C&C chief is set to retire

By Maurice Garvey

THE Chief Executive of Bulmers-maker C&C Group Stephen Glancey, is to retire at the end of February.

A search for Stephen’s successor will commence shortly. Stewart Gilliland has been appointed interim Executive Chairman with immediate effect to “ensure continuity of executive leadership.”

STEPHEN GLANCEY compressor

Stephen Glancey of C&C

Mr Glancey will continue to be available to assist the company with “effecting a smooth handover”.

Headquartered at Keeper Road in Crumlin, the company, whose brands include Tennents and Five Lamps, also said its trading for the four months to December 31, has been “in line with the board’s expectations, including through the key Christmas period.”

C&C said it remains on track to deliver double-digit earnings per share growth for financial year 2020.

Commenting on the update, Mr Gilliland said: “The board would like to thank Stephen for his significant contribution to C&C over many years.

“The company is well positioned to continue to implement its established strategy to deliver value for shareholders and Stephen will continue to be available to help facilitate a smooth handover.”

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