LONDON (ShareCast) - (Sharecast News) - Agricultural services provider Origin Enterprises said on Thursday that group chief executive officer Tom O'Mahony had told the board that after 13 years as group CEO, he would retire from his role and from the board by the end of the 2020 financial year.
The AIM-traded firm said group chief financial officer Sean Coyle had been appointed as O'Mahony's successor, effective 1 July, with the leadership transition taking place until the end of July.

It said it would begin the search for a new group CFO, and announce an appointment in due course.

Coyle was appointed group CFO and to the board in 2018, and was formerly group finance director and managing director of the Supply Chain Division of UDG Healthcare.

Before UDG, he was chief financial officer and an eExecutive director at Aer Lingus Group, and before that, held senior management positions at Ryanair Holdings.

"On behalf of the board I would like to thank Tom for his dedication, commitment and leadership of Origin over the past 13 years," said chair Rose Hynes.

"Tom joined the business in 1985 and has made an invaluable contribution during his 35 years with the group."

Hynes said O'Mahony had been a "driving force" behind the growth and development of Origin.

"I am very pleased that the group's succession planning is enabling the smooth transition from within the organisation and to have an individual of Sean's calibre to succeed Tom as group CEO."

Tom O'Mahony added that after 35 years at Origin, with the last 13 years as group CEO, it was "an appropriate time" for change.

"I am delighted that Sean has been appointed as group CEO," he said, adding that he "combines the necessary leadership qualities with a strong intellectual capacity and a clear communication style to bring the Group through its next phase of growth and development.

"Origin is well positioned to capitalise on its scale and competitive advantages as it continues to address the increasingly complex and sophisticated service requirements of primary food producers and amenity professionals."

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