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In 2010, Philip Lynch was paid €1.4m including a bonus as chief executive of One51 plc. A shareholder revolt ensued at the company's AGM in July. Rebel shareholders led by Gerry Killen, Alf Smiddy, Mike Soden and Peter
Brennan, criticised Lynch's remuneration in a year in which the company reported a
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In 2010, Lynch met the
Crumlin Hospital Foundation to discuss the possibility of relocating the new hospital to the Crumlin Hospital site. He also met with property developer Noel Smyth to discuss relocating the hospital to a site outside the M50 owned by Smyth. When Lynch sought to present to the
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From 2004, Lynch worked for Heiton Group plc and C&C Group plc, the former of which he was a non-executive director as well as a
Nominations Committee member and Remuneration Committee member. For C&C Group plc., he was the non-executive director, a subcommittee chairman, a chairman of the
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After 1995, he formerly served as the
Independent non-executive director, a member of the Nomination Committee and a member of the Remuneration Committee for FBD Holdings plc., and was the non-executive director and director of Irish food marketing for Irish Life & Permanent Group Holdings plc
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In March 2011, after a new health minister was appointed following a general election, Lynch went on radio to argue that the a city centre location for the new hospital would be inaccessible and have parking difficulties. He said that the "people who designed the
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board a proposal to build the new hospital on Smyth's land, he was obliged to resign his position by Mary Harney. He was replaced as chairman by businessman John
Gallagher.
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28:(born 1946) is an Irish businessman who was chief executive at two Irish public limited companies and multiple senior directorships, including chairman of the board at
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in Dublin's city centre. The new hospital would merge the secondary and tertiary care functions of three existing children's hospitals in Dublin:
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293:"Minister for Health and Children announces resignation of Chairman of the National Paediatric Hospital Development Board"
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84:, the chief executive officer and Executive Director for One51 plc, and as the director for Irish Pride Bakeries Ltd.
140:, when that was agreed on, everything was going to happen outside of that" and described the city centre as a '
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as chairman of the
National Paediatric Hospital Development Board. This was to be a €650m project to build
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267:"Minister appoints Chairman-Designate of the National Paediatric Hospital Development Board"
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144:'. He described the decision to locate the hospital in the city centre as "political".
358:"One51 chief sees off bid by rebel investors to gain seats on board – Irish, Business"
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In March 2011, a court hearing was held in relation to an unpaid loan of €25m owed to
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32:. In October 2010, he was forced by the Irish minister for health at the time,
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191:"Thu, Oct 14, 2010 – Developer met children's hospital chief on site move"
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by Lynch, his wife and four children. The loan was secured on land in
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381:"Philip Lynch 'wowed' by prospect of €19m profit – Irish, Business"
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241:"Philip Lynch: Executive Profile & Biography – Businessweek"
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in County
Limerick and studied accountancy and economics at
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Remuneration
Committee, and a Nomination Committee member.
213:"Esoc – University College Cork Entrepreneurship Society"
169:. In his defence, Lynch said that the loan was made on a
100:In 2007, he was appointed by Minister for Health,
76:Lynch formerly served as the chief executive of
344:Children's hospital site 'a political decision'
153:loss of €11m and challenged his reappointment.
319:"RTÉ.ie Radio 1: Morning Ireland Media Player"
80:, a non executive director for Aryzta AG and
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243:. Investing.businessweek.com. Archived from
118:Temple Street Children's University Hospital
433:Alumni of Waterford Institute of Technology
40:from Dublin city centre to a site near the
295:. Dohc.ie. 7 October 2010. Archived from
269:. Dohc.ie. 8 March 2007. Archived from
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114:Our Lady's Children's Hospital, Crumlin
110:Mater Misericordiae University Hospital
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66:Waterford Regional Technical College
16:For the Australian politician, see
193:. The Irish Times. 10 October 2010
106:a new national children's hospital
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383:. Independent.ie. Archived from
423:Businesspeople from County Cork
96:Children's hospital controversy
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38:new Irish children's hospital
122:National Children's Hospital
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157:Court case over bank loan
321:. RTÉ.ie. Archived from
148:One51 shareholder revolt
48:Background and education
428:Irish chief executives
88:from 2003 to 2005.
82:Hiestand Holding AG
325:on 3 November 2012
247:on 11 October 2012
163:Allied Irish Banks
52:Lynch was born at
126:Tallaght Hospital
62:Copsewood College
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42:M50 motorway
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413:1946 births
391:22 December
364:22 December
346:Irish Times
329:22 December
303:22 December
277:22 December
251:22 December
219:22 December
197:22 December
102:Mary Harney
58:County Cork
54:Innishannon
34:Mary Harney
407:Categories
177:References
142:cul-de-sac
120:; and the
167:Waterford
215:. Ucc.ie
173:basis.
30:An Post
393:2012
366:2012
331:2012
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138:M50
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