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The EY Podcast

EY CEO Outlook: The Co-op of the Future, with Jim Bergin, Tirlán

Jun 21, 2023
Jim Bergin, CEO of Tirlán, shares his journey leading the company through restructuring and new investments. They discuss the importance of the farming community, Tirlán's diverse portfolio, and its impact on the Irish economy. They also explore the challenges of running a co-op and the future of food and farming in Ireland.
36:56

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Co-operatives in Ireland have undergone significant consolidation over time and have reshaped themselves into international organizations, emphasizing the importance of re-establishing bonds with shareholders.
  • Tirlán, a farmer-owned cooperative, has transitioned from being a dormant holding company to becoming a substantial international business, focusing on maximizing returns for its single shareholder, the farm families, while also addressing environmental concerns and sustainability.

Deep dives

Evolution and Transformation of Co-ops in Ireland

Jim Bergen discusses the evolution of co-operatives in Ireland, tracing their history back to the early 1900s. He highlights how co-ops have undergone significant consolidation over time, with larger organizations like Avonmore and Mortiford being formed. Bergen also explains how Avonmore Co-op eventually became a dormant holding company, only to regain its identity and become a 3 billion operating business in 2022. He emphasizes the importance of reshaping the co-op into an international organization and re-establishing a bond with co-op shareholders.

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