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Gary McGann faces a roasting as activists light fire under troubled Aryzta

John Mulligan


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Gary McGann. Photo: Bloomberg

Gary McGann. Photo: Bloomberg

Gary McGann. Photo: Bloomberg

IRELAND’S veteran corporate insider is facing what could be the biggest challenge of his decades-long career.

With activist investors launching an all-out attack this week on Aryzta, the Swiss-Irish bakery group where Gary McGann is chairman, the company has a battle on its hands that no-one will emerge from unscathed.

The investors – including Spain’s Cobas and Switzerland’s Veraison – want to oust McGann from the position he’s held since 2016.