{"id":193362,"date":"2025-12-15T18:52:07","date_gmt":"2025-12-15T18:52:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/193362\/"},"modified":"2025-12-15T18:52:07","modified_gmt":"2025-12-15T18:52:07","slug":"daa-boss-kenny-jacobs-seeks-legal-advice-as-board-creates-new-role-of-deputy-ceo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/193362\/","title":{"rendered":"DAA boss Kenny Jacobs seeks legal advice as board creates new role of Deputy CEO"},"content":{"rendered":"<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Mr Jacobs remains in situ, but the DAA\u2019s board on Monday appointed another of the airport operator\u2019s senior managers, Nick Cole, to the newly created role of Deputy CEO without clarifying how he\u2019ll work with the group CEO.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">DAA declined to comment on Kenny Jacobs\u2019 position. The Irish Independent reported on Saturday that he was braced for a potential attempt to suspend him.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The board of the DAA, which is at loggerheads with chief executive Mr Jacobs, created the new position of deputy chief executive.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Staff at the airports authority were told this morning that Mr Cole, who is currently chief executive of DAA International, and who is also a member of the executive team, will take the newly created position. He will also continue with his current role.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Staff were told of the appointment in an announcement made internally by chief people officer Siobhan Griffin. She said the DAA board had made the appointment.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The announcement made no reference to Mr Jacobs and did not explain how his role would interact with the new position. The DAA said it was not going to comment further.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Mr Cole\u2019s role as head of DAA International sees him run the group\u2019s activities outside Ireland, including in the Middle East, Asia-Pacific and Europe.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Mr Jacobs was understood to be bracing himself for the possibility that some board members could attempt to suspend him from his role at the airport operator this week.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Any such move, which he is preparing to resist, would mark a serious escalation of the months-long boardroom rift at the semi-state airport operator and could move the stand-off to the courts.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The creation of a new position of deputy chief executive may only fuel speculation that the DAA board is positioning itself for a situation in which Mr Jacobs is no longer in day-to-day control of the company.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">A planned \u20ac1m exit package for Mr Jacobs, negotiated in September following mediation, is now off the table. It would have meant him leaving the role in January. The former Ryanair executive is just three years into a seven-year term at the DAA.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The package needed to be signed off by Transport Minister Darragh O\u2019Brien and Public Expenditure Minister Jack Chambers, which never happened.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Mr Jacobs has accepted an invitation to appear before the Oireachtas transport committee on January 21 to discuss governance issues at the DAA. The company has yet to respond to its invitation.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Mr Cole joined the DAA in 2018, and has led its international business since. DAA International is the operator of Jeddah airport, the largest in Saudia Arabia, where passenger numbers have increased to more than 50 million a year.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">\u201cWith Dublin and Cork airports poised for significant growth, Nick\u2019s extensive experience will be invaluable to the DAA Group,\u201d the announcement said. \u201cPrior to joining DAA, Nick led the team at Heathrow\u2019s Terminal 5, achieving \u2018World Best Airport\u2019 awards. He also led the 2012 Heathrow London Olympic programme. His career to date has given him great insight into the worlds of airport operations and aviation.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Mr Jacobs remains in situ, but the DAA\u2019s board on Monday appointed another of the airport operator\u2019s senior&hellip;\n","protected":false},"author":2,"featured_media":193363,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,10725,11900,61,60],"class_list":["post-193362","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-daa","tag-dublin-airport","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/193362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=193362"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/193362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/193363"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=193362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=193362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=193362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}