Fran Rooney, former CEO of Baltimore Technologies and FAI, has died – The Irish Times

Businessman Fran Rooney, who took Baltimore Technologies to a multi-billion-dollar valuation during the dot-com boom at the turn of this century and went on to run the FAI in the aftermath of the 2002 World Cup, has died.

Rooney died on Monday, according to a notice posted on RIP.ie. She was 67 years old. Her funeral will take place on Friday.

Rooney, an accountant by training, worked in various government departments and the National Irish Bank, before founding Meridian International, a VAT processing company. Together with a group of investors, he bought Baltimore Technologies for the equivalent of about 381,000 euros in 1996.

The acquisition coincided with the beginning of the Internet-related business boom, and as a data security business, Baltimore was in high demand. Rapidly expanding, Baltimore was listed on New York’s Nasdaq in 1999. Amid the turmoil of what would later be called the Internet bubble, the company’s market capitalization soared to more than $13 billion before collapse when the bubble burst throughout the sector. Rooney stepped down as chief executive in 2001.

An accomplished footballer, Rooney played for Home Farm, Shamrock Rovers, St Patrick’s Athletic and Bohemians before turning to the business. He became chief executive of the FAI in 2003, partly to implement the conclusions of the Genesis report commissioned in the wake of the Saipan saga a year earlier, when Roy Keane left the team in the run-up to the World Cup in Japan after a fight. with manager Mick McCarthy. Rooney left the association in 2004.

He will be moved to the Church of Our Lady Mother of the Church, Castleknock, on Friday morning and arrive for the Requiem Mass at 11am, followed by cremation at Newlands Cross Crematorium.