Figures also announced today suggest the company performed well in 2012, with intentions of increased investment ahead of the abolition of EU milk quotas in 2015.

“Revenue, profits, margins and dividends all increased for the third consecutive year and adjusted earnings per share grew 22.1% to 56.56 cents” the company said in a statement.

The company announced the creation 1,600 jobs in the South East last month, estimated to be worth €400 million a year to the local economy. 

Former Finance Director at Glanbia, Siobhán Talbot, will take on her new role in less than three weeks, which follows on her predecessor this morning announcing his intent to retire at the end of this year.

John Moloney is currently a non-executive director at Greencore, which was implicated in the horse DNA scandal earlier this year.

Two other appointments were announced today Glanbia, Hugh McGuire as as Chief Executive Officer of Global Performance Nutrition, and Brian Phelan as Chief Executive Officer of Global Ingredients.

The company made the announcements at their AGM, being held in Kilkenny today.