Last checked at 24 Apr 2017 12:00
Cairn Homes plc
Appointment of Chief Financial Officer
Dublin/London, 24 April 2017: Cairn Homes plc ("Cairn", or the "Company") (LSE:CRN), the Irish homebuilding company, announces the appointment of Timothy Kenny as Chief Financial Officer and Director. Mr Kenny joins Cairn from Musgrave Group plc., Ireland's largest grocery and food distribution business, where he was Group Finance Director and Company Secretary for 12 years. He is a fellow of the Institute of Chartered Accountants and is a former Finance Director with Dunloe Ewart plc. He will commence his role later this year.
"I'm delighted that Tim is joining Cairn as CFO and he will bring a wealth of experience to the role as we strengthen the senior management team to continue the development and scaling of the business in the coming years," said Michael Stanley, Chief Executive of Cairn. "In addition to Tim's strong technical capability as a CFO, he also brings excellent business development and commercial experience of scaling large businesses."
Commenting on his appointment Mr Kenny said: "I'm delighted to be joining Cairn at a great time as it embarks on a listing on the Irish Stock Exchange and as it progresses its home building programme across a strategic landbank of sites. I've been impressed with the ambition and capability of the team at Cairn and look forward to working closely with them as the business develops and grows."
For more information, please contact:
Cairn Homes plc +353 1 696 4600
Michael Stanley
Eamonn O'Kennedy
Powerscourt +44 20 7250 1446
Justin Griffiths
Jack Hickey
Drury Communications +353 1 260 5000
Billy Murphy
Morwenna Rice
Notes to Editors
Cairn Homes plc is an Irish homebuilder with a highly experienced management team. The Company is committed to constructing high quality new homes with an emphasis on design and innovation in attractive locations to meet sustainable market demand. Cairn has a land bank of 12,100 units, over 90% of which is located in the Greater Dublin Area (GDA). Currently, Cairn is active on seven sites in the GDA, which will deliver 2,800 units.
www.cairnhomes.com