Sherry FitzGerald CEO Steven McKenna to leave firm to ‘explore new opportunities’

McKenna has led the estate agent for nearly eight years having joined the company in 2008

Steven McKenna steps down as chief executive of Sherry FitzGerald Group in February. Photograph: Dara Mac Dónaill
Steven McKenna steps down as chief executive of Sherry FitzGerald Group in February. Photograph: Dara Mac Dónaill

Steven McKenna has announced his decision to step down as chief executive of Sherry FitzGerald Group, Ireland’s biggest estate agent, at the end of next February 2025. He has been at the helm for nearly eight years and been with the company since 2008, having previously held the role of chief financial officer.

Staff were informed of his decision on Monday. In a statement, Mr McKenna, who is 47, said he wanted to “explore new opportunities” in his career. No replacement has yet been chosen for the role.

Mr McKenna has played a key role in the evolution of Sherry FitzGerald, including its sale in 2022 to CastleGate Investments – a Tommy Kelly-backed family fund. Under his leadership, Sherry FitzGerald launched its online customer platform mySherryFitz in 2018, sold its commercial property business to Cushman & Wakefield Global, and expanded its network into Northern Ireland through the acquisition of Simon Brien Residential.

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In October, the group reported double-digit revenue growth projected to reach €42 million in the current financial year, up from €35 million in 2023.

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Reflecting on his tenure, Mr McKenna said, “It has been an incredible privilege to lead Sherry FitzGerald and to work alongside such a talented and passionate team. Having accomplished the goals we set out for the business, and with the group in such a strong position, I feel now is the right time for me to explore new opportunities.”

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Mr McKenna will continue as chief executive until the end of February 2025 to assist in the transition for the business.

Sherry Fitz chair Anne Heraty thanked Mr McKenna for his work with the business. “His vision and commitment have been instrumental in transforming and shaping the company’s success, and we wish him the very best in his future endeavours.”

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Ciarán Hancock

Ciarán Hancock

Ciarán Hancock is Business Editor of The Irish Times