Medray Imaging Systems Limited (‘Medray’) wishes to announce that Aidan O’Reilly has informed the company that he will step down from his role as Group CEO. Aidan will continue to provide advice to Medray as a Senior Advisor as it continues its strong growth into the future under new leadership.
Siobhan Crowley, Sales Director and long-time Medray executive, will assume the role of Managing Director of Medray.
Aidan O’Reilly said “I am very proud of all that I have achieved with Medray, it was always a goal of mine to create a start-up company and build it to become a leading international business in its field, and to that end, I have achieved my aims and it is now time for me to step back from my executive responsibilities in the industry. I owe a huge debt of thanks to the fantastic team at Medray in Ireland, the UK and more recently in Romania. Also, I would like to thank our wonderful customers and business partners for their enduring loyalty over the last 20 years. I would like to wish Erisbeg every success as they support Medray’s ambitious growth and development strategy”.
Thomas Davy, Chairman of Medray said “On behalf of Erisbeg, I would like to congratulate Aidan O’Reilly on the hugely exciting and attractive business that he has built from the ground up. We are delighted that Aidan has agreed to offer his support and advice going forward and we are delighted that Siobhan Crowley will succeed him as leader of the business.”
Founded in 1979, Medray is a leading provider of equipment, supplies and consumables to clients in the Healthcare sector in Ireland and the UK across radiology, dental and other business lines.
Erisbeg is a growth capital investor headquartered in Ireland, focused on high performing service businesses with international growth potential. Erisbeg acquired a majority of Medray in 2019. Erisbeg supported Medray’s acquisition of the United Kingdom service business of Carestream Inc., a transaction which closed in May 2020.