Ciaran Connell, Jim O'Hara, and Michael McLaughlin

Former Intel Ireland general manager Jim O’Hara has been named the chairman of the fabless semiconductor company, DecaWave. The Dublin-headquartered company , which specializes in ultra-wideband (UWB) technology for real-time location systems (RTLS) and wireless sensor networks (WSN), also announced that it had raised a further funding round of €6m from private investors in the US and Europe. This brings the total invested in DecaWave to €12.4m. O’Hara was general manager of Intel Ireland from 2002 until 2010 and was a vice president of Intel Corporation from 2003. He is a board member of Enterprise Ireland, is on the board of the UCD Michael Smurfit Graduate Business School, and is on…

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Three new directors appointed to Vhi board

Minister for Health, Dr James Reilly TD has appointed Dr Ambrose McLoughlin, John Melvin and Martin Sisk to the board of Vhi Healthcare for a three year period to 14 March, 2015. McLoughlin has over 30 years’ experience in health services from practitioner  level to chief executive. He is the registrar and chief executive officer of the Pharmaceutical Society of Ireland (PSI) and a former CEO of the North Eastern regional Health Board in Ireland. Melvin is an engineer with extensive consulting and management experience in the public and private sectors. He was a member of the senior management team in Beaumont Hospital with responsibility for allied health and clinical support…

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Business and Leadership Ltd.

Bank of Ireland has announced the appointment of Patrick Haren and Kent Atkinson to its board as non-executive directors with immediate effect. Haren is a former CEO of the Viridian Group, having joined Northern Ireland Electricity (NIE), the regional electricity supplier, in 1992 as chief executive. He led the privatisation of NIE by IPO in 1993 and grew the business under the new holding company Viridian between 2000 and 2007. He previously worked with the ESB, including as director, new business investment. Haren, who has an MBA from UCD, served as a board member of Invest Northern Ireland for a number of years. Atkinson was group finance director of Lloyds…

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Business and Leadership Ltd.

Irish senior executives are showing a willingness to contribute to economic recovery, with 65pc saying they would participate on a State board, a new survey out today reveals. The study, conducted by Amárach Research on behalf of MERC Partners, revealed that 69pc of respondents believe prospects for the Irish economy are currently more positive than they were this time last year. Only 14pc of those surveyed had a more negative outlook compared to 12 months ago. The need to create a better climate for job creation was noted as the most urgent issue for Government, with 43pc of respondents saying it was the Government’s single most urgent short-term challenge. The…

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Taoiseach opens Global Irish Economic Forum

Taoiseach Enda Kenny this morning opened the Global Irish Economic Forum at Dublin Castle, welcoming 300 delegates from more than 37 countries. “We are glad you are here for this crucially important event,” he said. “We want to hear your ideas on how together we can grow Ireland.” Kenny said that in the history of Ireland, there has “never been such an unprecedented challenge nor such an extraordinary opportunity”. He talked about some of the priorities of the Government in its mandate to “face up to and tackle the country’s problems and to get Ireland working again”. These include restoring Ireland’s place as a respected and influential member of the…

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The Nobel Medal for Physics

The Nobel Prize in Physics for 2011 has been awarded to three US-born scientists whose observations of distant exploding stars have led to the discovery that the expansion of the universe is accelerating. The Royal Swedish Academy of Sciences said today that one half of the prize would go to Saul Perlmutter of The Supernova Cosmology Project in the University of California, while the other half is being awarded to Brian Schmidt and Adam Riess, both of the High-z Supernova Search Team. The two teams will share the SEK10m (€1.09m) prize money. Perlmutter began his project in 1988, while in 1994 Schmidt started the other team, in which Riess was…

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John Hartnett, president and founder, ITLG

The Irish Technology Leadership Group (ITLG) has revealed the names of 10 more business leaders who have signed up to its Diaspora 2016 initiative, which was announced at last week’s Global Irish Economic Forum in Dublin. Under the scheme, the ITLG is creating a pool of global industry leaders who are volunteering to sit on relevant Irish State boards until 2016, without remuneration. According to the ITLG, the initiative’s objective is to provide the Government with a list of 100 highly qualified business leaders who want to contribute their experience and time to help Ireland succeed and thrive. “We have received an overwhelming response to the initiative from diaspora across…

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Henry Tirri

Henry Tirri has been appointed to take over from Richard Green as chief technology officer at Nokia. In June, Green took a leave of absence from the company. At the time, he was reported to have been unhappy with management decisions and to have disagreed with Nokia president and CEO Stephen Elop’s smartphone strategy. In a statement today, Nokia said Green, who was appointed CTO in May 2010 and had been a member of the Nokia leadership team since February of this year, had decided to leave the company. The Finnish mobile phone company said he will be returning full time to the US “to pursue new opportunities”. Tirri, meanwhile,…

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Business and Leadership Ltd.

Independent TD Mick Wallace has apologised for derogatory comments he made in the Dáil about Fine Gael TD Mary Mitchell O’Connor, while she just wants the issue to be forgotten. Speaking on RTE’s John Murray Show this morning, Wallace said he was out of order for referring to the Dún Laoghaire-Rathdown TD as “Miss Piggy”. The comments were caught on microphone and released to the public this morning. During the audio recording, Wallace can be heard calling Mitchell O’Connor, “Miss Piggy”, during a conversation with fellow Independent TDs Shane Ross and Luke ‘Ming’ Flanagan. Wallace exonerated the other two TDs, stating they had “nothing to do with it”. On this…

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European Investment Bank

The Minister for Finance has said the next chief of AIB may be paid more than €500,000, reports the Irish Times this morning. Although he said it is unlikely, Michael Noonan has not completely ruled out the possibility that the bank may be allowed to exceed its salary cap of €500,000 as it is having difficulties appointing its next chief executive. “As has been stated publicly by the Taoiseach, a compelling case would have to be made for the Government to consider setting aside this cap taking account of the recent decision on the pay ceilings for CEOs of semi-States and senior public sector posts,” Noonan said in response to…

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