Norbrook announces CEO succession
Tuesday 05 September 2023
Having delivered a clear strategic plan and multi-year capital investment programme to position the company strongly for the future, Norbrook today announces a CEO succession plan to build on the business transformation that has taken place in recent years.
With this solid foundation in place, Liam Nagle, Chairman & CEO, with the Board, decided to consider CEO succession planning to support the company as it moves to the next phase. Given the strength of the business operationally, it was agreed that a leader with a strong commercial background was critical to lead Norbrook in the future.
The CEO appointment was the conclusion of an extensive global search process led by a subset of the Board and supported by an executive search firm. Following this, Norbrook is delighted to appoint Andrea Iucci, formerly Senior Vice President and Corporate Office, EMEA in IDEXX, as CEO, who will take over from Liam later this year. Liam will continue his role as Chairman of the Board.
Since he joined Norbrook Laboratories in 2015, Liam Nagle’s strategic vision, operational focus, drive, and energy, have enabled Norbrook to deliver improvements in all areas of the business. In that time, the company has strengthened its talent pool, enhanced its manufacturing capability, achieved higher quality standards, and created a culture based on core values. With the strategic plan and multi-year investment programme delivered, the company is well-positioned for future growth.
Liam Nagle, CEO & Chairman Board of Directors at Norbrook, said: “I would like to thank the Board of Directors, Shareholders, Norbrook employees, and our loyal Customers, for their support in my time as CEO. I truly believe we have a great business, in a great sector, and I look forward to Andrea leading the business through its next phase. I am honoured to continue my involvement in Norbrook as Chairman of the Board, and will work closely with Andrea to ensure a smooth transition.”
Andrea Iucci commented: “I am excited by the opportunity to join Norbrook Laboratories and continue the great work done by the team. I look forward to leveraging my commercial background and years of experience to build on Norbrook’s strong foundation and drive significant growth globally”.
Lady Ballyedmond, Vice-Chair Board of Directors of Norbrook said: “On behalf of the Board, I would like to thank Liam for his leadership, vision, and commitment over the past nine years. As CEO, and latterly Chairman and CEO, he has led the transformation of Norbrook, leaving the Company well-equipped to compete in the years ahead. I am delighted to welcome Andrea as our new CEO. Together with the rest of the Board, I am confident that Andrea’s skills and experience will help us to create a good future for Norbrook, building on the strong foundations already in place.”