The Minister has ruled out approving Jacobs's DAA exit package. An exit package had been agreed between the DAA and Mr Jacobs in mid-September, which would have seen him leave the role in January. However, Mr O’Brien refused to approve the deal, saying instead that the board and Mr Jacobs should pursue reconciliation. Mr O’Brien said he would not reconsider approving the exit deal, adding that it’s “not about the cost”. One figure familiar with that encounter described “robust” engagements with Mr Jacobs and his legal representative.

Source: The Irish Times December 24, 2025 11:51 UTC