Last checked at 11 Jan 2017 07:00
Directorate Change
Cairn Homes plc, the Dublin-based homebuilder, announces that Eamonn O'Kennedy, its Chief Financial Officer, has decided to leave the Company. Eamonn joined Cairn Homes plc in January 2015 as CFO and was instrumental in preparing the Company for its listing on the London Stock Exchange in June 2015 and subsequently led the finance and investor relations functions.
The Board of Cairn will commence a recruitment process to appoint a new Chief Financial Officer. Eamonn will remain with the Company in his role until the new Chief Financial Officer is appointed.
Eamonn O'Kennedy said: "I have been delighted to play a key role in the IPO, initial set-up and development of the Company to its position of strength today, with a market capitalisation of in excess of €900m. It has been a pleasure working with Michael, my colleagues and the Board and I wish them every success in the future, as I focus my attention towards my next opportunity."
Michael Stanley, Chief Executive Officer of Cairn Homes plc, said: "I would like to thank Eamonn for his valuable contribution to Cairn since he joined two years ago. His commitment, input and professionalism were exemplary throughout his time with the Company and he was instrumental in the establishment and delivery of our business to this point. I wish him every success in his future career."
Ends
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 5000Billy MurphyMorwenna Rice
Notes to Editors
Cairn Homes plc is an Irish homebuilder with a highly experienced management team and a core land-bank portfolio which consists of 29 separate sites, on which the Company will develop in excess of 12,000 units, with over 90% of the sites located in Dublin and the greater Dublin area. The Company is committed to constructing high quality new homes with an emphasis on design and innovation. www.cairnhomes.com