Former chief executive of CRH (International Building Materials Group) Tipperary born Mr Liam O’Mahony has been appointed as the new Chairman of IDA Ireland. Mr O’Mahony takes over the position of chairman from Mr John Dunne.
Born in 1946, the 63 year old Mr O’Mahony (BE, BL, MBA, FIEI) was born in Tipperary and educated at De La Salle College in Waterford, University College Cork, Trinity College D
ublin and the Kings Inns, joining CRH in 1971. He has held various senior management positions including Managing Director, Republic of Ireland and UK Group companies and Chief Executive of American operations.
He joined the CRH Board in 1992 and became Group Chief Executive in January 2000, a position he held until the end of 2008.
In 2004, he was Ireland’s best paid chief executive, earning a €3.5m package, made up of basic remuneration €2m with a once off bonus of €1.5 related to the company’s performance over the past five years.
Liam O’Mahony was recognised for excellence when he was awarded the Business and Finance Business Person of the year in 2005.
He is Chairman of Smurfit Kappa Group plc, a director of Project Management Limited and a member of The Irish Management Institute Council.
Established in its current form in 1994, IDA Ireland is the government agency responsible for the establishment and development in the State of industrial undertakings from outside the State. IDA works in partnerships with other organisations to enhance the best of Irish capabilities and talents and match them to the best of global investment.
It is expected that Mr O’Mahony experience and knowledge will contribute greatly to the further development and enhancement of foreign direct investment in Ireland.
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