Ms. Lennon, who has been CEO since 2016, said that her decision to leave the business was simply a matter of timing.
“I am proud to leave the business in a strong position, having overseen the transition of ownership, its return to profitability and our recent victory in a landmark court case. I have been involved in developing a new strategy for the business and believe the company is well set for the next stage of its development.
“The owners plan to invest in the business based on this new strategy and I feel that this is the right time for me to hand over the reins. I would like to wish Kilcullen Kapital well in the next phase of the company's growth and to acknowledge the strong contribution and support from all the talented team that I have had the privilege to work with at The Sunday Business Post."
Ms Lennon will stay in her position to help manage the transition process.
Enda O’Coineen of Kilcullen Kapital, which acquired Post Publications Ltd in 2018, paid tribute to Ms. Lennon saying:
“Siobhan has been a tremendous CEO. She oversaw the company’s return to profitability last year. She was instrumental in the successful sale of the business in 2018 and she played a key role working with us to bed down that acquisition over the last number of months. I am very grateful to her for her hard work and I wish her every success in the future.”