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.
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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.
(CD/GK)
