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Lakehouse chief quits

8 Mar 16 Lakehouse chief executive Sean Birrane has handed in his notice just four weeks after more than 28% of shareholders voted against his re-appointment to the board.

Stuart Black, left, and Sean Birrane, right
Stuart Black, left, and Sean Birrane, right

His role will be taken on by executive chairman Stuart Black, whose re-appointment was opposed by more shareholders.

At the company’s annual general meeting on Friday 5th February 2016, 28.69% of shares voted against the re-election of Stuart Black as executive chairman and 28.41% voted against Sean Birrane as chief executive. [See our previous report here.]

With Mr Black becoming chief executive officer, the senior non-executive director, Chris Geoghegan, becomes non-executive chairman.

Lakehouse floated on the London Stock Exchange just a year ago.

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MPU
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