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FINEOS Announces New Board Appointment to Support Global Expansion

FINEOS Announces New Board Appointment to Support Global Expansion

Seán Dorgan joins FINEOS Board as non-executive Director

FINEOS Corporation, aglobal providerof innovative enterprise software solutions for insurance, bancassurance, and government, today announced the appointment of former Chief Executive of the Irish Development Authority (IDA), Seán Dorgan, as a non-executive Director to the FINEOS Board. Mr Dorgan’s appointment further strengthens the FINEOS Board by providing vision and insight to the company as it continues to expand in line with its growth plan.

Mr Dorgan brings with him a wealth of skills and experience to the role. As Chief Executive of IDA Ireland for nine years, he was instrumental in winning numerous investments for Ireland from world leading companies in financial services, software, digital media, ICT and the life sciences. He is currently Chairman of the Governing Body of the Dublin Institute of Technology and of the recently appointed Independent Body on Pharmacy Contract Pricing in Ireland. Mr Dorgan is also a non-executive Director of FBD Holdings plc and of Short Brothers plc in Northern Ireland. Earlier in his career, he was Secretary General of two Government Departments and CEO of the Institute of Chartered Accountants in Ireland.

Michael Kelly, CEO of FINEOS, welcomed the appointment. “Seán’s background in government as well as his considerable business acumen, coupled with his understanding of the technology and business environment makes him an important addition to the FINEOS Board. I look forward to working alongside Seán and welcome his contribution to FINEOS.”

Commenting on his new role at FINEOS, Mr Dorgan added, “I am delighted to join the Board of FINEOS Corporation which has established a worldwide reputation for the quality of its innovative enterprise software solutions for insurance. The company is one of the great success stories of software in Ireland and it has ambitions and plans to grow strongly from its current profitable base. I look forward to working closely with CEO Michael Kelly and his highly talented team to achieve this.”

The appointment coincides with the departure of James McNaught Davis from the FINEOS Board.  A former director of Warburg Pincus, McNaught Davis has been a non-executive Director of FINEOS since 2001.  He leaves to devote more time to his new role as CEO of Wheb Ventures in the UK.  “We wish James the very best in his new role.  He has been a great support in helping us to mature as a business over the past 6 years”, said Michael Kelly.

FINEOS will now look to appoint a non-executive Director to the FINEOS Board from the North American Region.

Seán Dorgan Biography

Sean Dorgan was Chief Executive of IDA Ireland for nine years from 1999 to 2007 inclusive. In this time he led the organisation to continued success as one of the world’s leading inward investment agencies, positioning Ireland to win many high-value new investments against global competition. IDA’s recent successes have included leading positions in Information & Communications Technologies and Digital Media (with companies such as Dell, HP, IBM, Intel, Microsoft, Google), Life Sciences (Abbott Laboratories, Johnson & Johnson, Pfizer among many others), and Financial Services (Citibank, Merrill Lynch, Goldman Sachs and numerous others).

As well as being a non-executive Director at FINEOS Corporation, Mr Dorgan is Chairman of the Governing Body of Dublin Institute of Technology and also a non-executive Director of

  • FBD Holdings plc (Insurance, hotel, leisure and other interests),
  • Short Brothers plc (Northern Ireland subsidiary of Bombardier of Canada, the world’s third largest civil aviation manufacturer).

He was recently made a member of the Boards of

  • Forfás – the policy advisory Board for enterprise and science, technology and innovation in Ireland,
  • the Institute of Public Administration, and
  • the Digital Hub Development Agency.

Mr Dorgan has been Chairman of the Advisory Board for the Institute of Public Administration Public Service 2022 project, and he continues as a member of the National Advisory Panel for FuturesIreland and of the Advisory Board for Forfas Socio-Economic Scenarios, all of which are examining aspects of Ireland’s future.