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Healy to retire as ISE chief in June

Tom Healy - 20 years at ISE
Tom Healy - 20 years at ISE

The CEO of the Irish Stock Exchange, Tom Healy, is to retire in June 2007.

Mr Healy (56) has been head of the Exchange for twenty years. The board said it learned of his decision today and had accepted it with regret.

Chairman David Kingston said that Mr Healy had made an enormous contribution to the Exchange since his appointment in 1987.

He singled out the development of the funds and specialist debt listing businesses which began in 1989 and 1999, respectively, and the successful demerger of the Irish Exchange from the London Stock Exchange in 1995 as "landmark" achievements under Healy's leadership.

Mr Healy is on the Board of the Irish Auditing & Accounting Supervisory Authority, and is a member of the Industry Consultative Panel of the Financial Regulator.