Greencore appoints chief financial officer
Emma Hynes is to take on the position of executive director and chief financial officer with effect from 19 May 2020. She is to replace Eoin Tonge, who announced his departure from the business last month.
Hynes has held a number of senior finance roles during her career, having most recently served as chief financial officer of Pressup Entertainment Group from February to November 2019.
Career in finance
Prior to her role at Pressup, she spent 12 years at Greencore in finance positions, including group finance director from February 2017 to February 2019. In this role she led a large finance function, responsible for financial reporting, financial planning and analysis, financing and capital management, treasury, tax, strategic finance projects, and corporate activity.
To ensure an orderly transition, Emma will join Greencore as chief financial officer designate on 6 April 2020.
Commenting on Hynes’ appointment, chief executive Patrick Coveney said: “We are delighted that Emma is returning to Greencore, having gained invaluable experience with an external company.
Skills and experience
“Emma was an outstanding finance leader during her tenure with us and has an in-depth knowledge of both the group and the food and beverage sector. I greatly look forward to working with her.”
Meanwhile, Greencore has reported that – from a demand perspective – group volumes are holding up well, despite the nationwide impact that the coronavirus outbreak and subsequent lock-down has had on the country.
However, it said that, given the level of uncertainty, it was too early to predict the impact of COVID-19 on its full-year 2020 results.
This was despite a number of manufacturers reporting a 50% increase in production as consumer panic-buying led to a surge in sales.