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Board Changes at ARYZTA

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Board Changes at ARYZTA

Board Changes at ARYZTA
September 26
12:56 2016

ARYZTA, the global speciality bakery and food group, has announced some significant board changes. Gary McGann is joining the board as chairman and Rolf Watter is to join as a non-executive director. The appointments are subject to approval by ARYZTA shareholders at its upcoming AGM (13 December 2016).

Retiring chairman Denis Lucey comments: “The board is delighted to have secured the services of Mr McGann and Prof Watter. Gary and Rolf bring a wealth of experience, expertise and capability which will serve the Board and the shareholders.”

Gary Mc Gann has extensive experience in leading, managing and governance of major global businesses. He is currently chairman of Paddy Power Betfair Plc., one of the leading sports betting and gaming groups in the world. Mr McGann is also a current director of Smurfit Kappa Group plc, Green REIT plc, and MPS plc.

Rolf Watter has been a partner at the Zurich law firm Bar & Karrer since 1994. He specialises in M&A and capital market transactions and is a leading expert in corporate governance. He is currently chairman of PostFinance AG and serves as a non-executive director of AW Faber Castell AG and AP Alternative Portfolio AG. He is a member of the Regulatory Board of the SIX Swiss Exchange and is also a professor of law at the University of Zurich.

ARYZTA is based in Zurich, Switzerland, with operations in North America, South America, Europe, Asia, Australia and New Zealand. ARYZTA has a primary listing on the SIX Swiss Exchange and a secondary listing on the ISE Irish Exchange.

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