Fergal Leamy, the former chief executive of Glen Dimplex and Coillte, is being positioned as the next chief executive of An Post. The appointment, which requires final vetting by the Central Bank, would see Leamy succeed David McRedmond, who is scheduled to depart the state-owned postal service group at the end of next month.
The recruitment for the top role at An Post is currently underway, with the organization assessing a range of both internal and external candidates. The process is being managed by An Post chairperson Kieran Mulvey and a dedicated subcommittee of the An Post board. The vacancy arises as the group manages a fundamental shift in its core operations, balancing the requirements of its Universal Service Obligation (USO) with the commercial demands of the logistics and financial services markets. The incoming CEO will be tasked with managing the tension between the non-commercial necessity of delivering mail to all citizens and the commercial imperative to grow the group’s parcel and retail sectors.
The leadership change marks the end of David McRedmond’s tenure. McRedmond, who had his initial seven-year contract extended in 2023, is set to leave his post following the conclusion of next month. According to An Post’s latest annual report, McRedmond earned a basic salary of €250,000 in 2024, with his total remuneration amounting to €313,000. During his term, McRedmond oversaw the group’s strategic pivot to mitigate the impact of declining postal volumes by expanding its e-commerce logistics and parcel delivery services. This realignment was designed to leverage the rise in online retail and diversify the group’s revenue streams away from traditional mail.
The confidential process to recruit a new CEO for An Post is under way and being led by chairperson Kieran Mulvey and a subcommittee of the An Post board. There is no further comment on the process at this time.
An Post spokeswoman
Fergal Leamy’s Professional Record
Leamy’s potential appointment would represent a return to the semi-State sector after seven years in the private sector. His professional background spans international consultancy, food manufacturing, private equity, and state-managed resources.
Leamy began his career in 1999 with the management consultancy firm McKinsey. Between 2007 and 2011, he led the chilled food manufacturing business for Greencore in the United States. This role involved overseeing large-scale production facilities and managing supply chain logistics for the North American food retail market.
Following this, he spent four years with the British private equity firm Terra Firma Capital Partners.
His experience within Irish state agencies includes a tenure as chief executive of Coillte from 2015 to 2019. As the head of the state-owned forestry agency, Leamy oversaw the management of approximately 440,000 hectares of land, which constitutes roughly 7 per cent of the land area of the Republic. His tenure involved managing the agency’s dual commercial and environmental mandate, which included the large-scale production of timber for the market alongside the implementation of national biodiversity and carbon sequestration targets.
Most recently, Leamy served as the chief executive of Glen Dimplex. His departure from the company was part of a structured leadership transition that began in early 2025.
The Glen Dimplex Succession
The transition at Glen Dimplex was initiated following Leamy’s decision to step down after six years with the business. On March 18, 2025, the Glen Dimplex Board appointed its Chairman, Fergal Naughton, as Group CEO. Naughton’s elevation to Group CEO was intended to provide leadership continuity as the company continues its focus on electrification and sustainable heating technologies. This transition follows a period of restructuring designed to reposition the group’s portfolio toward global energy transition markets.
To ensure stability during the handover, Leamy remained with the company in an advisory capacity through the autumn of 2025. Leamy indicated that his decision to move on followed the completion of much of the group’s transformation.
Over the last 6 years we have progressed a significant transformation of the group, built a really strong leadership team and positioned the business to maximise its growth potential as the energy transition gathers momentum.
Fergal Leamy, former Glen Dimplex CEO
Regulatory Oversight and Governance
Because An Post operates as a state-owned postal service group that also provides financial services, the appointment of a new chief executive is not solely a board decision. The selection is subject to final vetting and approval by the Central Bank.
The Central Bank regulates An Post in its capacity as a provider of financial services, ensuring that the leadership meets the necessary standards for the stability and integrity of the group’s financial operations. This regulatory layer adds a period of formal scrutiny to the recruitment process currently being conducted by the An Post board. The vetting process is conducted under the Fitness and Probity standards, which require that all individuals in ‘Pre-Approval Controlled Functions’ (PCFs) demonstrate the required competence, capability, and integrity. This assessment is a statutory requirement under the Central Bank Reform Act 2010, intended to mitigate operational and reputational risks within the financial services sector.