Glanbia appoints Wendy Chang Smith as Chief Financial Officer

IRELAND – Glanbia has appointed Wendy Chang Smith, currently Chief Digital & Transformation Officer, as CFO and an Executive Director on the Company’s Board on 31 March 2027, following the retirement of Mark Garvey.

Wendy previously served as CFO of Glanbia’s Performance Nutrition segment. Before joining Glanbia in 2020, Wendy held senior finance positions with Amazon, Kellogg, Johnson & Johnson and Proctor & Gamble, working in the US, Europe and Asia.

She holds a Bachelor of Science (Mathematics) and an MBA (Finance) from Brigham Young University in the United States.

Hugh McGuire, CEO Glanbia said: “I would like to congratulate Wendy on her appointment as Chief Financial Officer Designate. Wendy is a trusted leader within the Company and brings significant finance, digital and transformation experience gained across the consumer branded and retail sectors.”

The company reported revenue of US$2.1 billion, an increase of 7.0%, in half-year 2026. EBITDA was US$275.4 million, up 14.1%.

In the Dairy Nutrition (DN) segment, EBITDA was US$92.3 million, with strong volume and pricing growth in protein solutions, benefiting from sustained underlying consumer demand for protein solutions.

Hugh McGuire, Chief Executive Officer, said: “We delivered volume and like-for-like revenue growth across all three segments, reflecting disciplined execution as we continue to navigate whey cost inflation within Performance Nutrition.

“Optimum Nutrition delivered double digit volume growth in the period driven by accelerating category growth, increased distribution, ongoing innovation and the brand’s continued leadership within the category. We also generated strong volume growth across Health & Nutrition and Dairy Nutrition, with good demand in H&N’s end-use markets and strong volume and pricing growth in protein solutions within DN.”

Glanbia expects adjusted EPS growth of 17% to 20% constant currency, Performance Nutrition like-for-like revenue growth of 12% to 14%, H&N like-for-like revenue growth of 8% to 10%, and Dairy Nutrition EBITDA of US$170-180 million in the next financial year.

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