Gary McGann explained

Gary McGann
Birth Place:	Palmerstown, County Dublin, Ireland^[1]
Alma Mater:	University College Dublin Trinity College Dublin
Occupation:	Chartered accountant
Spouse:	Moira McGann
Children:	3

Gary McGann (born August 1950)^[2] is an Irish accountant, the former chairman of Flutter Entertainment,^[3] and former CEO of Smurfit Kappa and Aer Lingus.^[4]

Education

McGann earned a bachelor's degree from University College Dublin and also an MSc in management science from Trinity College Dublin.^[5]

Career

McGann was CEO of Smurfit Kappa from November 2002 to August 2015, when he retired from executive roles.^{[5] [4]}

McGann was a non-executive director and member of the audit committee, of failed Irish bank, Anglo Irish Bank from 2004 to its nationalisation in 2009.^{[6] [7]}

In 2019, McGann lost a tax appeal against tax treatment on two payments totalling €2.3 million from when he was chief executive of Smurfit Kappa in 2011.^[8] The Tax Appeals Commission ruled the €2.3m claimed as a gift from shareholders was liable for tax.

In late 2016, McGann was appointed as chairman of Aryzta.^[9] In August 2020, he announced he was stepping down from the Board of Aryzta.^{[10] [11]}

Notes and References

1. Web site: Determination paying off. Irish Independent. 11 February 2012.
2. Web site: Gary MCGANN - Personal Appointments (free information from Companies House). beta.companieshouse.gov.uk. 25 October 2017.
3. Web site: Veteran businessman Gary McGann bows out as Flutter chairman. independent.ie. 18 September 2023.
4. Web site: McGann finds his hire calling at Paddy Power Betfair and Aryzta. irishtimes.com. 25 October 2017.
5. Web site: Stocks. Bloomberg.com. 25 October 2017.
6. Web site: The long and winding career of Gary McGann - one of Ireland's best-known business leaders. journal.ie. 17 December 2016.
7. Web site: Gary McGann: ‘It’s not what you achieve but how you achieve it’. Irish Times. 30 October 2015.
8. Web site: McCárthaigh. Seán. Former Smurfit chief Gary McGann loses tax appeal. 2021-12-10. The Irish Times. en.
9. Web site: Brennan. Joe. Bread-maker Aryzta’s rebel shareholder whipped it out of the oven too soon. 2021-12-10. The Irish Times. en.
10. Web site: McGann stepping down at troubled Aryzta. 2021-12-10. The Irish Times. en.
11. Web site: Aryzta proposes new chairman to take over from Gary McGann. 2021-12-10. independent. en.