Fyffes’ chief resigns and son takes over
Mr McCann, credited with turning the company from a fruit importer and distributor in Ireland into one of the world’s top four fresh produce distributors, has been replaced by his son, Carl McCann, who has been the company’s vice-chairman.
Neil has been at the helm of the company since 1951 and led Fyffes to the stock exchange in 1981 when it had sales of 30 million. Since then, it has expanded rapidly through acquisition and organic growth in Britain and Europe. Last year, the company had full-year sales of 2 billion and pre-tax profits of 68 million. He will remain on the board as a non-executive director.
