Reox chair resigns ahead of talks

REOX chairman Flor Riordan has stepped down from that position on the company’s board, it was confirmed yesterday.

The company said the decision was pending discussions Reox may wish to have with Dairygold Co-op, its largest shareholder, in the coming months.

Mr Riordan is also a director of Dairygold Co-op, which between itself and its own members directly own a 95%-plus stake in the business. Dairygold has already repurchased seven 4HOMES stores from the Reox Holdings.