Former CEO: Dairygold branded me a thief

In a letter written after he was allegedly dismissed from the co-operative society, former Dairygold CEO Jerry Henchy claimed he had effectively “been branded a ‘thief’ by Dairygold”.

In the letter, read out in the High Court yesterday, Mr Henchy, who had been a joint CEO of Dairygold and Reox Holdings PLC, claimed his ability to represent the interests of Reox shareholders, most of whom were also shareholders of Dairygold, had been severely undermined by Dairygold.

“Effectively I have been branded a ‘thief’ by Dairygold and, at the same time, I am asking the members of Dairygold and the Dairygold board members to put their trust in me to represent their best interests in my capacity as CEO and director of Reox, and to sit alongside these same people at the Reox AGM who removed me from my position as CEO,” wrote Mr Hency.