Announcement by the Utility Regulator

The Chief Executive of the Utility Regulator, Shane Lynch, has notified the Board of his intention to leave the organisation at the end of October.

Mr Lynch said:
“The autumn will mark the end of my fourth year with the Utility Regulator.  Before my departure, I hope to have substantially delivered on the objectives of our corporate strategy, including making a full contribution to the Competition Commission’s determination of the NIE price control.  I also want to allow enough time for my successor to participate in the formulation of our next 5-year corporate strategy, effective from April 2014”. 

“It has been a privilege to lead the work of the Utility Regulator and I hope that the changes made during my tenure will serve customers well in the future. Nothing would have been possible without the dedication and skill of everyone who works at the Utility Regulator, and the support from past and present board members.  I am also grateful for the support from other stakeholders including the regulated companies”.

Bill Emery, Chairman of the Utility Regulator, said:
“On behalf of the Board I would like to thank Shane for his work in guiding the Utility Regulator as CEO and for all that he has achieved over the last four years. Building on his previous industry experience, Shane has brought a valuable focus on transparency, accountability and delivery to our organisation. We wish Shane well for the future”. 

The process to recruit Mr Lynch’s successor will begin shortly .

ENDS

UR contact: Greg Irwin: 07794965911