Housebuilder Cairn Homes has appointed Bernard Byrne as Chair-Designate and an independent non-executive Director of the company, effective from January 2025.
Mr Byrne will succeed the company's current chairman John Reynolds, who will retire at the end of April 2025, having served as non-executive Chair since Cairn's IPO in 2015.
He will join as a non-executive Director from January and work closely with John Reynolds and the Board to ensure a seamless transition of board leadership.
A Chartered Accountant, Mr Byrne most recently served as CEO of J+E Davy, the country's largest independent stockbroking and wealth management business.
Before that he served as CEO of AIB Group and before joining AIB, he was Group Finance and Commercial Director at ESB, Deputy CEO and Finance Director of IWP International plc and Commercial Director of ESB International.
Michael Stanley, CEO of Cairn, said that John Reynolds has served as Chair since Cairn was founded and has been an integral part of the company's growth and success over the last decade.
"Bernard brings an impressive track record of leading very large private and public Irish companies. John Reynolds' contribution as Chairman since IPO has been invaluable to Cairn and I look forward to working with both him and Bernard during the upcoming handover period," he added.
John Reynolds said it was a privilege to serve as Chair of Cairn over the past decade and to be a part of the company's exciting journey.
"I look forward to playing my role in ensuring a smooth transition to Bernard's Board leadership when he joins us in early 2025. Bernard brings exceptional business acumen and expertise to Cairn, and I am confident in the prospects for the business under his and Michael's leadership," he added.
Bernard Byrne said he was excited to be joining Cairn and to contribute to the company's objective of providing high quality, energy efficient homes at scale in the Irish market.
"I look forward to working with the dynamic and talented team in Cairn, as well as engaging with our shareholders and wider stakeholders in the years ahead," he added.
