home | about | divisions | news | media player | sponsorship
Sean Quinn stands down from the Board of QUINN-group Ltd
Sean Quinn has today announced that he, along with his wife Patricia, have decided to stand down from the Board of QUINN-group Limited.
Mr Quinn said in a statement that his decision was based on his need to concentrate in the short term on Quinn family interests outside of QUINN-group Limited and in particular on the interaction of these interests with Anglo Irish Bank. He also stated that he wanted to avoid any potential conflict of interest associated with the proposed sale of QUINN-Insurance.
He added
"After 37 years of sustained development QUINN-group Limited has a mature, professional and skilled executive as well as a very experienced and independent Board. The Group is extremely well invested and is strongly positioned to meet all of the challenges ahead. The Group management and staff in all areas are second to none as has been demonstrated in recent times. For now I want to concentrate on Quinn family interests outside of the Group and bring all outstanding matters to a satisfactory conclusion in that regard".
05 May 2010
