Danny Murray retires as CEO of Topaz
Murray steps down after fours years as Topaz CEO and former Statoil retail VP in Europe, Eddie O'Brien steps up for the job
9 March 2009
Topaz has announced that chief executive Danny Murray will retire on 31 March next, having taken on the role some four years ago. Murray was appointed CEO just prior to the then newly created Topaz’ acquisition of Shell in June 2005. Murray will be succeeded as CEO by present chief finance officer, Eddie O’Brien, which company chairman Neil O’Leary confirmed
Following the 2005 Shell transaction, Murray guided Topaz through its acquisition of Irish Fuels and the convenience store business of Statoil, to create the largest fuels business in the country and one of the largest networks of convenience stores. As part of this process, Murray also led the rebranding of the network under the Topaz banner, described by the company as “one of the largest marketing exercises ever undertaken in Ireland.”
Speaking on the occasion of the announcement, Murray said that he feels it is now time to move on and leave the business for the next generation of managers. Eddie O’Brien has held some of the most senior positions in the European fuels sector, including vice president finance and vice president retail operations within Statoil Hydro ASA (Energy and Retail Europe). O’Brien also held senior management roles within Statoil Ireland, which he joined in 1995.