EirGrid Group has strengthened its senior team by appointing Mark Foley as Group Chief Executive Officer (CEO).

Mr Foley will join the company on 25 June from Coillte, where he is currently the Managing Director of the Land Solutions business and previously held the role of Managing Director of Coillte Enterprise.

With senior management experience in the private, multi-national and commercial semi-state sectors, prior to Coillte Mr Foley was Director of Capital Programmes at Dublin Airport Authority.

Commenting on the appointment, Chairman of EirGrid Group John O'Connor said: "On behalf of the board, I am delighted to announce the appointment of Mr Mark Foley as Chief Executive of EirGrid Group following a competitive recruitment process.

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"Mr Foley is exceptionally well experienced and qualified to lead the organisation through an unprecedented time of change in the energy sector.  He brings a wealth of expertise in strategy development and implementation, innovation, infrastructure development and renewable energy. He has the experience and skillsets to fulfil this demanding role to a very high standard in challenging times.

"Mr Foley understands the critical role that the EirGrid Group plays in developing, operating and managing the power system and the electricity market across the island of Ireland. I am confident he will build relationships with our key stakeholders to deliver for the benefit of consumers, stakeholders and communities on the island of Ireland.

"We very much look forward to working with Mr Foley over the coming years as he leads the EirGrid Group and its experienced management team into the next phase of its development."

(LM)