EX CEO of Enterprise Ireland, Leo Clancy has been appointed as the new Chief Executive Officer of Ei Electronics.
Leo succeeds Ei founder Mick Guinee in the role when he steps down on March 31st. Mick was originally appointed Managing Director of the GE owned EI Company in April 1983 and then led a management buyout before establishing Ei Electronics as a fully owned Irish company in March 1988.
On Tuesday, Ei’s board confirmed the appointment of Leo which becomes effective from April 1st.
Clancy served for four years as CEO of Enterprise Ireland before stepping down in December. Prior to this, he was Head of Technology at the IDA.
An Electronics Engineer, Leo spent the earlier part of his career in the private sector, working in global roles with Ericsson and was General Manager Service Delivery for Ericsson Ireland. He subsequently served as Service Delivery Director with e-net, a public-private partnership, based in Limerick, delivering regional business broadband infrastructure in Ireland.
Commenting on his new role, Leo said he was “honoured” to succeed Guinee. “Mick’s legacy is extraordinary, and Ei is an incredible Irish success story. I am looking forward to the opportunity of working with Mick, as Chairman, and with the talented team at Ei Electronics to drive the company’s next phase of growth and innovation”.
Mick who will remain as Chairman of the Board of Directors stated, “On behalf of the Board and the entire organisation we are delighted to welcome Leo Clancy as our new CEO. Leo’s expertise, experience and empathic leadership style make him the ideal choice to lead Ei Electronics into its next chapter”.
Headquartered in Shannon, Ei is a 100% Irish owned multinational and a global leader in fire and home life safety products. The company employs more than 1,250 people worldwide.
