Phelan opts for role at brother's green energy firm
Long-time PayPal executive Louise Phelan is joining her brother's green energy business Phelan Energy as group deputy CEO.
Ms Phelan left PayPal earlier this year after 13 years as vice-president of the digital payments giant.
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The Ryanair non-executive director's exit sparked speculation she could move into a senior corporate job elsewhere.
She's joining Paschal Phelan's green energy business Phelan Energy which operates in 15 countries.
Phelan Energy Group was established in 2005 and is an integrated independent solar power producer, developing rapidly deployable, affordable and sustainable energy in more than 15 countries worldwide.
The group has invested more than $600m (€538m) in grid-connected solar plants and has $150m of projects under construction.
Its solar insulations include the largest solar farm in sub-Saharan Africa, in South Africa.
Ms Phelan is one of the country's most experienced corporate executives in the technology sector and said she had weighed up numerous job offers in the corporate space before opting to join her brother's business.
"I was looking for an opportunity that would enable me to contribute to a different industry and provide new thinking while continuing in a global role," said Ms Phelan.
"Two of my core values are family and the environment, so I couldn't think of a better fit than joining my brother's company which specialises in harnessing solar power for energy."
Its headquarters is in Dublin and it has overseas offices in Madrid, Spain; Cape Town, South Africa; New Delhi, India; Dhaka, Bangladesh; Sydney, Australia; Toronto, Canada; and Hamburg, Germany.
Ms Phelan currently is a board member of Ryanair and a member of the Voxpro board advisory committee.