Chief Executive of C&C Group Steps Down Over Accounting Errors
Overview
In a recent development at C&C Group, Patrick McMahon abruptly resigned from his position as Chief Executive Officer only a few months into his tenure. The company, known for its popular brand Magners cider, was caught in the midst of accounting errors that led to this unforeseen departure.
Background
Prior to his promotion as CEO, Patrick McMahon had served as the finance boss of the Irish drink giant for three years. His brief stint at the helm and the circumstances surrounding his resignation point to potential financial discrepancies that need immediate attention.
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