Latest news with #youngestPresident
BreakingNews.ie
4 days ago
- Business
- BreakingNews.ie
Who is Gareth Sheridan? The former CEO who wants to be President
As the race for the Presidential election heats up, one name that has made his intentions known this week is Gareth Sheridan. The former CEO of US-based company Nutriband, the 35-year-old would become the youngest ever president if he was to be elected. Advertisement The multi-millionaire is seeking the nomination from local authorities, and said he has been speaking to local authorities over the last number of months. He needs the support of four local authorities to get on the ballot paper. Mr Sheridan has previously said he wants to 'put manners' on the largest pharmaceutical companies in the US Nutriband developed a system to change the way patches of painkillers, such as fentanyl and other opiates, work to reduce abuse and prevent risk of accidental exposure. Advertisement Nutriban is quoted on the Nasdaq exchange in New York with a valuation of some $80 million. In a statement, Mr Sheridan confirmed he would step down from his role with the company to seek a presidential nomination. 'I confirm that I am seeking a nomination to contest this October's Presidential Election, hoping to be the youngest ever candidate for that office, turning 36 in two weeks,' his statement said. He has says his age is important for the presidency. Advertisement 'I believe there has never been a time in our country's history where the choice of a younger candidate being on the ballot paper has been more relevant or important than today." Depsite only announcing his campaign, there have already been several revelations about Mr Sheridan. In 2018, he was fined by the Security and Exchange Commission (SEC) in the United States for making misleading statements about his company . Alongside co-founder Serguei Melnik, the only two employees at the time, they agreed to pay fines of $25,000 each. The Irish Times also reported that Mr Melnik was involved in a major controversy in 2019 over the privatisation of Air Moldova and possible links to Russian oligarchs. Mr Sheridan also revealed former presedential candidate Sean Gallagher, who came second in 2011, resigned from his role as chairman of Nutirband in January 2022 when communications broke down over a change in corporate structure. So far, only Fine Gael's Maired McGuinness and Independent TD Catherine Connolly have been confirmed as candidates. As of now, it is uncertain if Sinn Féin and Fianna Fáil will run candidates.
BreakingNews.ie
11-08-2025
- Business
- BreakingNews.ie
Nutriband CEO Gareth Sheridan, 35, enters presidential race
A 35-year-old businessman is aiming to become the youngest ever Irish president. Gareth Sheridan, founder and former CEO of US-based company Nutriband, announced his candidancy on social media on Sunday. Advertisement The multi-millionaire is seeking the nomination from local authorities. Mr Sheridan said he has been speaking to local authorities over the last number of months. He told Newstalk: "Right now I'm very confident that we have at least the necessary four local authorities to contest the upcoming election. "We're in a situation now where the country has just become so divided. I think the overwhelming sense of division there is that there's a feeling of under-representation for a whole segment of the population. Advertisement "That's really people under the age of 40 who are condemned to a life of exorbitant rents of emigration." Nutriban is quoted on the Nasdaq exchange in New York with a valuation of some $80 million. In a statement, Mr Sheridan confirmed he would step down from his role with the company to seek a presidential nomination. 'I confirm that I am seeking a nomination to contest this October's Presidential Election, hoping to be the youngest ever candidate for that office, turning 36 in two weeks,' his statement said. Advertisement 'I believe there has never been a time in our country's history where the choice of a younger candidate being on the ballot paper has been more relevant or important than today. Ireland I do not think McGregor is fit to be president of... Read More 'There have been suggestions recently that some political parties may try to block candidates seeking such local authority nominations,' Mr Sheridan said in his statement. 'I expect the main parties to respect Article 12.2.2. of Bunreacht na hÉireann and to allow their duly elected local authority councillors to fulfil their obligation under the Constitution. 'Remember, it is the people of Ireland who elect their President, and not the people of Leinster House. The purpose of Article 12.2.2, as enshrined in our Constitution, is that a candidate from outside the political establishment can seek a nomination – as I am doing.' Mr Sheridan will outline his platform at a press conference in Dublin on Sunday.
