Monaghan co-op lands Gabriel D'Arcy as its new CEO
Current Bord na Mona managing director Gabriel D'Arcy has been appointed CEO Designate of Town of Monaghan Co-op and will succeed Vincent Gilhawley later this year.
A native of Ballinamore, Gabriel D'Arcy has been managing director of Bord na Mona since 2008. While there he led the transformation of the organisation, moving it away from a total dependency on peat operations by moving the State body into renewable energy generation.
Prior to joining Bord na Mona, Gabriel worked since 1989 with the Kerry Group and was closely involved in the rapid expansion of Kerry's ingredients division in Europe.
Gabriel will succeed Vincent Gilhawley who has been CEO of Town of Monaghan for 26 years. Vincent will continue in the role of CEO up until Gabriel takes over later this year and he will then remain on to assist in the transition period.
Town of Monaghan is a cross-border farmer owned and controlled Co-operative, serving 950 milk producers in Monaghan, Cavan and Northern Ireland.
It currently has a milk pool of 450m litres and has just recently reported record pre-tax profits of €10.5m on a turnover of €219m. The co-op operates two processing sites at Monaghan and Artigarvan, Co Tyrone.