daa CEO Kenny Jacobs to 'take some time out of the business'

Staff at Dublin and Cork Airport operator daa have been told that the company’s chief executive, Kenny Jacobs, is to “take some time out of the business”. The development follows months of wrangling between Mr Jacobs and the daa board of directors. An exit package had been agreed between daa and Mr Jacobs in mid-September, but it was not signed off by Minister for Transport Darragh O’Brien and Minister for Public Expenditure Jack Chambers. Employees were informed of the latest position in a message sent at around 9pm yesterday evening by daa Chief People Officer Siobhán Griffin. The email notes that strong performance at daa was achieved “during a period of intense scrutiny and challenge at a corporate level”. “We recognise that the speculation and commentary surrounding our CEO and board has been unsettling, not least when family and friends are asking you questions that you cannot answer,” the message states. Pic: Dublin Airport “The board has asked me to share with you today that our CEO will take some time out of the business.” “In combination with the daa executive, the recent appointment of Nick Cole as Deputy CEO ensures there will be continuity of leadership throughout this period,” it added.
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