DAA chief executive Kenny Jacobs taking 'time out of the business', board confirms
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DAA chief executive Kenny Jacobs taking 'time out of the business', board confirms
"As we come towards the end of a very busy and successful time for our group, the board of DAA has asked me to convey its sincere thanks for all your hard work and commitment throughout the year. We end 2025 with record passenger numbers across all our airports, both in Ireland and overseas, and with strong performing airport retail and international consultancy businesses."
"This was achieved during a period of intense scrutiny and challenge at a corporate level. We recognise that the speculation and commentary surrounding our CEO and board has been unsettling, not least when family and friends are asking you questions that you cannot answer. The board has asked me to share with you today that our CEO will take some time out of the business. In combination with the DAA executive, the recent appointment of Nick Cole as Deputy CEO ensures there will be continuity of leadership throughout this period."
The DAA board has confirmed Mr Jacobs will no longer serve as chief executive. The board's Chief People Officer informed employees that the CEO will take some time out of the business. The board recently appointed Nick Cole to a newly created Deputy CEO role without clarifying his working relationship with the group CEO. Mr Jacobs is reportedly considering legal options amid escalating tensions and a potential move to unseat him. The board thanked staff for record passenger numbers, noted intense corporate scrutiny, and said the Deputy CEO appointment will ensure continuity during the busy Christmas period.
Read at Irish Independent
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