The group, which owns household brands including SuperValu, Centra and Daybreak, said Mr Musgrave has joined its board as a non-executive and family director effective from January 1, 2026 , succeeding Chris Pilling who has stepped down after eight years.
The announcement comes less than three weeks after Musgrave confirmed that Niall Anderton will take over as chief executive, replacing Noel Keeley who is due to retire at the end of 2026.
The moves signal a significant refresh of the group’s leadership as Musgrave is celebrating its 150th anniversary since it was established in 1876.
Mr Musgrave has a professional background spanning finance, insurance and technology, the group said.
A graduate of Trinity College Dublin, he began his career with Morgan Stanley in London before relocating to Hong Kong, where he co-founded MoneyHero Group – an Asian-based personal finance and comparison platform. He currently holds a senior leadership role with global insurance technology company Bolttech.
This year holds special meaning as we celebrate Musgrave’s 150th anniversary
Musgrave Group said his experience in scaling technology-driven businesses and operating in international markets would strengthen the board at a time of ongoing change.
The appointment also continues the Musgrave’s family ownership model as Mr Musgrave is a fifth-generation member of the founding family.
News in 90 seconds Wednesday 21 January
“I am honoured to join the Musgrave board at such a significant moment in the company’s journey. This year holds special meaning as we celebrate Musgrave’s 150th anniversary,” Mr Musgrave said.
“I look forward to working closely with the board and leadership team to support the continued success of the business and its dedication to serving customers and communities across Ireland and beyond.”
The group, which saw turnover in 2024 reach €5.2bn, a 4pc increase on the previous year, supports more than 41,000 jobs across Ireland and overseas.
Musgrave chairman Nicky Hartery said: “I am pleased to welcome Alister to the Musgrave board. He brings a strong international perspective, deep commercial expertise and a clear understanding of both entrepreneurship and governance.”
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