Following discussions between LacPatrick Dairies and the Chief Executive Officer Gabriel D’Arcy, it has been agreed that Mr D’Arcy will depart LacPatrick.
LacPatrick Dairies chairman Andrew McConkey said:
“I would like to wish Gabriel, his wife and family all the very best for their future.”
Gabriel D’Arcy said:
“It has been an honour to serve LacPatrick and its shareholders. I would like to thank the chairman, the board, management, staff and shareholders for their support and assistance in transforming LacPatrick over the past four years.”
Separately, Dr Seán Brady has been appointed by the LacPatrick Dairies board on an interim basis as Acting Head of Operations.
Commenting on Dr Brady’s appointment Andrew McConkey said:
“I am confident that Seán’s experience will provide the LacPatrick board and management with the support and guidance required at this time.”
Concluding Andrew McConkey said:
“These events do not impact the current process LacPatrick is involved in. We remained involved in exclusive amalgamation talks with Lakeland Dairies. These talks are progressing and we hope to be in a position to announce further details in the coming weeks,” McConkey said.