Reox Holdings, which was spun off from the Dairygold Co-op, says it is making the position of chief executive redundant as part of cost-saving measures.
This means current chief executive Jerry Henchy will be leaving the company. Earlier this year, Dairygold said it would appoint its own full-time chief executive, and would no longer be using an arrangement under which Mr Henchy fulfilled the two roles.
Mr Henchy's tenure at Dairygold and Reox has been controversial, with considerable opposition from employees and farmer members to his restructuring which saw staff numbers cut from 3,000 to less than 1,000 and the co-op exiting pig meat processing.
Reox said a number of other positions would also go. 'The board is satisfied that the duties of those being made redundant will be absorbed within the revised management structure,' a statement said.
Finance director Peter O'Donoghue will stay on as a director, while Richard O'Leary continues as company secretary.
Reox's businesses include consumer foods firm Breeo Foods, DIY chain 4Home and Alchemy Properties.
