Business Irish

Monday 24 July 2017

Where are they now?

ROISIN BURKE

MAEVE DONOVAN presided over more changes at the 'paper of record' in her eight years as manager than in all its 150-year history.

The Dubliner joined the Irish Times in 1977, first working in advertising sales. She became head of advertising in 1989 and sales and marketing manager in 1994. She joined the newspaper's board three years later, becoming commercial director in 1999.

Advertising revenues thrived during her time. She became managing director in 2001.

A major restructuring -- the first of three during Donovan's time in charge -- and staff cuts would follow.

The property website www.myhome.ie was bought for €50m in 2006. Other buys included the Metro freesheet and the Gazette Group.

She played down reports of power struggles with editor Geraldine Kennedy.

The Irish Times suffered tumbling ad revenue with the recession. Last results showed an after-tax loss of €37.8m and €26m investments write-down for 2008. The 55-year-old retired from the Irish Times in February of this year.

This month she chairs the judging panel for the Veuve Clicquot Business Woman awards. She is currently studying for the Institute of Director's chartered director qualification.

Sunday Independent

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