The chief executive of the Irish Stock Exchange, Tom Healy, is to step down after 20 years in the position. The board said that it had been informed at a regular board meeting yesterday of Mr Healy's decision to retire next June. It had accepted the decision with regret.
The chairman of the board, David Kingston, said that Mr Healy (56) had made an enormous contribution to the exchange since his appointment.
"The past two decades have been years of huge change for the Irish Stock Exchange and Tom's leadership has been crucial to our success during that time."
He said that the Irish exchange was "now an integral part of the financial services infrastructure in this country" and that had been achieved under Tom Healy's leadership.
Mr Healy said he had enjoyed his time at the exchange enormously. Last year he became embroiled in the insider dealing action taken against DCC by Fyffes. Responding to evidence heard during the case, Mr Healy insisted that he had never offered to "vet" documents from DCC in a way which might help the company to undermine a Garda investigation into insider dealing.
