REG-Irish Residential Properties REIT plc Retirement of Brian Fagan and Appointment of Mari Hurley as Chief Financial Officer

Irish Residential Properties REITAnnouncement

16/01/2026 07:02

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Irish Residential Properties REIT plc (IRES)
Retirement of Brian Fagan and Appointment of Mari Hurley as Chief Financial Officer

16-Jan-2026 / 07:00 GMT/BST

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                                                            Irish Residential Properties REIT plc

                                                                               

                                                                Retirement of Brian Fagan and

                                                    Appointment of Mari Hurley as Chief Financial Officer

                                                                               

                                                                               

16 January 2026, Dublin | Irish Residential Properties REIT plc (“the Company” or “I-RES”), Ireland’s largest provider of private rental accommodation,  today
announces that, after almost five years’  dedicated service with the Company,  Brian Fagan, Chief Financial Officer (“CFO”),  has notified the Company of  his
intention to retire this summer.  He will  be succeeded by Mari Hurley who will  join the Company, on a date to  be confirmed in due course, initially as  CFO
designate before assuming the role of CFO on Brian’s retirement.  

 

Ms Hurley joins the Company from her current role as CFO of state broadcaster  RTÉ.  She has extensive experience as a CFO and business leader in Ireland  and
the UK, in publicly listed companies as well as in large private and semi state companies. In addition, she served as a non-executive Director on the Board of
the National Asset Management Agency (“NAMA”) for ten years from 2014 to 2024. Prior to  her current role in RTE she worked as CFO for the AA (Ireland) for  3
years and for Premier Lotteries Ireland (operator  of the Irish National Lottery) for  3 years.  She also served as CFO  in Hostelworld Group plc, a role  she
held for 11 years.  Prior to that Ms Hurley served as CFO for the property advisory firm Sherry FitzGerald Group during its time as a listed company.

Ms Hurley is a chartered accountant and holds a B. Comm from University College Cork and a Master of Accounting from University of Dublin, Ireland. 

Ms Hurley’s appointment as CFO  follows an extensive and rigorous  selection process, both domestically and  internationally, led by the Company’s  Nomination
Committee together with the CEO and supported by independent third-party advisors. This role is not a Board position at present. 

Eddie Byrne, CEO of I-RES, commented:

“I would like to sincerely thank Brian for his immense contribution to  I-RES since joining the Company in 2021.  Following the successful internalisation  of
the management of the business, Brian  established a best-in-class finance function  and delivered a new IT platform  that continues to support the  company’s
technology transformation. During his tenure, he also  implemented new long-term funding structures, strengthening  the capital base and leaving the  business
well positioned to deliver new rental accommodation and execute its strategic objectives.  On a personal level, I would like to acknowledge Brian’s invaluable
support and consistently sound counsel since I joined I-RES in 2024, and to wish him every success and fulfilment in his retirement.

 

I am also very  pleased to announce  that Mari will join  I-RES as our  next CFO. Mari has  an extensive and  highly successful track record  as a CFO  across
private, semi-state and listed companies, spanning a wide range of sectors  – including property – with operations across multiple international markets.  Her
depth of experience  will be a  significant and  complementary addition to  I-RES as we  continue to  play a vital  role in addressing  the country’s  ongoing
residential accommodation needs, and I look forward to welcoming her to the team.

 

END

For further information please contact:

Investor Relations:

Eddie Byrne, Chief Executive Officer                                                                        Tel: +353 (1) 5570974

Stephen Mulcair, Investor Relations                                                                         Tel: +353 (1) 5570974

                                                                                                                                  Email: investors@iresreit.ie

Media enquiries:

Cathal Barry, Drury                                                                                                  Tel: +353 (0) 87 227 9281

Gavin McLoughlin, Drury                                                                                         Tel: +353 (0) 86 035 3749

Email: iresreit@drury.ie

About Irish Residential Properties REIT plc

Irish Residential Properties REIT plc (“I-RES”) is  a Real Estate Investment Trust providing  quality professionally managed homes in sustainable  communities
in Ireland. I-RES aims to be the  provider of choice for the Irish  living sector, known for excellent service  and for operating responsibly, minimising  its
environmental impact,  and  maximising  its  contribution  to the  community.  The  Company's  shares  are listed  on  Euronext  Dublin.  Further  information
at  1 www.iresreit.ie.

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   ISIN:          IE00BJ34P519
   Category Code: BOA
   TIDM:          IRES
   LEI Code:      635400EOPACLULRENY18
   Sequence No.:  415044
   EQS News ID:   2261024


    
   End of Announcement EQS News Service

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