Tuesday July 7, 2020

Chief executive labels events at Datalex as ‘shocking’

Sean Corkery assures shareholders that despite losses reaching $50m, the company can survive

Ian Guider

Markets Editor

22nd September, 2019
Sean Corkery, acting chairman and interim chief executive of Datalex, alongside Niall O’Sullivan, the firm’s newly appointed chief financial officer, at the company’s agm last week in the Croke Park Hotel PIc: Fergal Phillips

It was standing room only in a cramped meeting room in the Croke Park Hotel last Tuesday. Just after midday, Sean Corkery stood up at Datalex’s annual general meeting.

The interim chief executive needed no microphone to address the packed audience of shareholders, company advisers and media. For the best part of a year, Datalex, which develops software for the airline industry, has been dogged by controversy. A profit warning in January preceeded...

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