Deirdre Veldon resigns from her position as the top leader of our online platform
Deirdre Veldon, the Group Managing Director of a leading media group, has announced her decision to step down from her role to pursue other professional opportunities. Veldon has been a driving force in the business and editorial success of the media group for over three decades.
Veldon joined the group in various senior roles 30 years ago and has left an indelible mark on the organization. During her tenure, she oversaw a major digital transformation program, which led to significant growth in digital subscriptions. Under her leadership, the group has returned to profitability.
One of Veldon's most notable achievements was her involvement in the acquisitions of RIP.ie and Gloss magazine. She also played a key role in the sale of radio assets, demonstrating her strategic acumen and commitment to the group's growth.
Michael Sheehan, the Chief Financial Officer, has been appointed as an interim Group Managing Director while the successor is being sought. Shay Garvey, Chair of the media group, described Veldon as a 'driving force' in the group's success and praised her leadership, creativity, and commitment to journalistic excellence and the future of the publishing industry.
The media group includes the Cork-based Examiner and Echo titles, regional newspapers, and property website MyHome.ie. Veldon's departure comes at a time when the publishing industry is facing challenges from AI and other digital disruptors. She will continue to work with the group on regulatory and media industry issues, including finding ways for the publishing industry to respond to these challenges.
Veldon's decision to step down comes after she returned the group to profitability and experienced significant growth in digital subscriptions. She will be missed by her colleagues and the entire media industry. The official appointment date for her successor has not been announced yet.
In conclusion, Deirdre Veldon's contribution to the media group has been immense. Her leadership, strategic vision, and commitment to journalistic excellence have been instrumental in the group's success. As she moves on to new opportunities, she leaves behind a legacy that will continue to inspire and guide the group in the years to come.
