Mick Guinee to Step Down as CEO of Ei Electronics
Ei Electronics, Shannon, one of Ireland’s most successful indigenous companies, today announced that Mick Guinee, Founder and long-serving CEO will step down as Chief Executive Officer, effective 31st March 2025. While stepping down as CEO, Mick is not stepping away from the business—he remains as Chairman of the Board and will be actively involved in the future strategic direction of the Company.
Originally appointed as Managing Director of the GE owned EI Company in April 1983, Mick led a Management Buyout and established Ei Electronics, as a fully owned Irish Company in March 1988. Under his visionary leadership, Ei Electronics has grown from a fledgling enterprise into a world-class organisation, renowned for its innovative technology, quality and manufacturing excellence in fire and home life safety products. World-wide sales exceed €420m and Group employment totals 1,250 of which 1,000 are in Shannon. There are subsidiaries in the UK, Germany, France, the USA and Australia. It is an exemplar Irish company, achieving international scale while maintaining manufacturing in Ireland.
Reflecting on his time as CEO, Guinee stated: “I am proud of my role in establishing and growing such a successful Irish company. It has been an honour and privilege to lead a dedicated and skilled team of people. There were many challenges along the way, but we had the grit, the vision and above all the skilled workforce to succeed. At the heart of our success has been our commitment to our core values of Quality, Integrity and Respect. And in addition to the jobs, we have benefitted the community by supporting educational, sporting, cultural and charitable activities. Above all, It is very rewarding to be manufacturing life-safety products which have safeguarded lives in millions of homes, world-wide.“
Ei Electronics, non-executive Director, Con Quigley commented: “Mick’s contribution to Ei Electronics and Irish Industry cannot be overstated. His vision, leadership and tireless dedication have made Ei a global success. And in his continuing capacity of Board Chairman, the company will continue to benefit from his strategic leadership.”
The Ei Board of Directors will shortly announce Mick’s successor, ensuring a smooth transition that will continue the Company’s legacy of excellence.
Ei Electronics, headquartered in Shannon, Co. Clare is a 100% Irish owned multinational, a global leader in fire and home life safety products from its Shannon manufacturing base.
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