Bobby Kerr is set to leave Insomnia, having led the coffee company for many years, and has agreed the sale of his shares to the other shareholders in the business.
Founded 20 years ago in a bookshop in Galway, Insomnia is the 15th largest coffee shop brand in Europe. It now has 150 stores across Ireland and the UK.
Kerr spent much of the past two decades as CEO of Insomnia, before moving into the role of chairman in 2010.
Commenting on his departure, Kerr said, “This is a very bittersweet day for me, Insomnia has been such a big part of my life for nearly two decades and I am very proud of what I achieved here.
“I will miss the work and the people many of whom I have formed lifelong friendships with. However, I look forward to the next chapter for me and my family.”
Kerr will now be focusing on his broadcasting career, and will be continuing as a weekend anchor on Newstalk 106-108FM, where he presents two shows.
In the New Year he will also begin filming the second series of Along Home Shores.
He also plans to ‘step up his activity in angel Investments’, and hopes that non-executive board participation which will allow him ‘to fulfil his passion to help small businesses’.
Kerr’s departure will see some changes in Insomnia’s senior management team.
John Clohisey will become Chairman, while the current CFO Barry Kehoe has joined the Board of Directors. Dara O’Flynn also joined as COO in December.
“We wish Bobby every success with his future endeavours and thank him for his service and hard work in growing the Insomnia brand,” said CEO Harry O’ Kelly.
© 2017 - Checkout Magazine by Jenny Whelan