Ornua begins hunt for new CEO as Lane to step down
Ornua CEO Kevin Lane is to step down after eight and a half years in the role.
Mr Lane, who took charge of the firm in January 2010, is expected to leave the company at the end of June 2018.
A statement from Ornua said that he is leaving to spend time with his young family and to pursue other interests.
It is understood a process to find a replacement is underway.
"It has been an absolute honour to lead Ornua though a very significant period in its history," said Mr Lane.
Ornua is the largest exporter of Irish dairy products with sales of €2bn to 110 countries.
Chairman Aaron Forde said he and the board had been privileged to work with Mr Lane.
"Kevin has successfully led Ornua through a period of significant change and growth, particularly the ending of dairy quotas in 2015.
"With great vision, Kevin together with his senior leadership team, have strategically reshaped and refocused the Ornua business to unlock new routes to market and to drive international growth while consistently delivering strong results for Ireland's dairy processors and farming community," he said.
Ornua's recent milestones included the opening of its first processing plant in Ireland, the €38m Kerrygold Park in Mitchelstown, Co Cork, and international expansion under the Kerrygold brand.