{"id":516647,"date":"2026-06-24T22:16:07","date_gmt":"2026-06-24T22:16:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/516647\/"},"modified":"2026-06-24T22:16:07","modified_gmt":"2026-06-24T22:16:07","slug":"former-head-of-coillte-and-glen-dimplex-fergal-leamy-to-become-next-chief-executive-of-an-post-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/516647\/","title":{"rendered":"Former head of Coillte and Glen Dimplex Fergal Leamy to become next chief executive of An Post \u2013 The Irish Times"},"content":{"rendered":"<p class=\"c-paragraph paywall \">Former head of <a href=\"https:\/\/www.irishtimes.com\/tags\/coillte\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/coillte\/\">Coillte<\/a> and <a href=\"https:\/\/www.irishtimes.com\/tags\/glen-dimplex\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/glen-dimplex\/\">Glen Dimplex<\/a>, <a href=\"https:\/\/www.irishtimes.com\/tags\/fergal-leamy\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/fergal-leamy\/\">Fergal Leamy<\/a>, is to become the next chief executive of <a href=\"https:\/\/www.irishtimes.com\/tags\/an-post\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/an-post\/\">An Post<\/a>. <\/p>\n<p class=\"c-paragraph paywall \">The company is expected to announce on Thursday that Leamy will succeed <a href=\"https:\/\/www.irishtimes.com\/tags\/david-mcredmond\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/david-mcredmond\/\">David McRedmond<\/a> in the role. <\/p>\n<p class=\"c-paragraph paywall \">McRedmond is expected to leave the State-owned postal company at the end of the month. <\/p>\n<p class=\"c-paragraph paywall \">Finding a replacement for the former <a href=\"https:\/\/www.irishtimes.com\/tags\/tv3\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/tv3\/\">TV3<\/a> boss has strained relations between the company and its parent department, as well as Minister for Communications <a href=\"https:\/\/www.irishtimes.com\/tags\/patrick-odonovan\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/patrick-odonovan\/\">Patrick O\u2019Donovan<\/a>. <\/p>\n<p class=\"c-paragraph paywall \">The board of the company had proposed a salary rate of about \u20ac360,000 per year for the next chief executive, put forward under a new pay determination system by which boards in commercial State companies opt for a point on a pay band provided by the Government.<\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/ireland\/2026\/06\/18\/new-an-post-ceos-salary-should-reflect-risks-on-the-horizon-odonovan-suggests\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">New An Post CEO\u2019s salary should reflect \u2018risks on the horizon\u2019, O\u2019Donovan suggestsOpens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">This in turn has to be approved by line Ministers, as well as the <a href=\"https:\/\/www.irishtimes.com\/tags\/department-of-public-expenditure-and-reform\/\" target=\"_self\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/department-of-public-expenditure-and-reform\/\">Department of Public Expenditure<\/a>. However, O\u2019Donovan did not accept the proposal and instead opted for a lower rate of about \u20ac270,000. <\/p>\n<p class=\"c-paragraph paywall \">McRedmond\u2019s basic pay rate is set at about \u20ac250,000 annually. <\/p>\n<p class=\"c-paragraph paywall \">The terms and conditions for the new chief executive have not yet been confirmed.<\/p>\n<p class=\"c-paragraph paywall \">There were also concerns in An Post about delays in signing off on a request to increase its borrowing ceiling to allow it to invest in various projects. It also wants to create a centralised sorting office facility which it believes is key for its future development. <\/p>\n<p class=\"c-paragraph b-it-article-body__interstitial-link\">[\u00a0<a aria-label=\"Open related story\" class=\"c-link\" href=\"https:\/\/www.irishtimes.com\/business\/2022\/07\/15\/the-irish-times-business-person-of-the-month-fergal-leamy\/\" rel=\"noreferrer nofollow noopener\" target=\"_blank\">The Irish Times Business Person of the Month: Fergal LeamyOpens in new window<\/a>\u00a0]<\/p>\n<p class=\"c-paragraph paywall \">The board wrote earlier this month to the Minister saying it was being undermined by the delay, outlining that its business was coming under increased pressure and that this left the board\u2019s fiduciary duties and financial responsibilities in question. <\/p>\n<p class=\"c-paragraph paywall \">During his tenure, McRedmond chaired a taskforce to investigate future possible uses of <a href=\"https:\/\/www.irishtimes.com\/tags\/gpo\/\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/gpo\/\" target=\"_blank\">the GPO<\/a> complex on O\u2019Connell Street, Dublin. <\/p>\n<p class=\"c-paragraph paywall \">The group\u2019s report outlined that unused sections would be available as community-event spaces on an interim basis while a masterplan to redevelop the site is in development.<\/p>\n<p class=\"c-paragraph paywall \">While the overall plan will be consulted on, it is anticipated that priority will be given to the site\u2019s future use as a public post office, a cultural centre and office accommodation for the Government, alongside improvements to the public realm.<\/p>\n<p class=\"c-paragraph paywall \">A public consultation, or \u201cnational conversation\u201d, on the\u00a0<a href=\"https:\/\/www.irishtimes.com\/tags\/gpo\/\" rel=\"nofollow noopener\" title=\"https:\/\/www.irishtimes.com\/tags\/gpo\/\" target=\"_blank\">future of the site\u00a0<\/a>is also planned, but under the proposal for Cabinet, while these long-term plans are being developed, a \u201cmeanwhile use\u201d for\u00a0the GPO is envisaged, including community-event spaces in unused parts of the complex.<\/p>\n<p class=\"c-paragraph paywall \">The original GPO was opened in 1818 but was occupied and then destroyed during the 1916 Easter Rising, before being restored and fully reopened in 1929. While it was home to State-owned An Post until mid-2023, much of that company\u2019s workforce has now moved to a modern office building in the north docks.<\/p>\n","protected":false},"excerpt":{"rendered":"Former head of Coillte and Glen Dimplex, Fergal Leamy, is to become the next chief executive of An&hellip;\n","protected":false},"author":2,"featured_media":516648,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[18991,72,49785,23536,211990,14999,194161,124490,61,60,15645,70480],"class_list":["post-516647","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-an-post","tag-business","tag-coillte","tag-david-mcredmond","tag-department-of-communications","tag-department-of-public-expenditure-and-reform","tag-fergal-leamy","tag-glen-dimplex","tag-ie","tag-ireland","tag-patrick-odonovan","tag-tv3"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/516647","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=516647"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/516647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/516648"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=516647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=516647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=516647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}