Friday 15 December 2017

Rose Hynes

ROISIN BURKE

ONE of the few women to hold directorships at major Irish companies, Hynes has made a career out of board presences.

She took a law degree at UCD, specialised in taxation and finance, and practised as a solicitor before joining Guinness Peat Aviation (GPA) in 1988.

Valued at $4bn, the aircraft-leasing firm was buying a plane a week until a disastrous float attempt brought it crashing down in 1992. As a senior executive, Hynes played a central role in GPA's restructuring, including negotiations with new investor Texas Pacific Group and with ultimate buyer Debis Air Finance. She would later become head of commercial at Debis.

Alan Dukes appointed her to the Aer Lingus board in 1997 and she sat on Shannon airport's board for five years.

Hynes is one of two pre-crisis directors to be re-elected at Bank of Ireland's recent agm, in spite of government preference for an all-new line-up. Her pay is €100,000, according to the 2010 annual report.

Hynes has been Bord Gais chairwoman for the past two years. The semi-state is gearing up for the deregulation of the small and medium business gas market this October.

In 2006, when Fyffes spun out its fruit and veg distribution, Hynes moved from that board to the new Total Produce board. She is a director at several aviation firms including Shannon-based Blade Engine Securitisation.

From north Clare originally, she lives in Limerick and is married with two children.

Sunday Indo Business

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