Business

New roles for Coy and Mack at GraceKennedy

Career Ladder

Wednesday, December 20, 2017

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GraceKennedy Group CEO Don Wehby has announced senior management changes within the GraceKennedy Group to take effect on January 1, 2018.

CEO of GraceKennedy Jamaica Andrea Coy has been appointed CEO of GK Foods International Business, a position previously held by Ryan Mack. Coy will now oversee GraceKennedy's manufacturing and distribution operations in the USA, Canada and the UK, as well as the company's continued expansion into West Africa and Europe.

Coy will also have responsibility for GraceKennedy's distribution operations in Latin America and the Caribbean.

She will continue to lead the Global Category Management Unit as the Company renews its commitment to a marketing led, customer centric approach to doing business.

GraceKennedy in a statement to shareholders on the Jamaica Stock Exchange, said Mack will take up the role of CEO of GK Foods Domestic Business. His portfolio will include the Hi-Lo Food Stores, GK's manufacturing operations in Jamaica, GK's local distribution operations which comprises Grace Foods & Services, World Brands Services, and the recently acquired Consumer Brands Limited.

He will lead the local operations in fortressing the retail, manufacturing and distribution arms of the business while increasing efficiencies and maintaining the Company's strong position in the market.

Both Coy and Mack will continue to report to the Group CEO, Don Wehby. In making the announcements, Wehby praised both Coy and Mack for their contribution to the company over the years.

As of January 1, 2018, Derrick Reckord will be appointed to act as President and CEO of GraceKennedy Foods (USA) LLC. Reckord joined GraceKennedy in 1987 as a management trainee and quickly established himself as a senior manager within the Group.

Current chief financial officer of GKMS, Margaret Campbell, will also be appointed country manager for the Jamaican operations of GKMS, after joining the company in 1996 in the role of accounting clerk.

The newly created role will see Campbell reporting to Michelle Allen, CEO of GKMS, which is the exclusive agent for Western Union in Jamaica and several Caribbean countries as part of a long-standing joint venture arrangement between GraceKennedy and Western Union.

Steven Whittingham, who joined the company in 2013, will be appointed to the GraceKennedy's executive committee. The committee, which is chaired by the Group CEO, has executive leadership responsibility for overseeing the group's operations. Whittingham will continue in his roles as Chief Investment Officer for the GraceKennedy Group and Managing Director of GK Capital Management and GK Investments.

In 2015 GraceKennedy embarked on a restructuring programme. The move is in keeping with the company's strategic goals and its vision to become a global consumer group and to eliminate duplication of efforts and costs across the group.

“I am very confident that these changes will improve efficiencies and further streamline the organisation, allowing us to achieve the stated growth objectives for 2018 and beyond,” Wehby said.

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