Mccarthy is another on the list who has left his role, which is now filled by Edmond Scanlon.
Scanlon previously headed up the company’s Asia division — a reflection perhaps of the company’s previously stated desire to expand significantly in that region.
Last year saw increases in revenue and trading profit at Kerry, which is best known for its consumer brands but now does most of its business in ingredients and flavours, via its taste and nutrition division. Earlier this month a trading update was positive, with volumes up and group margin maintained.
Mccarthy’s figure here is derived from converting his basic package into euro from dollars at the exchange rate from the end of 2017. The vesting of a number of shares in the early part of 2017 is also included.