Cairn Homes plc has announced that, following a comprehensive recruitment process, it has appointed Richard Ball as chief financial officer (CFO)
Ball succeeds Shane Doherty as CFO and will take up the post on 10 April 2024, also joining the board as an executive director at the annual general meeting (AGM) on 10 May 2024.
Shane Doherty announced his intention to step down as CFO in October 2023, agreeing to remain on the board to support the transition to his successor.
About Richard Ball
Richard Ball has over 18 years of experience in the Irish property market, with extensive expertise in finance, capital markets, sustainability and investment.
He joins from Urbeo Residential, one of Ireland’s leading residential property businesses, where he was a partner responsible for all finance and investment functions of the business. Before that, he served as chief investment officer at Hibernia REIT plc for a period of five years from its IPO.
Ball previously held several corporate finance roles at various organisations, including commercial property company Clancourt Group.
He is a Fellow of Chartered Accountants Ireland, holds a Master of Accountancy from University College Dublin and a BSc (Business Management) from Trinity College Dublin.
John Reynolds, Chairman, Cairn, said”: “We are delighted to be appointing a high calibre candidate in Richard Ball as CFO. His deep experience in residential and other property sectors, in roles that cover finance, capital markets and sustainability, will be invaluable, given the company’s momentum and trajectory, as we continue to focus on driving shareholder value. We look forward to welcoming him in April.
“We would also like to again recognise Shane Doherty’s very significant contribution to Cairn and thank him for his commitment to stay in his role as part of an orderly transition to his successor.”
Richard Ball said”: “I am excited by the opportunity to join Ireland’s leading homebuilder with an ambitious vision for the future. I look forward to joining Michael and the team to continue to deliver on their strategy of increasing the supply of high-quality, sustainable family homes in Ireland.”