C&C CEO to step down
The CEO of Magners cider manufacturer C&C Group is to step down at the end of the year.
John Dunsmore will be succeeded by Stephen Glancey, currently the COO and finance director. Kenny Neison will be group’s new finance director and the company said “further senior management appointments will be announced in due course.”
C&C’s chairman Sir Brian Stewart said: “On behalf of the board, I would like to thank John for leading an executive team that over the last three years has delivered a substantial turnaround of C&C and transformed the group during a period of worldwide economic turbulence."
Dunsmore said: “It has been a period of intense activity and progress and I have decided that, with the strategic course of the business established, this is the right time for me to hand over the baton to Stephen Glancey. I am confident that with his leadership, C&C will continue to make excellent progress. I will continue to support C&C as an investor.”