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An employee-owned fintech company based in Clonakilty, West Cork, will create 150 jobs, bringing total employment to more than 500 people.
Global Shares, which manages employee stock plans for some of the world’s best-known companies, says it is on track to achieve a $ 1 billion valuation by 2024.
Aisling Riordan is from Clonakilty in West Cork. After graduating in international marketing and languages from Dublin City University, Ms. Riordan spent almost a decade living and working in Cologne, Stockholm, London and Madrid.
He always wanted to go home, but never imagined that he would land his dream job in Clonakilty, five minutes from the farm where he grew up.
She joined Global Shares six years ago as Chief Marketing Officer. The company is based at West Cork Technology Park in Clonakilty.
“My daily commute home and to school takes about five minutes,” he told RTÉ News.
“It’s the best of both worlds to be able to stay close to your community, family and friends and enjoy a global career.
“And it all depends on the will and determination of the people here, the ones who built the tech park 20 years ago, the ones who keep reinventing Clonakilty to make it such an attractive place to live and then of course Tim and the team here”. at Global Shares who have built this company from the ground up, conquering the world from West Cork and winning. “
Tim is Tim Houstoun, CEO of Global Shares. She joined the company in 2008 to cover maternity leave and, under her leadership, Global Shares has become a world leader in its field with 370 employees and international offices in London, Barcelona, New Jersey, Hong Kong and Beijing. .
The key has been the development of a software platform through which Global Shares manages employee share plans for other companies.
Among them are some of the world’s best-known companies: L’Oreal, Bank of China, Krispy Kreme, Bosch, Bose, the Japanese information technology company Fujitsu and the giant American food company Cargill.
“I love that we are writing software in Clonakilty that is transforming the lives of people around the world,” said Houstoun.
“Our growth over the last two years has been tremendous, but for the next several years, we are aiming to be West Cork’s first Unicorn, a $ 1 billion company, and we are on track to achieve that.”
That, in itself, will reap its own rewards for the expanding workforce at Global Shares in Clonakilty and for the wider West Cork area.
Mr. Houstoun explained: “This is something that is exciting for many reasons, including the fact that as an employee-owned company, many of our employees will reap the rewards of the hard work they have put in over the years.
“People often ask how a company on the edge of Ireland, on the edge of Europe, could be successful on a global stage, competing with the world’s biggest financial services giants, but here we are. It’s amazing what it can do. achieve when you stand behind, think globally and empower your team to succeed. ”
Taoiseach Micheál Martin and Enterprise Ireland CEO Julie Sinnamon were among those who attended this afternoon’s announcement.
Martin described the growth of Global Shares as exceptional.
“The Global Shares story is remarkable, illustrating how from a small start a company can grow and develop a global footprint,” he said. “It is an inspiring example of what can be achieved through talent and ambition.
“At the heart of Global Shares are its people – this hard-working, determined and highly skilled workforce has driven the success and growth of the company.”
Julie Sinnamon from Enterprise Ireland said: “Global Shares is a world class company and a great example of what is possible for innovative Irish companies on the world stage.”
Global Shares is currently recruiting for positions in software development, compliance, cyber security, financial reporting, project management, and more.
It says it hopes to increase the number of employees globally to more than 1,000 by 2024.
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