Why does CEO Gareth Sheridan aim to be interred in the Áras for a period of seven years?
In a surprising turn of events, Gareth Sheridan, the CEO of Nasdaq-listed company Nutriband, has announced his intention to run for President of Ireland. Sheridan's candidacy, marked by his youth and lack of political experience, is expected to bring an interesting dynamic to the upcoming election.
Sheridan's presidential term, should he be elected, would span seven years. His manifesto is centered around "pragmatic politics" and common sense, with a particular emphasis on addressing the housing crisis in Ireland.
The CEO, who has been working on his presidential campaign for over a year, has been engaging in face-to-face meetings with councillors to secure his nomination. His campaign follows the 2011 candidacy of businessman Sean Gallagher, who nearly became president as an Independent.
Nutriband, a company Sheridan co-founded, is currently in expansion mode and is on track to become a billion-dollar business. The company's first big product, an abuse-deterrent technology with the FDA-approved fentanyl patch, will be rolled out once the company receives FDA approval.
Sheridan has referred to the presidency as a figurehead role, acknowledging the limitations of the position. He has stated that his youth makes him a suitable candidate to keep housing issues at the forefront of the narrative.
In 1937, Eamon de Valera, then President of Ireland, referred to the role and powers of the President as requiring "the exercise of a wise discretion". Nearly 20 years before the May 2015 proposal, an Oireachtas joint committee had recommended a reduction of the presidential candidacy age to 18. However, the outcome of Sheridan's presidential nomination is not certain.
Sheridan's life story is detailed in his book, "From No to Nasdaq", which chronicles his journey from a Terenure teenager to the co-founder and CEO of Nutriband. He has claimed that he received no advice from Sean Gallagher, who served as Nutriband's president for four years, during his campaign.
The second proposal put to Irish voters in May 2015, alongside the same-sex marriage referendum, was the Repeal of the Eighth Amendment of the Constitution, which related to abortion rights. However, this proposal is not supported by the provided search results.
Sheridan's candidacy may reveal interesting insights not only about the man himself but also about Ireland and its political landscape. As the campaign unfolds, it will be fascinating to see how Sheridan's pragmatic approach to politics and focus on housing resonate with the Irish electorate.
Sheridan's pragmatic approach to politics in his presidential campaign, focused on addressing the housing crisis in Ireland, could potentially shift the dynamics of the business landscape, especially considering his role as the CEO of a Nasdaq-listed company and the anticipated expansion of his technology company, Nutriband.
The unconventional entry of Sheridan, an entrepreneur with limited political experience, into politics may spark discussions about the interplay between finance, entrepreneurship, and politics in Ireland's general news sphere, providing an opportunity for fresh perspectives and innovative solutions.
