– IRELAND, Dublin – Paddy Power plc  is pleased to announce the appointment today of Michael Cawley as an independent non-executive director of the Company. Michael has also been appointed as a member of the Audit Committee.

Michael has been Deputy Chief Executive Officer and Chief Operating Officer of Ryanair since 2003, having joined as Chief Financial Officer and Commercial Director in 1997. His responsibilities have included the management and exploitation of ryanair.com since its launch in 2000. Prior to 1997, Michael was Group Finance Director of Gowan Group Limited. Michael holds a Bachelor of Commerce degree and is a fellow of the Institute of Chartered Accountants in Ireland.

Commenting, Nigel Northridge, Chairman of Paddy Power plc said: “Michael is a highly accomplished executive who will add very substantial commercial, financial and international business experience to the Board. I warmly welcome him to Paddy Power.”

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