eir announced the appointment of Oliver Loomes as its Chief Executive Officer-designate, replacing Carolan Lennon, who has served as CEO since 2018.
Loomes, an experienced corporate leader, has spent 30 years working in consumer-focused industries, his most recent position was Chairman and Managing Director at Diageo Ireland.
Lennon departs eir having led four consecutive financial years of growth in profits, as well as the significant expansion of the company’s customer base, during her tenure. From 2018 to 2021, eir’s fibre broadband customer base grew by 30% to 823,000 customers, while the number of mobile bill pay customers grew by 60% to 869,000. Additionally, more than 500,000 premises have been added to eir’s fibre-to-the-home broadband network during her time overseeing an unprecedented investment of over €1bn by the company in its infrastructure.
David McRedmond, Chairman of eir, said: “Carolan has successfully steered eir through a momentous rebuilding phase that has seen significant expansion of both its customer base and network reach. She and her team have built the platform for future success. The large-scale investment that eir’s shareholders have made in the company positions it as, not only Ireland’s leading telecoms provider, but one that is future-proofed to navigate pace of technological change. This investment serves one clear purpose: to provide our customers with the world-class products and services they need.
