Crucial time ahead for overall firm as executives are told to go

FORMER boss of Dairygold Co-op Jerry Henchy has been removed as chief executive of Reox Holdings, which was spun out from the dairy operation in 2006.

Mr Henchy was removed from the top job in Dairygold in mid-January and the reasons given were vague.

The latest decision leaves the two groups rudderless and sources close to both companies say the next 12 months will be crucial to the group overall.