Enterprise Ireland Announces Leadership Transition As Ceo Leo Clancy Steps Down After 10-Year Term

Leo Clancy to step down as Enterprise Ireland CEO marks a new chapter for the agency.

Under Clancy’s leadership, Enterprise Ireland has achieved remarkable success, driving record results in client jobs, exports, spend in the Irish economy, and support for start-ups. With nearly €1.5 billion earmarked for Horizon Europe funding since its launch in Ireland, the agency has enabled numerous Irish businesses to access vital research and innovation funding.

Clancy’s tenure was marked by a renewed focus on indigenous Irish business, with his early project aimed at developing a new strategy for the decade ahead. This initiative underscores Clancy’s commitment to supporting local enterprise and highlights Enterprise Ireland’s dedication to fostering a vibrant research ecosystem in Ireland.

During his time at IDA Ireland and Enet, Clancy demonstrated his expertise in driving business growth and innovation. His appointment as CEO of Enterprise Ireland in 2021 was seen as a natural progression, given his experience in shaping global marketing communications and digital services.

Enterprise Ireland is currently conducting an immediate recruitment process to find Clancy’s successor. Executive Director Kevin Sherry will take on an interim role as CEO from March until a new leader is appointed. With Sherry at the helm, Enterprise Ireland will continue to drive growth, innovation, and job creation for Irish businesses.

The agency’s 25-year anniversary in 2023 was a testament to its enduring impact on the country’s economic landscape. Clancy’s dedication to investing heavily in research and innovation has been instrumental in shaping this success story. As he embarks on his next career chapter, Enterprise Ireland looks forward to continuing its mission of supporting Irish businesses and driving economic growth both at home and abroad.

The agency’s strong foundation laid during Clancy’s tenure will serve as a solid base for the next chapter in its history. With Sherry leading the way, Enterprise Ireland is poised to embark on an exciting new era of growth and expansion, driven by its commitment to innovation, research, and job creation.