Saturday 25 October 2014

New Failte chief

Published 02/05/2014 | 02:30

THE new chairman of Failte Ireland is former deputy chief executive of Ryanair, Michael Cawley. The Corkman will serve for a period of five years in the role vacated in September by Redmond O'Donoghue, the former head of Waterford Wedgwood.

Mr Cawley stepped down as deputy chief executive and chief operating officer of Ryanair in March after 17 years' service, but will remain a non-executive director of the airline. His appointment – which carries an annual payment of €20,520 – will take effect following an appearance at the Oireachtas joint committee on transport and communications.

CHINA BOOST FOR DAIRY

THE dairy industry will boost exports to China, after authorities there approved Irish plants as meeting strict new food safety laws.

Agriculture Minister Simon Coveney said that more than 30 Irish dairy companies, including several infant formula plants, had been found to meet stringent new regulations introduced in China. It paves the way for the industry to build on its exports to China, which are already worth €170m a year.

SHOPPING CENTRE SALE

THREE shopping centres around the country are set to go on the market, as the disposal of commercial property in Ireland ramps up.

UK lender Lloyds is understood to be preparing to sell the Bloomfield Shopping Centre in Dun Laoghaire, the Douglas Court Shopping Centre in Cork and part of Eyre Square Centre in Galway. Lloyds financed the shopping centres during the boom but is now offloading its "non-core" assets, including most of the property it controls in Ireland.

ANIMATION BAGS AWARD

IRISH animation company Brown Bag Films has won three Daytime Emmy awards for its retelling of Beatrix Potter's classic tale 'Peter Rabbit'.

The 3D series was developed at Brown Bag for Nickelodeon and the BBC and received eight nominations. It was confirmed that it has won three of the awards and it will find out next month if it has won the others when the full ceremony is held.

GILLIGAN LEGAL AID BID

THE Supreme Court has reserved judgment in applications by John Gilligan and his wife Geraldine for free legal aid to cover the cost of a forensic accountant's report which will form part of their appeal over the seizure of assets by the Criminal Assets Bureau.

Gilligan, who was not in court, was released from prison last year after serving 17 years for drug dealing.

Irish Independent

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