With the announcement of Don Wehby’s retirement, GraceKennedy Limited has appointed Frank James as its new CEO. Wehby said in October of last year that he was taking a short-term leave of absence to attend to his health.
Grace Kennedy said in a press statement on Tuesday that Wehby will leave the board of directors and resign as Group CEO on February 14.
In 1995, Wehby began working at GraceKennedy, and in 2011, he was named Group CEO. The company’s sales increased from $58 billion in 2011 to $155 billion in 2023, more than doubling in size during his tenure.
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In his remarks, GraceKennedy Limited Chairman Professor Gordon Shirley said, “Don Wehby is an exceptional leader who sees opportunities in challenges and leads by example. We are grateful for his innovative spirit, impeccable work ethic, and dedication to ensuring that the company continues to make a difference in the communities we serve. Don’s leadership and vision have been instrumental in shaping the company into what it is today.”
James will take over as Group CEO on February 14 and be appointed to the board on the same day. James is currently the CEO of the company’s Domestic Foods Division and was previously the Group’s Chief Financial Officer.
In 2005, James became Vice President of Corporate Development and Strategic Planning at Grace Kennedy. Before being named Group CFO in 2012, he rose through the ranks swiftly, holding top positions in the Financial Services and Food Divisions. In the same year, he was also added to the board of directors.
Following his appointment as Chief Executive Officer in April 2019, James has promoted efficiency and development at GK Foods Domestic, the group’s main segment. Revenues for GK Foods Domestic increased by about 60% during his direction till 2023.
When James discussed his new position, he stated, “We will continue to focus on delivering value to our customers, shareholders, and the communities we serve.”
