Frank Ryan, who held the position for ten years, has been replaced by O’Rourke. Mr. O’Rourke recently left his position as PwC’s managing partner. Additionally, today, Simon Coveney, the Minister of Enterprise, Trade, and Employment, said that he would designate Marian Corcoran, a current board member, as the IDA’s deputy chair. Additionally, he introduced Drs. Leisha Daly and Denis Doyle to the IDA Ireland board.
The Public Appointments Service, acting independently, conducted open, well publicized competitions that resulted in the appointment of the Chairperson and new Board members.
After working at PwC for 37 years, the last eight of which he spent as a Managing Partner, Feargal O’Rourke announced his retirement in October. He oversaw the tax practice at PwC and played a major role in the OECD BEPS process, working with businesses, officials, governments, and the OECD. Mr. O’Rourke, an Athlone native, is an Associate of the Irish Tax Institute, a Fellow of Chartered Accountants Ireland, and a UCD graduate. In addition, he chairs the international think tank, Institute of International and European Affairs, which has its headquarters in Ireland.
Speaking today, Minister Coveney expressed his confidence that the current members of the IDA Board will benefit greatly from the breadth of industry-specific experience that Feargal, Marian, Leisha, and Denis are bringing to the table.
“The IDA is an integral part of Ireland’s economic success and to the Government’s ambitions to grow a sustainable and regionally balanced economy,” said the Minister.
“With over 300,000 people directly employed in IDA-client companies, and a further 240,000 indirectly employed, it’s vital that that organisation remains dynamic in what is a very competitive global market,” he stated.
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