date:Mar 25, 2014
s stake in the firm to about 7pc.
Five years later, Michael Smurfit retired and the stake has been largely, if not completely, sold down after the business merged with Kappa Group and refloated in 2007. Michael's son, Tony Smurfit, is chief operating officer, and should be in the running for the top job when chief executive Gary McGann retires, as should chief finance officer Ian Curley. Tony Smurfit has around 38m worth of shares in the group, which remains headquartered in Ireland and still c