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MarketScreener Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

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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 : 14,273 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 at the helm of 5 different companies and holds the position of Non-Executive Chairman of EMIS Group Plc.

He is also on the board of Epwin Group Plc and Oxford United Football Club.

In his past career he held the position of Chief Executive Officer of Huon Corp. Ltd., Chief Operating Officer of Finastra Group Holdings Ltd., Chairman at Act Medisys Ltd., Non-Executive Chairman of Digital Healthcare Ltd. and Chief Executive Officer at 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
Oxford United Football Club Director -


Holdings of Michael O'Leary 
NameEquities%Valuation
EMIS Group plc1,0000.0016%13,171 USD
Epwin Group PLC1,0000.0007%1,103 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 
Oxford Instruments GmbH
Powermats Ltd.
Oxford Instruments OST Asset Co. LLC
Epwin Secretaries Ltd.
Omniprobe, Inc.
The Entrance Fire Door Co. Ltd.
Oxford Instruments Nordiska AB
Specialist Building Products Ltd.
Oxford Instruments Industrial Analysis Ltd.
Crown Architectural Aluminium (UK) Ltd.


Latest news about Michael O'Leary 
10/19RYANAIR : Germany to give cabin crew more rights amid Ryanair row - minister
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10/17HARD BREXIT COULD GROUND UK FLIGHTS FOR THREE WEEKS : Ryanair CEO
RE
10/17LUFTHANSA : Hard Brexit could ground UK flights for three weeks - Ryanair CEO
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10/15Ryanair appoints additional managing director at Laudamotion
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10/09Lufthansa and Ryanair settle dispute over leased planes
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10/09NORWEGIAN AIR SHUTTLE : Ryanair's O'Leary 'optimistic' union strife won't damage business further this year
RE
10/09MICHAEL O'LEARY : Ryanair's O'Leary 'optimistic' union strife won't damage business further this year
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