO Gavin Cox has left the group as part of the company’s restructuring programme.
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Andrew Coppel, currently executive chairman, will combine the roles of executive chairman and CEO with immediate effect.
Coppel was named executive chairman in October 2008, after previously holding the position of non-executive chairman at the London Irish Rugby Club and Irish Tourism.
McCambridge, the Irish bread company, said the departure was a result of the group’s decision to “deliver greater accountability and cost savings”, which has seen the creation of four divisions, each headed up by its own MD.
Cox joined the company in November 2007 as firstly chief financial officer and then CEO, managing the business through the acquisition of Inter Link Foods in July 2007.
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By GlobalDataPreviously, the company had 17 different business units in three countries – Ireland, UK and Poland. The company has now reduced that to four divisions – Ireland, Niche, Soreen and Own Label.
A spokesperson for the company told just-food: “The decision was made by mutual consent. It’s a much smaller role now and it changed from when he [Cox] first joined and the shrinking of the role meant that one man could do both roles combined so that’s why the company and Gavin decided amicably to part ways.”
The group has also promoted Mark Devine to director of finance and strategy from his previous role of director of development and strategy.
