Dublin 25th October 2022 - Following the announcement earlier this year of his intention to step down as CEO of IDA Ireland in early 2023, Martin Shanahan has tendered his resignation from the Agency and will commence a period of garden leave effective from 26th October 2022.

The Board of IDA Ireland has appointed Mary Buckley as interim CEO effective from 26th October 2022. Mary is currently Executive Director of the Agency a role she has filled since 2015 and is a member of the Executive leadership team.  She brings with her extensive organisational experience, having previously held a number of leadership positions Overseas, at HQ Dublin, and Regional locations for IDA Ireland. 

An international competition to fill the role of CEO of IDA Ireland will commence immediately.

The Chairman of the Board of IDA, Frank Ryan again thanked Martin Shanahan for his service to IDA and to Ireland saying that he had “served IDA and the country with distinction”.

“Martin has steered IDA through some of the most difficult challenges that it has faced in its history, from driving economic recovery to international tax changes, the withdrawal of the United Kingdom from the European Union, a global pandemic and more recent global geopolitical and economic challenges,” said Mr. Ryan.

“Winning foreign direct investment is hugely competitive and Martin has been a constant economic ambassador for Ireland in Boardrooms across the world during his tenure.”

“The Board of IDA, colleagues and I wish him every success in the future."