Wednesday 23 August 2017

Hobbs quits directorship to focus on his Renua role

Eddie Hobbs
Eddie Hobbs

Gordon Deegan

Eddie Hobbs, the consumer advocate and president of new political party Renua Ireland, has stepped down as director of investment firm Brendan Investments.

Documents lodged with the Companies Office on Monday confirm that Mr Hobbs resigned as a non-executive director of Brendan Investments Pan European Property Plc on March 23.

Mr Hobbs has also stepped down from his role as a non-executive director from Airsynergy, the Granard-based wind turbine technology company with which he has been involved with for several years.

In an email to clients of his Financial and Marketing Development Ltd, Mr Hobbs has disclosed that he has reduced his non-core roles by resigning from the boards of Brendan Investments and Airsynergy.

He stated that he remained an "active shareholder" and was supportive of his colleagues.

"Politics, as I've learned is an uncertain game with no rules, but it's most definitely a time of change and I think a time of sweeping change during which I expect to add my own heft, after working hours so as to speak," he stated.

On his role with Renua, Mr Hobbs said: "It's a huge task and it's all voluntary including my time, but in the interim, I'm fully committed professionally to my Financial Development and Marketing Ltd (FDML)."

Mr Hobbs - who derives his main source of income from FDML - has not said if he will be a candidate for Renua in the next general election.

Irish Independent

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