Tuesday 12 December 2017

British executive is new Eir chairman

Carl Leaver has experience of London-listed PLCs. Photo: Mike Ellis Photography
Carl Leaver has experience of London-listed PLCs. Photo: Mike Ellis Photography
Donal O'Donovan

Donal O'Donovan

The executive deputy chairman of betting giant Ladbrokes-Gala Coral, Carl Leaver, has been named as the incoming chairman of Eir.

The appointment of a chairman whose experience is steeped in London Stock Market-listed PLCs is likely to spark speculation that Eir could line up a fresh run at a stock market listing.

In April, Eir CEO Richard Moat said the business was in a position to float, but a deal was unlikely before 2019. In 2014 the company pulled a planned return to a public listing.

UK-based Leaver has been appointed chairman designate at Eir parent company Eircom Holdings (Ireland) Ltd where he'll succeed Padraig McManus, who is due to stand down after five years on September 1.

In a statement, Eir said Mr McManus will continue to advise the company on strategy and regulatory matters.

Carl Leaver was CEO of Gala Coral Group until November 2016, when it merged with stock market-listed Ladbrokes. He is now executive deputy chairman of the combined business.

Previously. he was a senior executive at Marks & Spencer, CEO of financial consultancy DeVere Group and has worked at Whitbread, Nomura International and the Forte Group. He graduated in law from Nottingham University.

He is also non-executive chairman of restaurant chain Carluccio's.

Irish Independent

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