Aurivo announces CEO’s retirement effective at 2026 AGM

AURIVO has announced that Donal Tierney is to step down as CEO following the Co-op’s annual general meeting in May 2026.

His retirement next year will mark a 15-year tenure with the co-op, including six years of leadership as CEO.

Under Donal’s stewardship, Aurivo achieved significant milestones and established a strong foundation for future success. The Co-op is currently in a strong financial position, with robust trading performance, very low debt levels, a growing milk pool, and the support of a dedicated and engaged board, employees, members and stakeholders.

Commenting, Raymond Barlow, chairman of Aurivo, expressed deep gratitude for Donal Tierney’s leadership of the co-op since 2020: “Donal is an exceptional leader who has driven growth and has set Aurivo on a path of sustained success.

“Notable highlights under his tenure include: The acquisition and successful integration of the liquid milk and van sales business of Arrabawn; the five year €70m investment programme across the co-op whilst keeping net debt levels in check; and his adroit leadership of the business through challenging trading conditions brought about by the Covid pandemic.

“It is also worth noting that under his leadership, our employee engagement score and the overall culture within Aurivo has steadily improved.

“His vision, dedication and ability to inspire those around him have benefited the business strongly and will continue to do so until he steps down in 2026.

“The board, on behalf of the co-op extends heartfelt thanks to Donal for his outstanding leadership and unwavering dedication to Aurivo. We look forward to working with him in 2025 and wish him every success and happiness in his retirement in 2026.”

Donal Tierney commented: “It has been an extraordinary privilege to lead Aurivo and work alongside such talented and committed individuals. Together, we have navigated challenges, seized opportunities, and led a business that is well-positioned for the future.

“While I remain as CEO for the coming 15 months, and as I also prepare for the next chapter of my life after Aurivo, I am deeply proud of what we have achieved together and look forward to watching our co-op continue to thrive.”

Over the coming year, the board will initiate a comprehensive search process to appoint a CEO. With a committed leadership team and a clear strategic vision, the board is confident in a seamless transition that will build upon the strong foundation laid during Donal’s tenure.