His High Court action against the organisation was settled yesterday.
Mr O’Shea later said that “helping the downtrodden, the deprived and the destitute was an honour and a privilege”.
Mr O’Shea had gone to court to restrain the board of Goal from taking any steps to suspend or remove him from his position.
Yesterday, Ms Justice Mary Laffoy was told by Paul McGarry, counsel for Mr O’Shea, that the matter had been settled and could be struck out. No details of the settlement were revealed in open court. The judge welcomed the settlement.
In a statement following the proceedings, it was announced that Mr O’Shea will retire from his role as chief executive at the end of August, after a mutually acceptable arrangement was agreed between the parties. Goal’s board said it “intends to explore opportunities to collaborate with John for the betterment of the organisation, given John’s vast experience and expertise”.
The board paid tribute to Mr O’Shea and his “astonishing work and contribution to Goal and support for the downtrodden of the developing world is deservedly renowned”.
Goal chairman Pat O’Mahony said: “John is a true humanitarian, advocate, and champion of the developing world who has touched the hearts and pockets of everyone with his enthusiasm to improve the lives of the poorest of the poor.
“On behalf of the board, the past and present staff in HQ and Goalies, our sporting patrons, institutional donors, charitable trusts, foundations and, in particular, the ever generous Irish public, we wish John, his wife Judy and family every good fortune as he moves into the next phase of his life.”
Later, Mr O’Shea thanked donors, aid workers, and the Irish and international governments who supported his work. “I wish Goal continued success and I know that the organisation will remain true to its philosophy of bringing relief to those in greatest need — the poorest of the poor.
“Helping the downtrodden, the deprived and the destitute was an honour and a privilege.”