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Head of harbour company resigns

Thursday, 08 May 2008

THE boss of the Dún Laoghaire Harbour Company has informed the State owned firm of his decision to resign from his position as chief executive next year.
Michael Hanahoe (61), who is a native of Dún Laoghaire, decided to step down as chief executive in April next year. Mr Hanahoe’s contract was not due to expire for several more years.
A spokesman for the harbour company said: “Michael Hanahoe as chief executive of the harbour company advised the chairman and the board on Friday (April 25) of his intention to resign next year. That is a condition of his contract that he has to give twelve months’ notice.”
The spokesman declined to comment on the reasons for Mr Hanahoe’s decision to depart from the State-commercial firm that he has served as CEO since 1997, but he did say his decision to leave was a “personal” one.
Mr Hanahoe’s resignation comes after his proposal to offer redundancy packages to several harbour police officers in Dún Laoghaire was rejected by the company’s board of directors two weeks ago.
Also, at the same meeting, he announced that a joint venture between developers Sisk and Park, which had been awarded the contract for the company’s long mooted Carlisle Pier scheme, had withdrawn from the project.
The finance director at Sisk, Colm Whooley, told Southside People they pulled out of the multi-million project because of the economic downturn and what he described as the “uncertainty” of the planning process.
A letter seen by Southside People, recently sent from the port operations manager to the harbour police on behalf of harbour company management outlined the redundancy proposals for the harbour police officers.
The document included a proposal to reduce harbour police manpower from the current number of 17 to 14 and stated that this was “to be achieved by redundancy payments”.
It is understood that a number of directors expressed concern about the proposals because of fears that the harbour’s security could be compromised if the policemen’s night shifts were stopped.

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