Telecoms company Eircom’s chairman Ned Sullivan is to step down from his role at the end of the year for personal reasons.
Sullivan informed the board of his decision to move on yesterday.
"The role of chairman requires an ongoing time commitment which I am no longer in a position to make. It has been a great privilege to lead the board through the many challenges and changes which have faced the company during the past number of years,” Sullivan said.
Eircom CEO Herb Hribar, on behalf of the board, said they respect Sullivan’s decision to step down.
"(We) would like to take this opportunity to thank him for his significant contribution to Eircom, particularly through the recent examinership process and the transition to new ownership and governance,” said Hribar.