Thursday, December 12, 2024

Enterprise Ireland on the hunt for new CEO

Must read

He will leave next March to “pursue a new career opportunity in the private sector”, according to a statement by the agency.

Enterprise Ireland said it will begin a recruitment process immediately to fill the CEO position, which comes with a salary of €217,200. The agency, which has about 750 employees, is under the remit of the Department of Enterprise, Trade and Employment.

Kevin Sherry, an executive director of global business development in Enterprise Ireland, will be appointed interim CEO from March pending the appointment of a successor.

Michael Carey, chairman of Enterprise Ireland, said the announcement of Mr Clancy’s departure “comes at a time when the agency is in a very strong position, having achieved record results in terms of client jobs and exports, spend in the Irish economy and support for start-ups”.

Peter Burke, the enterprise minister, said he wished the very best for Mr Clancy, and added: “A great colleague and an exceptional public servant, I thank him for his contribution to the scaling of Irish enterprise on international markets, and his key focus on balanced regional development.”

In 2021, Mr Clancy succeeded Julie Sinnamon of the state agency, which is responsible for helping indigenous Irish businesses to develop internationally.

Before that he was head of technology, consumer and business services at the IDA, which he had joined as divisional manager in May 2013. Mr Clancy had been a service delivery direct at Enet, a telco, and spent over 12 years in engineering and technical roles in Ericsson.

This time last year, Enterprise Ireland told the Government it was missing out on hiring highly qualified staff because it was taking so long to get clearance to sign them up. In a memo to its parent department, the agency also said it was having difficulties moving employees around in order to respond to particular challenges, such as Brexit.

In reply to a Dail question last July, Mr Burke said there were 94.5 full-time equivalent posts vacant in the agency.

Companies supported by Enterprise Ireland exported goods and services worth €34.6 billion last year, the highest level on record.

Employment in client companies increased to 225,495 in 2023, also the highest ever recorded. The total number of jobs created was 15,530. When job losses are taken into account there was a net jobs gain of 5,011.

Latest article