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Enterprise Ireland CEO to Step Down, Agency Seeks Successor

Enterprise Ireland CEO to Step Down, Agency Seeks Successor

December 12, 2024 Catherine Williams - Chief Editor Business

Enterprise ‍Ireland‍ CEO to Step Down, Leaving Behind Record Growth

Dublin, ⁤Ireland – After a accomplished tenure‍ marked ​by record-breaking growth, Enterprise Ireland CEO Leo Clancy announced his resignation, effective March 2024. Clancy will be pursuing a​ new career opportunity in the ⁢private sector.

Clancy’s ‌departure​ comes at a time of ‌notable achievement for the agency, which supports Irish⁢ businesses in expanding internationally. Under his ‌leadership, enterprise Ireland ‌achieved record results ‍in client ⁢jobs and exports, ⁣contributing ⁢substantially to ⁢the ‍Irish ⁢economy.

“This announcement comes at a‌ time when‍ the agency is in a very strong⁢ position,” ⁣said michael carey, chairman of enterprise Ireland.”We have achieved record ⁤results in terms of client jobs and exports, spend in the Irish economy⁣ and support for start-ups.”

Enterprise Minister Peter ⁤Burke echoed Carey’s sentiments, praising Clancy’s contributions to scaling Irish enterprise on the global stage and​ his focus on balanced regional growth.

“A⁣ great colleague and ⁣an⁤ exceptional public ‍servant, I ‌thank him for his contribution,” Burke said.

clancy’s successor⁢ will face the challenge of continuing this momentum.⁢ Enterprise ⁤Ireland will immediately begin a ​recruitment process to fill the ‍CEO position, which carries a​ salary ​of €217,200.

In the ⁣interim, Kevin Sherry, an executive director of global business ‌development at Enterprise ⁢Ireland, will assume the role of interim CEO starting in March.

Clancy’s ‌departure follows ‍a period of significant​ growth for Enterprise ireland. last year, the ⁤agency⁤ reported that companies it supports exported goods ⁢and services worth €34.6 billion, the highest level ever recorded. Employment in client companies also‍ reached ‌a record high⁤ of 225,495, with a net gain of 5,011 jobs.

However, Enterprise ‍Ireland has also ⁤faced challenges in recent years, including difficulties in hiring​ qualified staff due to lengthy clearance ‌processes. Last year, the agency highlighted ​these issues in a memo to ‍its⁤ parent department, emphasizing⁣ the need for more streamlined procedures.

Enterprise Ireland CEO Steps Down After Era of Record Growth

Dublin, Ireland –​ Enterprise Ireland CEO⁢ Leo Clancy is stepping down from his position in March 2024 to pursue a new prospect in teh​ private sector.

Clancy’s ‍departure follows a highly successful tenure, marked by‍ unprecedented growth in ‌client job creation and export ⁤figures for the agency, which​ supports Irish businesses in expanding globally.

“This‌ declaration​ comes at a ​time when the agency is in a very strong position,” remarked Michael Carey, chairman of Enterprise Ireland. “We have achieved⁣ record results in terms of client jobs ⁣and exports, spend in the Irish economy, and support for start-ups.”

Enterprise minister Peter Burke echoed Carey’s praise, highlighting Clancy’s contributions to bolstering Irish enterprise on the global stage and his dedication to balanced ⁣regional growth.

The search for Clancy’s successor will commence immediately. In the interim,Kevin Sherry,executive director of global business advancement at Enterprise Ireland,will assume the role of interim CEO starting ⁢in March. Clancy’s‍ successor will inherit a⁤ legacy of growth, including​ last year’s record-breaking €34.6 billion in ‌exports from client companies⁣ and⁢ a‌ record ⁣high of 225,495 jobs.

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