Malin Corporation plc announced that Fiona Dunlevy will assume the role of Executive Director from 2 October 2023 and join Malin's board of directors. Malin's Chairman, Liam Daniel, will also undertake additional responsibilities as an Executive Chairman from 2 October 2023. The leadership of the Company will transition from Mr. Lyons to Ms Dunlevy and Mr. Daniel over the following period and they will continue the work to maximise shareholder returns by protecting and enhancing the value of Malin's remaining positions in its investee companies.

Mr. Lyons will step down as member of the board on his departure as CEO. The leadership changes are consistent with the continuous aim of operating within a lean and efficient infrastructure that is aligned with the breadth of the underlying assets.