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CEO Message

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Mike Quinn, CEO Message

It is Bord na Móna’s plan to become number one in the markets in which we operate. This means we plan to become the number one provider of energy, the leading supplier of biomass, also in renewable home heating, we plan to be number one in retail growing media, and on a global scale for professional horticulture, and finally it is our aim to become number one in landfill backend operations.

Orange YouTube iconGrey YouTube icon

Mike Quinn, CEO Message

It is Bord na Móna’s plan to become number one in the markets in which we operate. This means we plan to become the number one provider of energy, the leading supplier of biomass, also in renewable home heating, we plan to be number one in retail growing media, and on a global scale for professional horticulture, and finally it is our aim to become number one in landfill backend operations.

Having spent time in leadership roles across a number of multinational companies like Apple and Precision Castparts (PCC), Mike Quinn took up his position in Bord na Móna as CEO in January 2015

Mike Quinn, CEO of Bord na Móna
I came to work at Bord na Móna because I saw an opportunity to make a difference to the company, and to the country I wanted to live in. I have never stood still, and I have always enjoyed the challenge of learning and building successful companies.  I came back to make a difference, to bring back fresh perspective and new approaches to reach world class success – not to settle down.

Since my appointment by the Board, I have undertaken a significant review of each of the businesses. I have made changes to the operational structure of the Group in order to streamline our business units. I did this to ensure they are best placed to deliver on our strategic objectives.

Our intent is to optimise growth in order to become the leading player in every market where we operate. The plans that I have outlined will deliver long-term sustainable business up to 2030 and beyond. This plan is underpinned by the following areas of focus; Growth, Human Capital, Sustainability, Market Leadership, and Bord na Móna’s Joint Venture with Coillte.

Transformation

Our transformation will be driven from the land bank that inspires and supports all our activities – we will not be moving away from the bogs.  Our job has always been to unlock the true potential of our land and to create value for the society to whom it belongs.  By transforming how we operate today, in all areas of the business, we will become the leader in providing sustainable options for Irish consumers.  We will increase turnover to over three quarters of a billion euros (800 million euro) and reduce carbon emissions by half of their current levels, all achieved while doubling our operating profits by 2021. We will not stop there, we plan on becoming a billion euro company and continue to radically decrease our carbon footprint by 2030.

Challenges and Change

Building a long term sustainable future for the company will not be easy. Bord na Móna currently faces significant challenges, both in the immediate term, and over the next number of years.

Change is neither popular nor easy in any organisation. For many, the term Transformation is something that is only associated with Bord na Móna’s Peat business. However, change is not confined to just one area. For example, Fuels and Horticulture are facing big challenges from carbon tax and an unfairly structured fuels market. Powergen faces challenges around planning and regulation. Resource Recovery operate in an increasingly competitive and regulated industry. An essential element of continued success in the face of these challenges will be a willingness by all employees to embrace the need for continuous change and improvement.

It has been said, the secret of change is to focus all of your energy, not on fighting the old, but on building the new. It is my primary focus to transform Bord na Móna and build a sustainable business out to 2030 and beyond.

Our Plan

Our plan is to create a larger vision about what Bord na Móna can achieve and deliver.  Our plan has at its core the land and resources we can continue to develop but also our experience, connections and reputation to create new resources.  We have the advantage of a company that is wide and deep.  We have the advantage of controlling our value chain from start to finish.

In power generation, it is our aim that Bord na Móna will become the number one renewable energy supplier on the island of Ireland by 2030, and not just in wind. There are also significant opportunities in biomass, solar, landfill gas, and waste to energy which can enable the company to become a portfolio player in energy.

I intend to oversee a significant increase Bord na Móna’s use of biomass. The company is already the largest user of biomass in Ireland, consuming 320,000 tonnes in 2015. In addition to the dilution of peat with biomass for power generation, the company is developing a biomass briquette for the fuels side of the business. Also, Bord na Móna recently applied for planning permission for an ovoid smokeless fuel plant in Foynes, Limerick for the manufacture of lower carbon fuels.

People have not always seen the full extent of our activities, our achievements or our future potential. But now we want people to see and share our new vision. I look forward to the coming years, and to building a long term sustainable future for Bord na Móna and the people we serve.

About Mike Quinn

Mike-Quinn-Bord-na-MonaMike lived in Coventry until he was 10 when his family moved, first to Meath, and then to Limerick. He holds a degree in Physics and Electronics from Dublin City University and a postgraduate qualification in Project Management from the University of Limerick. He also studied advanced Leadership programmes at both Cranfield University and the Ross School of Business in the University of Michigan. More recently, after spending ten years working in the United States, Mike returned to Limerick in 2014 where he lives with his family.

Before he joined Bord na Móna, Mike was Vice President of Precision Castparts (PCC) a worldwide group of 5 companies, headquartered in the United States. Mike’s division included nine manufacturing centres, with a turnover of €0.5 billion and 3000 employees. Prior to joining PCC, Mike held various senior management positions in Tellabs, Stryker and Lufthansa Tecknik.