Kenny Jacobs to voluntarily step down as chief executive of DAA after settling High Court action

Court told the case had settled on mutually agreeable terms and could be struck out

Kenny Jacobs initiated the action against Daa after he was suspended by the company in December, pending a new investigation into allegations made against him.

Kenny Jacobs will “voluntarily step down” as chief executive of DAA after he settled a lawsuit brought against the State airport operator, the High Court has heard.

Lawyers for Jacobs told Judge Marguerite Bolger on Thursday the parties had resolved their dispute on mutually agreeable terms, under which Jacobs will step down from his position at DAA, operator of Dublin and Cork airports.