Leadership

Indira Nooyi is the current Chairperson and Chief Executive Officer of PepsiCo, the world’s second largest food & beverage manufacturer based on revenue. She is PepsiCo’s first female CEO. Nooyi has been consistently included in Forbes’ list of the World’s 100 Most Powerful Women. A Short Biography Indira Nooyi was born in Chennai, India on 28 October 1955. After graduating with an MBA from the Indian Institute of Management Calcutta in 1976, she worked as a product manager at Johnson & Johnson and Mettur Beardsell, a textile firm. Nooyi won a scholarship to the Yale School of Management and moved to the United States to earn a Master’s degree in…

Trump’s Stance on Undocumented Workers Last night Donald Trump vowed there would be no amnesty given to undocumented workers currently living and working in the United States. While he didn’t state the plan was to deport them, he was clear that he would focus on those who have committed crimes. Missed Opportunity to Expand Support The speech seemed to have been a perfectly delivered speech, if this was last year and he was trying to rally the Republican base to win the nomination. As a leader, this is the time to expand his reach, beyond the 40% of Republicans who fully support him. He needs more support. Much more. The…

Football is back. Finally. It is the NFL’s Hall of Fame weekend, and much media attention has been focused on Brett Favre. Known at “the Iron Man” during is tenure in the NFL with an insane 297 consecutive starts over a 20-year career. It is fitting that Favre enters the Hall of Fame along with the late-Ken Stabler. There are numerous parallels between both quarterbacks. Both went to southern colleges. Stabler to Alabama and Farve to Southern Miss. Both had slow starts to their respective careers. Both led eventual powerhouse teams which respectively went down as dynasties in the NFL. Both won a Super Bowl championship, and experts agree each…

Fergus Clancy has been appointed executive chairman of Mater Private Healthcare Group, having previously served as its group CEO. According to the company, Clancy will retain overall responsibility for strategic leadership and governance of the Group. John Hurley has been appointed to replace him as group CEO.  Hurley was previously CEO of Mater Private Hospital, Dublin.  A graduate of University College Cork, he did his surgical training in Ireland and completed his training as a heart transplant surgeon at the Cleveland Clinic. He was appointed consultant cardiac and transplant surgeon at the Mater Misericordiae University Hospital in 1995, and since then. he has also been a surgeon in the Mater…

Former EY Entrepreneur of the Year and founder of Suretank Patrick Joy has been appointed as a non-executive director of communications company TPI Group. Chartered engineer Joy built engineering solutions provider Suretank in Co Louth into a global business employing 800 people and won the entrepreneur title in 2013. “I am ready for this challenge and look forward to growing this successful Irish owned and Irish run business,” he said. Colin Culliton, CEO of TPI Group, said Joy’s experience would be “invaluable” as it continues its growth into a full service marketing communications company. “Employing over 120 staff, TPI Group is made up of The Printed Image, TAP Creations, Runway…

There were two developments that were particularly positive for Ireland’s debt dynamics in the first half of this year – the issue of our first ever 30-year bond and the completion of the early repayment of just over €18bn of Ireland’s IMF loan facility, according to National Treasury Management Agency (NTMA) chief executive Conor O’Kelly. On the release of the NTMA’s 2014 annual report and mid-year update, he explained the early repayment of the IMF loan was made using cheaper, long-term market funding and generated interest savings of over €1.5bn. “The weighted average maturity of our long-term marketable and official debt has improved from 7.3 years at end 2012 to…

Irish Nationwide Building Society (INBS) has admitted to “multiple breaches of financial services law and regulation” and has entered into a settlement agreement with the Central Bank. The Central Bank said today that the settlement follows the conclusion of its “most significant and extensive regulatory investigation to date”. The investigation, which focused on INBS’s commercial lending and credit risk management processes, began in 2010.  It related to the building society and certain people involved in its management between 1 August 2004 and 30 September 2008. Between 2008 and 2010, INBS had losses of more than €6bn, mainly due to the impairment of its impaired loan book.  Under the National Asset…

Tech multinational EMC has developed an innovation platform from its Cork base specifically designed for industrial internet of things (IoT) development, in partnership with Vodafone Ireland. Involving an initial €2m investment and called Infinite, this is the first large-scale Industrial Internet Consortium (IIC) approved industrial IoT innovation platform in Europe. The platform is spread across three data centres – those of EMC, Vodafone and data centre and cloud provider Cork Internet eXchange in Cork. IoT involves processes such as manufacturing to everyday objects, including household appliances and even clothing, containing sensors that are connected to the internet and generating data for analysis. Infinite encompasses all the significant technologies, domains and…

NUI Galway has today named the four recipients of its 2015 honorary degrees. The four, who will be conferred this Friday (12 June), are: Áine Brazil, vice chairman of Thornton Tomasetti, New York, USA; Billy Lawless, Chicago-based Galway-born businessman and vice-president of the Illinois Coalition for Immigrant and Refugee Rights; Svante Pääbo, Swedish biologist and director at the Max-Planck Institute for Evolutionary Anthropology in Leipzig, Germany; and Phillip Smyth, director of the Shannon College of Hotel Management. NUI Galway president, Dr Jim Browne, said each has made an outstanding and distinctive contribution to the diverse fields of engineering, public life, genetic science and the international hospitality industry. Brazil will be…