Richard Hayes, Group Chief Executive resigns
Date: 27-03-2006
Source: IFG Group plc.
IFG Group plc announces that Richard Hayes, Group Chief Executive, who had previously indicated that he would be stepping down as Chief Executive this year, has to-day announced his resignation. He will remain on as a non-executive director of the Company.
In the interim period, pending the appointment of a new Chief Executive, Mark Bourke, Deputy Chief Executive assumes day to day responsibility for the affairs of the Group. A sub committee of the Board has been set up to deal with the appointment of a new Chief Executive.
Results for the year ended 31 December 2005 will be announced on 12 April 2006.
As stated previously the trading performance in the operating business was strong in the second half of 2005.
Commenting to-day Richard Hayes said:
“Over the past fifteen years IFG has developed through green field start ups, organic growth and acquisitions into a Group with three businesses of scale, in Ireland, the UK and Internationally. Each has outstanding management and the prospect of material growth over the next few years. I look forward to my continued involvement with the Group as a non-executive director”.
For further information contact :-
Mark Bourke
Deputy Chief Executive
IFG Group plc
Ph : 01 2752800/ 01 2752808
Email : mark.bourke@ifg.ie
Registered in the Republic of Ireland No. 21010
Registered Office: IFG House, Booterstown Hall, Booterstown, Co. Dublin
Tel: + 353 (0)1 2752800 | Fax: + 353 (0)1 2752801
Email: group@ifg.ie