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HomeAll newsMost read newsBusiness Leaders Biography
Portrait de Michael O'Leary
Birthday : 11/30/1960
Place of birth : Mullingar (Westmeath) - Ireland (Eire)
Public asset : 12,551 USD
Country of residence : Ireland (Eire)
Linked companies : Emis Group Plc - Epwin Group PLC

Summary 
Michael Kevin O'Leary is a businessperson who has been the head of 5 different companies. Currently, he holds the position of Non-Executive Chairman at EMIS Group Plc.

He is also on the board of Epwin Group Plc.

In the past he occupied the position of Chief Executive Officer at Huon Corp. Ltd., Chief Operating Officer for Finastra Group Holdings Ltd., Chairman for Act Medisys Ltd., Non-Executive Chairman of Digital Healthcare Ltd. and Chief Executive Officer for Vertex Financial Services Holdings Ltd.


Current positions of Michael O'Leary 
NameTitle Since
Emis Group Plc
(Advanced Medical Equipment & Technology)
Non-Executive Chairman 2011
Epwin Group PLC
(Construction Supplies & Fixtures)
Independent Non-Executive Director 2015


Holdings of Michael O'Leary 
NameEquities%Valuation
EMIS Group plc1,0000.0016%11,628 USD
Epwin Group PLC1,0000.0007%923 USD


Michael O'Leary : Personal Network 


Biography of Michael O'Leary 
Michael O’Leary began his studies in a Catholic school, the Clongowes Wood College, and then at Trinity College in Dublin. He will come out without a diploma.

From 1984 to 1986 he was taw consultant at KPMG. In 1988 he became Tony Ryan’s financial advisor, co-founder with Christy Ryan and Liam Lonergan of Ryanair in 1985. At first time, it operates flights between Waterford, a town in south-eastern of Ireland, and London. The company expands quickly its offer with many flights intra Europe.

In the 1990s, Tony Ryan quitted the company’s direction and Michael O’Leary became deputy CEO in 1991 and CEO in 1994. He was responsible for restructuring the company in order to increase its earnings. He focused on a unique aircraft model, giving up the idea of business class and proposing very low prices.

In 1992, he went to Dallas to study the operation of Southwest Airlines. O’Leary transforms Ryanair from a small company in a first low cost’s group and third largest airline company in Europe (after Air France / KLM and Lufthansa). Ryanair’s headquarter is situated in Dublin.

The company had grown very quickly thanks to its business model of “low cost” and airline industry’s deregulation in Europe in 1997.

In 2001, Michael O’Leary was awarded as "European businessman of the Year" by Fortune magazine. Tony Ryan, founder of Ryanair, died in 2007 of pancreatic cancer.
Copyright © 4-traders.com / Photo © Maxppp

Anecdotes
He is keen on horse racing, agriculture and rugby. In 2004, he bought a taxi license for his Mercedes-Benz to use the bus lanes in Dublin in order to reduce his travel time.
Citations
"We need a recession. We have had 10 years of growth. A recession gets rid of crappy loss-making airlines and it means we can buy aircraft more cheaply."

"I'm probably just an obnoxious little bollocks. Who cares?"

"At the moment the ice is free, but if we could find a way of targeting a price on it, we would."

"For years flying has been the preserve of rich fuckers. Now everyone can afford to fly."


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Michael O'Leary : Connections 
Spirax-Sarco Investments Ltd.
Oxford Instruments OST Holdings LLC
Omicron Nanotechnology USA LLC
Oxford Instruments Nanoscience Ltd.
Nanotechnology Tools Ltd.
Oxford Instruments Holdings GmbH
Oxford Instruments Holdings 2008, Inc.
Oxford Instruments Plasma Technology Ltd.
The Entrance Fire Door Co. Ltd.
Epwin Secretaries Ltd.
Powermats Ltd.


Latest news about Michael O'Leary 
02/08RYANAIR : CEO's new share option scheme targets doubling profit in 5 years
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02/04EUROPE MARKETS: European Markets Mostly Lower, With Banks Weak, Earnings News Downbeat
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02/04LONDON MARKETS: London Markets Edge Up Thanks To Oil Majors, But Miners Weigh
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02/04MICHAEL O'LEARY : Ryanair sees fares falling further; O'Leary to stay on
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02/04RYANAIR : may buy back its shares in event of hard Brexit
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01/29RYANAIR : acquires remaining quarter of Austria's Laudamotion
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01/29MICHAEL O'LEARY : Ryanair could add one or two airlines but 'nothing big' - O'Leary
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