– IRELAND, Dublin – Independent News and Media PLC (LSE:INM), announces that Kieran Mulvey has been appointed as a non-executive Director of the Company with effect from today.
Mr. Mulvey has been nominated to the Board by Mr. Denis O’Brien, the Company’s largest shareholder and, accordingly, the Board has determined that Mr. Mulvey should not be considered to be independent on application of the independence criteria set by the UK Corporate Governance Code. INM is currently actively engaged in securing a further candidate for appointment to the Board to restore compliance with the Board constituent provisions of the Code. The Company hopes to make a further announcement in this regard in the coming months.
Mr. Mulvey has had a distinguished career in public service having been Director General of the Workplace Relations Commission, and formerly Chief Executive of the Labour Relations Commission, for over 25 years until his retirement in 2016 and has served on the governing boards of a number of public bodies including University College Dublin, the Independent Radio and Television Commission and the National Economic and Social Council. He is currently a Director of Dublin City University DAC, Chairman of Adare Human Resources Ltd, Chairman of Sport Ireland and Trustee/Treasurer of the registered charity, the International Foundation for the Protection of Human Rights Defenders. Mr. Mulvey has extensive experience on projects with the European Union and the International Labour Organisation and since his retirement has been engaged by the Government on a number of strategic issues. He is the recipient of Honorary Doctorates from the National University of Ireland and University College Dublin.
Murdoch MacLennan, Chairman of INM said: “I would like to welcome Kieran to the INM Board. His wide-ranging industrial relations and business experience will add significantly to the calibre of our Board as we face up to the many challenges that lie ahead.”
Mr. Mulvey does not hold, and has not in the past five years held, a directorship in any other publicly quoted company.
For more information : http://www.inm.ie
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