Irish property developer Ballymore said on Friday it expects 45 to 50 people to exit the company in 2008 following an 'extensive business review' aimed at increasing the firm's international focus. The company also announced a management reshuffle, with founder Sean Mulryan stepping down as CEO to take up the position of executive chairman in charge of identifying 'new opportunities'. David Brophy, the current COO, has been appointed CEO with immediate effect, Ballymore said.
Premium subscriber content – please log in to read more or take a free trial.
