Mark Foley retires as EirGrid chief with immediate effect

Search for a new leader of the grid operator will commence shortly

Foley’s exit comes amid a challenging time for the firm as energy security and the role of data centres in Ireland remain contentious issues. Picture: Aidan Crawley

Mark Foley has retired as EirGrid chief executive with immediate effect.

Martin Corrigan, the grid operator’s chief strategy officer and company secretary, has succeeded him on an interim basis, while the search for a new company lead will commence shortly.

Foley joined the semi-state as chief executive in 2018 from Coillte, the state forestry company, where he served as managing director of the land solutions business.

Prior to that he had been director of capital ...