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February 8, 2013: The Board of Bord Gáis Éireann has today appointed Michael McNicholas as the Chief Executive Officer of Bord Gáis.

Michael joins Bord Gáis from NTR plc, where he is currently the Chief Executive Officer. A native of Co Mayo, Michael has over twenty five years’ experience in the Irish and international energy industry, both in the semi-state and private sectors.  During that time, he has held senior positions with responsibility for major infrastructure and capital projects, restructuring, managing regulatory environments and competing in open energy markets.

Rose Hynes, Chairman of Bord Gáis, said: “I am very pleased that Michael is joining us as the new Chief Executive of Bord Gáis and we are very fortunate to have secured a person of such ability and experience to drive the company forward. Bord Gáis is undergoing a significant transformation with the establishment of Irish Water and the sale of Bord Gáis Energy, and I am confident that Michael will provide outstanding leadership in guiding the company into the next phase of its development.”

Michael McNicholas said: “I am honoured to lead Bord Gáis, one of the most successful and innovative commercial semi-state organisations, at this important time for the Company. I look forward to working with my new colleagues to address the challenges and opportunities that lie ahead, and I am committed to ensuring that Bord Gáis and Irish Water deliver a first class service to our customers and meet the needs of our community and our shareholder.”

Michael takes up the position by June 2013 and his appointment is for a seven year term.

 

For more information, please contact

Christine Heffernan, 087 050 5555

 

Notes to editors

Photograph available upon request

 

Michael McNicholas biography

Michael joined NTR plc in February 2010 as Chief Operating Officer, providing broad operational leadership across the group’s businesses. He was appointed CEO of NTR plc in June 2011 following a short period as Deputy CEO. Prior to joining NTR plc, Michael was CEO of ESB International, the international investment arm of the Irish energy company. Michael has over 25 years of experience in the Irish and International energy industry and has a Degree in Engineering from University College Galway. He is a Chartered Member of Engineers Ireland and a Committee Member of the Energy Institute.

 

About Bord Gáis Éireann

Bord Gáis Éireann has evolved in recent years from a gas transmission company to a major energy provider, supplying both gas and electricity to homes and businesses throughout the country. A commercial enterprise owned by the Irish State, it also builds and operates one of the most modern and safe gas networks in the world, connecting all natural gas customers to this network. The Government decided to establish Irish Water within Bord Gáis Éireann due to the company’s experience of managing a national gas network, providing award winning customer service and attracting international investment.

 

About Irish Water

In April 2012, the Government announced that it will create a publicly owned national water authority within the Bord Gáis Group to manage and improve the delivery of water and wastewater in Ireland. This new water authority, Irish Water, will replace the current system in which public water and wastewater services are delivered by 34 city and county councils.  The creation of a national water authority has many benefits. Most importantly, this new approach will facilitate increased investment into the system which will result in better quality water services.