Peter Hanan has resigned as chief operating officer of one of the Irish Republic’s leading multiples, Superquinn.
Hanan, who joined the 19-store chain five years ago, had been promoted to operations chief just two years ago and given a seat on the board, becoming one of the few non-family members among the directors.According to deputy chairman Eamonn Quinn, the departure was “amicable”.
Hanan said: “I was brought in five years ago to do a particular job, and that’s done now. I have reached a natural juncture and the time is now right for me to move on.”
One of the key achievements of his term was the successful opening of a central distribution centre for Superquinn in Dublin suburb Blanchardstown.
His departure comes at a time when the family-owned business, founded 40 years ago by Feargal Quinn, still chief executive, is under increasing pressure in the highly competitive Irish market.
Its share of the E6.6bn Irish grocery market had fallen to 8.6% in June, down from 8.8% a year earlier.