Siobhan Lennon steps down as chief executive of Sunday Business Post

Newspaper boss says time is right to ‘hand over the reins’

 Sunday Business Post: Newspaper was sold to new owners in 2018. Photograph: Bryan O’Brien / The Irish Times.

Sunday Business Post: Newspaper was sold to new owners in 2018. Photograph: Bryan O’Brien / The Irish Times.

 

The chief executive of the company behind the Sunday Business Post, Siobhan Lennon, is standing down from her role.

Ms Lennon, who has been chief executive of Post Publications since 2016, has overseen the company’s transition to new owners, following the sale of the company by previous owners Key Capital to Kilcullen Kapital, a company led by Galway businessman Enda O’Coineen.

“I have been involved in developing a new strategy for the business and believe the company is well set for the next stage of its development,” she said.

“I feel that this is the right time for me to hand over the reins.”

The title last month won a significant court victory after a High Court jury dismissed billionaire Denis O’Brien’s claim that he was defamed in articles published by the newspaper.

“Siobhan has been a tremendous CEO,” said Mr O’Coineen. “She oversaw the company’s return to profitability last year. She was instrumental in the successful sale of the business in 2018 and she played a key role working with us to bed down that acquisition over the last number of months.”