Musgrave Group plc announced today that Chris Martin, who became CEO in 2005, will be retiring from the Group.
Commenting, Musgrave Chairman, Nicky Hartery, said: “I would like to thank Chris for his exceptional leadership as CEO and his unstinting commitment to Musgrave over the past 14 years. He has led the growth of outstanding grocery and foodservice brands which are now in leadership positions in one of the most competitive markets internationally. Chris was instrumental in the development of our purpose, Growing Good Business, which forms a lasting foundation for the future success of the business. He leaves the business in good shape with SuperValu and Centra both achieving record sales in 2018. On behalf of the Board and everyone at Musgrave, I wish Chris every success with his future plans. The Board has commenced a succession process and following an orderly transition, Chris will step down from the business.”
Chris Martin said: “After 14 years as CEO, I will be retiring from Musgrave and moving onto my next chapter. Musgrave has been an important part of my life and I have had the privilege of working with exceptional colleagues, world class retailers and supportive shareholders. Through our purpose of ‘Growing Good Business’ we have worked together to build brands that are set up for long term sustainable growth and we have created a business that people can be proud of and which contributes significantly to local communities. I am now working with the Board to provide a seamless transition.”
During his tenure, Chris achieved a number of significant milestones including guiding Musgrave through the recession to today where SuperValu, Centra and MarketPlace have achieved record turnover; the acquisition of key brands like Superquinn, La Rousse Foods and Donnybrook Fair and the establishment of new brands such as Frank and Honest.