Waterford Crystal chief steps downTuesday 13 January 2009 12.14
The chief executive of Waterford Crystal, John Foley, has resigned. He joined the company in 1991 and has been CEO since September 2000.
Mr Foley was also a member of the main board of Waterford Wedgwood plc and president of Waterford Wedgwood USA. He has also stepped down from these positions.
In a statement, Mr Foley said the events of the past few weeks - during which Waterford Wedgwood has gone into receivership - had been devastating for everyone associated with the company.