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Roebuck Food Group PLC - Newry, Northern Ireland-based protein and product sourcing company - Says Chief Executive Declan Morrissey will step down on Thursday after six years at Roebuck, having joined as head of Dairy Division in 2017. Morrissey says he plans to develop an Integrated Bioenergy site network across Ireland focusing on anaerobic digestion, biomethane, biofuels and renewable energy. He will be replaced by Non-Executive Director Kieran Mahon. Mahon was managing director from 2016 to 2021, before re-joining the company as a non-executive director in April.
Roebuck says that in light of the above, it asked Executive Chair Ted O’Neill to reconsider his decision, announced in April, to step down on September 29 after ten years in the role. O’Neill has agreed and consequently will continue as non-executive chair.
Current stock price: untraded at 11.80 pence on Wednesday in London
12-month change: down 21%
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