Former Enterprise Ireland chief Leo Clancy to lead Ei Electronics

Ei Electronics is an Irish-owned multinational that supplies fire and life safety products from its Shannon manufacturing base

Leo Clancy: he is is to take up a new role at Ei Electronics
Leo Clancy: he is is to take up a new role at Ei Electronics

Former chief executive of Enterprise Ireland Leo Clancy is to take up a new role at the top of Ei Electronics in Shannon, Co Clare.

The board of Ei Electronics, which is one of Ireland’s largest indigenous companies, said Mr Clancy will take up the role of chief executive from April 1st following the resignation of Mick Guinee, who recently announced he is to step down.

Ei Electronics is an Irish-owned multinational that supplies fire and life safety products from its Shannon manufacturing base.

The group said Mr Clancy joins with “a distinguished track record” in leadership and technology. Most recently he was a chief executive of Enterprise Ireland for four years. “From that role his extensive experience in fostering innovation and driving international growth of Irish companies will align seamlessly with Ei Electronics’ strategic objectives,” the group said.

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Prior to that Mr Clancy was head of technology at IDA Ireland.

An electronics engineer by trade, Mr Clancy spent the earlier part of his career in the private sector, working in global roles with Ericsson and was general manager [of] service delivery for Ericsson Ireland.

He subsequently served as service delivery director with e-net, a public-private partnership based in Limerick, delivering regional business broadband infrastructure in Ireland.

“I am honoured to succeed Mick Guinee as CEO of Ei Electronics,” said Mr Clancy on Tuesday. “Mick’s legacy is extraordinary, and Ei is an incredible Irish success story. I am looking forward to the opportunity of working with Mick, as chairman, and with the talented team at Ei Electronics to drive the company’s next phase of growth and innovation.”

In his capacity as chairman Mr Guinee said: “On behalf of the board and the entire organisation we are delighted to welcome Leo Clancy as our new CEO. Leo’s expertise, experience and empathic leadership style make him the ideal choice to lead Ei Electronics into its next chapter.”

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Colin Gleeson

Colin Gleeson

Colin Gleeson is an Irish Times reporter