News

20th June 2017

Mark FitzGerald to step down as CEO but remain Chairman of Sherry FitzGerald Group

Sherry FitzGerald Group have today announced that Mark FitzGerald is to step down as Chief Executive of the company but will remain as Chairman. He has spent over 40 years in the property industry.

Mark founded Sherry FitzGerald, along with partners, in 1982 when he was appointed Managing Director at the age of 25.

He negotiated the company’s commercial property link with the international firm of DTZ Holdings (now Cushman & Wakefield), as well as leading innovation in the Irish estate agency industry through the franchising of Sherry FitzGerald in the late 1990s.

In 2001, he led the creation of MyHome.ie, which was subsequently sold in 2006.  In 2005, he successfully led the diversification of Sherry FitzGerald into the London residential market through the acquisition of the long-established business of Marsh & Parsons.  In the following six years, he dedicated much of his time to helping develop this business and was involved in the successful sale of Marsh & Parsons in late 2011. 

Since the 1990s Mark has pioneered and supported research into the Irish housing market and was instrumental in setting up the Sherry FitzGerald House Price Index in 1996.

Mark is currently a non-executive director of Tedcastle’s and a former chairman of Bord Iascaigh Mhara.

He was awarded the International Philanthropist of the Year award in 2011 for his charity work in setting up Amawele, a school twinning charity between Ireland and South Africa, with over 100 schools now participating throughout the country.

Mark was the national director of elections for Fine Gael in the 1997 general election and is a former trustee of the party. 

Commenting on the announcement Mark said “Steven is a great appointment as he has that unique balance of strategic, operational, and people skills. He is also smart, calm, clear, and a really decent person.”

In early 2008, Steven joined Sherry FitzGerald Group as Financial Controller of the residential business. In 2010, he was promoted to Group Financial Controller.

Two years later, Steven was promoted to Group Finance Director where he has worked very closely with Mark FitzGerald and the management team in re-positioning the company for a recovering economy. Since then the Group’s turnover has more than doubled to €37.3m in 2016 (2012: €16.3m) with steady profits delivered year-on-year. During this period, Sherry FitzGerald expanded their network by opening offices in Blackrock, Rathmines, Sandymount and Sundrive, and acquired offices in Galway, Limerick and Foxrock.

In 2016, the Group successfully rebranded its commercial business to global giants Cushman & Wakefield - a deal Steven was heavily involved in. Cushman & Wakefield employs over 45,000 people across 300 offices in 70 countries. 

Steven (39), originally from Galway, trained and qualified as a Chartered Certified Accountant with EY and holds a Masters in Business Practice from UCC.  He is married with two children and living in Dublin.

Steven is to be appointed Chief Executive Officer of Sherry FitzGerald Group from the 1st July 2017.

Sherry FitzGerald Group now employs 388 people, up from 200 people in 2012.

ENDS

For Further Information Contact:

Jill O’Neill

Communications Director

Sherry FitzGerald Group

Telephone 086 252277

jill.oneill@sherryfitz.ie