Full coverage: Gary McGann

The Swiss-Irish baked goods multinational is now in takeover negotiations with Elliott Management, a $41 billion New York investment firm. How does this play into today's EGM called by disgruntled shareholders, where Chairman Gary McGann's chosen successor has just withdrawn his candidacy?

An EGM requested in May by disgruntled shareholders of the global bakery manufacturer will not take place until mid-September. If Aryzta can be sold, its chairman Gary McGann, an experienced boardroom veteran, has given himself as much time as he could to make the deal and exit with his head high – if not, he has promised to bow out.

Activist shareholders intent on taking over the Swiss-Irish food company’s board have strong candidates and a pessimistic reading of its accounts. Can they bring other investors along?

Gregor Greber, co-founder of Swiss investment firm Veraison, speaks exclusively to The Currency as he joins forces with disgruntled shareholders to remove all Irish directors from Aryzta’s board.

Gary McGann believes people need to see evidence of improvement if they are to regain trust in the establishment. In this candid interview, the business leader talks about politics, housing, betting and the highs and lows of his life in business.

By launching High Court proceedings, the businessman Gary McGann has upped the ante in his battle with the Revenue Commissioners over a €2.3m “generous gift” from Smurfit shareholders.