Departure shows group in deep crisis

JERRY Henchy’s removal first as boss of Dairygold in January 2009 and then as chief executive of Reox yesterday points to a deep crisis within the overall group.

Reox is the non-dairy part of Dairygold which was launched in May 2006.

Mr Henchy, who was appointed chief executive of the overall group in 2003, decided to break up the Mitchelstown-based dairy co-op into two distinct units.