Gary Mcgann

127 results

Aryzta CEO Owen Killian: he has ruled out going cap in hand to shareholders for money to bolster the balance sheet

In late 2015, after a rocky six months in which Aryzta’s stock had tumbled 50 per cent amid a series of disappointing earnings results from the Swiss-(...)

 Gary McGann said he first learned of former chairman Sean FitzPatrick’s extensive loans from the bank in December 2008. Photograph: Bryan O’Brien/The Irish Times

Colm Keena Legal Affairs Correspondent The lead investigator into allegations of criminal offences by former chairman of Anglo Irish Bank Sean FitzP(...)

Aryzta Owen Killian chief executive:  the team may have misjudged  the impact of its cookies and muffins unit Otis Spunkmeyer attempting to retail its brands directly. Photograph: Cyril Byrne

Aryzta’s need to refinance €600 million of debt in the next year has become more difficult in the wake of the latest profit warning this week from the(...)

Wall Street was flat after the open on the last trading day of 2016 due to losses across most sectors, but was still on track to record hefty gains for the year.  Photograph: Stephen Yang/Reuters

European stocks inched higher on the last trading day of the year, poised for their first annual decline since the peak of the sovereign-debt crisis i(...)

Gary McGann: The former Smurfit boss is up for the position of chairman of Aryzta food group.  Photograph: Frank Miller

Shareholders in Swiss-Irish food group Aryzta have backed the appointment of Gary McGann as chairman, though close to one in five voted against. Inst(...)

Michael Noonan:  contacted by ISME about  “intimidatory” bank tactics. Photograph: Gareth Chaney/Collins

Banks are requiring company directors to sign undated letters of resignation as part of the collateral for business loans, the Sunday Times and Sunday(...)

US Federal Reserve Board chairwoman Janet Yellen. Photograph: Reuters

MONDAY Results: Peregrine Pharmaceuticals. Meetings: US Federal Open Market Committee meeting. Indicators: Irish construction PMI (Nov); US monthly(...)

 New York Stock Exchange: power companies  the only group to advance. Photograph: Michael Nagle/Bloomberg

European shares fell on Thursday as underwhelming Chinese trade data knocked down mining stocks. US stocks also fell to three-month lows as the disap(...)

“Non-resident directors can reclaim vouched travel expenses at cost, whereas resident directors must pay tax on these. This makes no sense and is unfair”

Spare a thought for Ireland-resident non-executive directors (NEDs). These are the people who sit on the boards of listed companies, private businesse(...)

Digiweb founder Colm Piercey: said there were “definitely no talks”.

The Sunday Times reports that Digiweb has hired IBI Corporate Finance to review its strategic options, including a possible sale of the telecoms comp(...)

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