Full coverage: Aryzta

Legal disputes arose over performance entitlements due to senior executives who had exited Aryzta in the investor upheaval that engulfed the company behind bake-off business Cuisine de France, and other brands in late 2020.

Following the demergers of Tirlán and Kerry co-ops from the PLCs they had founded, rural Ireland is full of well-funded, relatively strong farmer-owned businesses ready for a new strategy.

Restrictive debt arrangements were among the factors that precipitated the baked goods multinational into a leadership crisis four years ago. As its financial health improves, Aryzta is shaking them off.

In 2020, investors at the Swiss-Irish baking multinational revolted and the senior management team departed in their droves. Now four of its top ex-executives are suing the group.

Kevin Toland stood down as CEO of Aryzta in turbulent times during an investor revolt. Now he is suing the Swiss-Irish food giant.

Two years on from a boardroom coup, Swiss and German directors have taken the group behind Cuisine de France out of America and into the black – or just about. Despite its exposure to inflation, Aryzta’s boss Urs Jordi is confident its recovery will continue.

When the Swiss-Irish baking giant was formed 13 years ago, Urs Jordi missed out on the top job. By delivering on his promise to get out of the US, he seeks to get a clean slate – and turn back the clock.

Aryzta’s new chairman and interim CEO Urs Jordi has resisted an offer by the US hedge fund Elliott to buy out the Swiss-Irish baking multinational, and his shareholders have just rewarded him with a 92% re-election vote. Here is what he plans to do next.

By unveiling a conditional €730m bid for the Irish-Swiss baked goods manufacturer, New York billionaire Paul Singer’s firm has triggered a chain of events that has already claimed its CEO. Three weeks from a crucial AGM, this is hardly the end of it.

All Irish board members have left the board of the frozen baked goods group following an EGM that saw dissident shareholders put an end to Gary McGann’s chairmanship of the company this Wednesday.