Gary McGann

Gary McGann
BornAugust 1950 (age 74)
Palmerstown, County Dublin, Ireland[1]
Alma materUniversity College Dublin
Trinity College Dublin
OccupationChartered accountant
Known for
Board member of
SpouseMoira McGann
Children3[3]

Gary McGann (born August 1950)[4] is an Irish accountant, the former chairman of Flutter Entertainment,[5] and former CEO of Smurfit Kappa and Aer Lingus.[6]

Education

McGann earned a bachelor's degree from University College Dublin and also an MSc in management science from Trinity College Dublin.[7]

Career

McGann was CEO of Smurfit Kappa from November 2002 to August 2015, when he retired from executive roles.[7][6]

McGann was a non-executive director and member of the audit committee, of failed Irish bank, Anglo Irish Bank from 2004 to its nationalisation in 2009.[2][3]

In 2019, McGann lost a tax appeal against tax treatment on two payments totalling €2.3 million from when he was chief executive of Smurfit Kappa in 2011.[8] The Tax Appeals Commission ruled the €2.3m claimed as a gift from shareholders was liable for tax.[8]

In late 2016, McGann was appointed as chairman of Aryzta.[9] In August 2020, he announced he was stepping down from the Board of Aryzta.[10][11]

References

  1. ^ "Determination paying off". Irish Independent. 11 February 2012.
  2. ^ a b "The long and winding career of Gary McGann - one of Ireland's best-known business leaders". journal.ie. 17 December 2016.
  3. ^ a b c "Gary McGann: 'It's not what you achieve but how you achieve it'". Irish Times. 30 October 2015.
  4. ^ "Gary MCGANN - Personal Appointments (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 25 October 2017.
  5. ^ "Veteran businessman Gary McGann bows out as Flutter chairman". independent.ie. Retrieved 18 September 2023.
  6. ^ a b "McGann finds his hire calling at Paddy Power Betfair and Aryzta". irishtimes.com. Retrieved 25 October 2017.
  7. ^ a b "Stocks". Bloomberg.com. Retrieved 25 October 2017.
  8. ^ a b McCárthaigh, Seán. "Former Smurfit chief Gary McGann loses tax appeal". The Irish Times. Retrieved 10 December 2021.
  9. ^ Brennan, Joe. "Bread-maker Aryzta's rebel shareholder whipped it out of the oven too soon". The Irish Times. Retrieved 10 December 2021.
  10. ^ "McGann stepping down at troubled Aryzta". The Irish Times. Retrieved 10 December 2021.
  11. ^ "Aryzta proposes new chairman to take over from Gary McGann". independent. Retrieved 10 December 2021.