Dr Dermot Smurfit has been appointed chairman of John Menzies, the distribution and aviation business.
Dermot Jenkinson, interim chairman of John Menzies, said: “I am delighted to be able to appoint a chairman of the calibre of Dr Smurfit. As previously announced I had committed, at short notice, to act as chairman until such time as a suitable candidate had been found.
“The obvious qualities that Dr Smurfit possesses and his availability to assume the chairman responsibilities immediately meant I was happy to recommend his appointment. I am confident that Dr Smurfit will be a great asset to the group.”
Smurfit is currently chairman of PowerFlute and ML Capital. He is also a non-executive at Timber Capital and The Forest Company.
Smurfit will take over formally on 25 July.
In May a trading update for the first four months of the year showed John Menzies’ revenues were up 7%. Cargo volumes were, however, down 2%. February saw the company complete its acquisition of Renaissance Aviation in Bermuda.
Related Posts
-
May 18, 2016
Interim chairman appointed and search for successor underway.
-
December 14, 2016
Nissan chairman and chief executive consolidates leadership to create three-way alliance.
-
June 11, 2015
Mary Schapiro, the former chairman of the SEC, the US financial watchdog, has been appointed a non-executive director to London Stock Exchange Group. Schapiro headed the SEC from 2009 to 2012 and has also served as chairman of Financial Industry Regulatory Authority in the US. Under Schapiro the SEC was noted for improving its enforcement programme and since 2009 has recovered $11bn in "disgorgements and penalties". Schapiro is also a non-executive at General electric Co and is vice chairman of the Sustainability Accounting Standards Board.
-
September 3, 2015
Porsche CFO nominated on Volkswagen AG board.