Dr. Michael Dargan
Dr. Michael Dargan | |
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| Born | September 14, 1918 Ballivor, County Meath |
| Died | January 11, 2005 (aged 86) |
| Nationality | Irish |
| Citizenship | Ireland |
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Dr. Michael Dargan (born 14 September, 1918, died 11 January, 2005) was an Irish businessman and racehorse breeder. He began his career in the civil service before moving to work in Aviation with the Irish state airline Aer Lingus, where he was CEO from 1967 to 1974.
Career
Beginning his career in the Irish Civil Service he spent 10 years working in the Department of Posts and Telegraphs.
He decided to leave the civil service in 1947 where he joined as the company personnel officer and was appointed the staff and services manager a year later. By 1960 he was in charge of commercial operations. During this time he turned around the previously loss making North American division and moved the company to diversify into new commercial areas such as computer services. [1]
After retiring from Aer Lingus, he became chairman of the Fitzwilton Group at the request of the group's bankers where he reduced the debt of the group from £26m to £5m within a year. The debt reduction required the sale and closure of certain assets that was not popular with many of the group's stakeholders. [2]
Early life
Dr. Dargan was born in Ballivor Ireland, on the 14th of September 1918. He was the eldest child of Peter Dargan and Gretta (née O'Connor). He attended the local Patrician Brothers school at Ballyfin.
Contributions to the Equine Industry
Dr. Dargan was a respected horse breeder, notable for breeding Flaming Rock, South Africa's Horse of the year in 1991.[3] He was senior steward of the Turf Club and also Chairman of Goff's Bloodstock Sales, where he had notable clashes with the Goff's CEO Jonathan Irwin.[4]
Irish Management Institute
Along with several other businessmen, Dr. Dargan was critical in establishing the Irish Management Institute in 1952.[5]
References
- ↑ "Former chairman of Aer Lingus and CRH dies". 13 January 2005. Retrieved 13 July 2020.
- ↑ "Pioneer of IMI and the new science of management". 15 January 2005. Retrieved 13 July 2020.
- ↑ Anthony, Mark (4 July 2018). "JULY TEN BEST WINNERS NO. 9 FLAMING ROCK". Retrieved 13 July 2020.
- ↑ Freeman (27 January 2005). "Lessons of Michael Dargan's career". Retrieved 13 July 2020.
- ↑ "Pioneer of IMI and the new science of management". 15 January 2005. Retrieved 13 July 2020.
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