Hugh Friel is set to retire as CEO of Kerry Group - the Irish food company behind Wall's sausages, Mattessons and Cheestrings.
Friel will retire on 31 December. He has worked for Kerry since it was founded in 1972 and has led the group since January 2002.
Stan McCarthy, who is currently president and chief executive officer of Kerry Ingredients Americas, replaces him. McCarthy has worked at Kerry for 31 years, having joined its graduate recruitment programme in 1976.
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