Overview
- Staff were told in a late-night email that Kenny Jacobs will no longer serve as chief executive and is taking time out of the business.
- The board cited continuity of leadership through the recent appointment of senior manager Nick Cole to a newly created deputy CEO role.
- An exit package agreed in mid-September, reported to be worth about €1 million, did not receive sign-off from Ministers Darragh O'Brien and Jack Chambers and is no longer proceeding.
- The Transport Minister declined to confirm reports that Jacobs has been suspended on full pay and reiterated he would not approve a payout.
- Jacobs had accepted an invitation to appear before the Oireachtas transport committee on January 21 to discuss governance at the airport operator, as the board highlighted strong performance over the busy Christmas period.