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Gary McGaghey

Gary McGaghey

Gary McGaghey
Professional Status
Employed
Unavailable
About Me
Gary McGaghey has extensive experience as a Chief Financial Officer of global enterprises. He’s served as CFO or in a similar role for multiple companies, and he’s led these companies through significant changes.
Early Career With Robertsons Foods
Gary McGaghey began his career with a series of positions at Baker Street Snacks, Robertsons Foods, and Robertsons Homecare. At these various companies, he served as Chief Operating Officer, Chief Financial Officer, Vice President of Logistics, and Executive Board Member.
McGaghey ultimately was with these companies for just over nine years, and it was at the end of this time that he had his biggest career accomplishment to date. In March - April 2002, McGaghey co-led successful exit negotiations with Unilever. The three companies were acquired by Unilever, and the private equity firm Remgro successfully captured its value in the companies.
Career Growth at Unilever
Gary McGaghey remained with Unilever after the Robertsons' companies were acquired, first overseeing these companies and later acting as the primary contact for Remgro. Through the acquisition of the companies, Remgro became a minority stakeholder of Unilever South Africa.
In addition to these positions, McGaghey also held several Chief Financial Officer and Group Chief Financial Officer positions throughout Unilever and its subsidiaries. Among these positions, the most noteworthy accomplishments were when he acted as the VP of Finance at Unilever Global Business Services and the Group Chief Financial Officer of Unilever South Africa.
As the Unilever Global Business Services’ Vice President of Finance, McGaghey was an instrumental leader in the creation of a new global business services brand. The new brand implemented growth-enhancing IT capabilities.
When acting as the Group Chief Financial Officer of Unilever South Africa, McGaghey became the Interim Chief Executive Officer during a time of transition. In this role, he ultimately oversaw all aspects of the €2 billion division.
Recent Career at Nelsons
Upon leaving Unilever in April 2017, Gary McGaghey joined Nelsons Group as its Group Chief Financial Officer. He was also Statutory Director and Company Secretary during this time.
Current Career at Williams Lea Tag
Gary McGaghey joined Williams Lea Tag in September 2019, and he continues to serve as the company’s Group Chief Financial Officer. He was brought on board to lead through a transformation that included mergers and acquisitions, cost restructuring, carve-outs, divestitures, and balance sheet refinancing.
Educational Degrees
Gary McGaghey holds a bachelor's degree from the University of Natal and a postgraduate degree from the University of South Africa.
Experiences
  • Williams Lee Tag – T/o €1.3bn Global End to End Marketing Production Services Group owned by PE group, Advent International.Group CFO driving transformation and value creation.
  • Statutory Director, Company Secretary and member of Exec Board and lead contact with the family shareholders, responsible for all aspects of finance, treasury, tax, M&A, governance, risk and IT, legal counsel & company secretary, in addition to leading global procurement and global demand planning/S&OP functions
  • Global Joint Venture between Unilever Plc & PepsiCo, Global Beverages joint venture in ready-to-drink tea. Operational finance, governance, M&A, and strategic responsibility for the global joint venture to drive profitable growth from the joint venture. Responsible for interfacing and aligning key stakeholders across the parent companies ensuring continued alignment in strategic and tactical choices to drive top and bottom-line growth
Interests

Finance

  • Private Equity
Skills

Languages

  • Afrikaans
    Advanced
  • english (fluent)
    Expert

Finance

  • Private Equity
    Expert
  • Accounting
    Expert

Languages

  • Afrikaans
    Advanced

CIMA

The Chartered Institute of Management Accountants

1992
Passed the Qualification for CIMA

B Comms Hons

University of South Africa

1986 to 1989
Accounting, Corporate Finance, Corporate Law, Tax & Economics