The announcement was made during the week and comes after MacSweeney’s 25 years in the position.
He will step down from the board and as CEO from December of this year.
Chairman of Carbery group, Dermot O’ Leary, took time to thank Dan for his commitment and work of the past 38years, and said under his stewardship the group experienced a great deal of expansion.
He said, "I would like to sincerely thank Dan for his outstanding commitment as Chief Executive and his dedication to Carbery since he joined the Company over 38 years ago. Under Dan’s leadership and direction, the Group has expanded to a point where we now have diversified operations across four continents supplying close to 40 international markets and a successful and diverse portfolio of dairy, nutrition and food ingredients businesses.”
He also said that Dan’s work has meant “this business success has allowed Carbery pay industry leading milk prices to our suppliers over many years. On behalf of the Board I would like to wish Dan and his family every success in the future.”
The search for Dan’s successor is now underway, with the search being led by the company’s Board members, though there is no immediate rus with Dan remaining in the role until the end of the year.
Speaking at the announcement was the outgoing CEO, Dan MacSweeney.
He spoke of his privilege of having worked in the role and with the company, and thanked the staff for all their support through the years before wishing them success for the future.
He said “I have had the privilege of working with the Carbery Group for many years and the honour of leading the Carbery Group team since 1992. Building and developing the Carbery business over that time has been an exciting challenge and I have received tremendous support in that task from the various board members I have served under, the management team I have worked with and the very committed staff who now number close to 600 and drive our business in our facilities at Ballineen, the USA, South America, the UK and South East Asia. I have great confidence in the Carbery business and I have no doubt that the business will continue to grow and develop in the years ahead, continuing to deliver for the milk suppliers of West Cork in the future.”
The Carbery Group is an international food ingredients, flavours and cheese manufacturer based in Ballineen, Co. Cork, Ireland.
It currently under the ownership of four Irish co-operatives, Bandon, Barryroe, Drinagh and Lisavaird, and employs close to 600 people.
Carbery operates from eight locations worldwide, including Ireland, the UK, the USA, Brazil and Thailand.
Last year the company reported a turnover of €340 million and earnings before tax, depreciation and amortisation of €37million.