Ed Micheau

Ed Micheau

Builder of an empire

Builder of an empire

When asked in 2001 what retirement would bring for him, Philip Lynch indicated that a period of pleasant personal development lay in store, including plans to pursue the aforementioned activities.

Further Marsh job cuts in Ireland after US scandal

Further Marsh job cuts in Ireland after US scandal

Marsh Ireland is to make another 24 people redundant, just several months after it let go 20 people at its Irish operations.

Finavera is energised by $1m Seattle investment

Finavera is energised by $1m Seattle investment

Local green energy firm Finavera has invested $1 million in Seattle firm AquaEnergy, a renewable energy company that develops ocean energy or 'wave' technology.

Eircom in advanced talks to buy Meteor

Eircom in advanced talks to buy Meteor

Eircom is in advanced talks to buy mobile phone operator Meteor for up to $400 million (€308 million), a price at the lower end of expectations.

Airline close to selecting new head

Airline close to selecting new head

Aer Lingus is believed to be in the final stages of selecting a new chief executive officer, following the departure of Willie Walsh.

Takeover shadow at Man United

Takeover shadow at Man United

Manchester United fans are braced for a hike in ticket prices of as much as 10 per cent next season, following confirmation from the company last week that chief executive David Gill would meet with supporters at a fans' forum to discuss the issue.

First Active loses five executives to BoSI

First Active loses five executives to BoSI

Bank of Scotland (Ireland)'s expansion plans in Ireland continues apace after the bank poached five commercial lending executives from rival lender First Active last week.

Jolt for investors on hedge funds

Jolt for investors on hedge funds

Investors in hedge funds have been warned they face disappointing returns, according to reports issued by two international industry giants last week.

IAWS to commit €50m to consortium's bid for NTL

IAWS to commit €50m to consortium's bid for NTL

IAWS Co-op is planning to commit up to €50 million towards a bid for NTL Ireland, which would give it almost half of the equity if the attempt to buy the cable operator was successful.

Last-minute jockeying for NTL

Last-minute jockeying for NTL

The runners are into the home straight in the €300million auction for cable operator NTL.

AIB manager comes forward to support Sheerin

AIB manager comes forward to support Sheerin

A new witness has come forward to support the executive whom Allied Irish Banks is trying to sack over last year's €25 million foreign exchange overcharging scandal.

Overcharging row returns to haunt AIB

Overcharging row returns to haunt AIB

Some time early last summer, AIB senior manager Séamus Sheerin made a startling discovery.

Chip off the old block

Chip off the old block

A new era slipped quietly into gear in one corner of the Irish corporate landscape earlier this year, when Gene Murtagh took over as chief executive officer of Kingspan.

Sheehy to streamline AIB structures

Sheehy to streamline AIB structures

A major overhaul of AIB's structures may be on the cards following the appointment last week of Eugene Sheehy as AIB chief executive designate.

AIB may discipline employees further over €34m overcharging

AIB may discipline employees further over €34m overcharging

Allied Irish Banks has not ruled out taking further disciplinary action against employees involved in the €34 million foreign exchange overcharging controversy at the bank.