Young Enterprise announce new Chief Executive

Young Enterprise announces that its Chief Executive, Michael Mercieca, will be stepping down on October 31 and handing over to Deputy Chief Executive Sharon Davies.

In post since April 2012, Michael has led the charity through a period of programme acquisition, mergers and the launch of the new financial education brand, Young Money.

Michael will be joining the international charity JA (Junior Achievement) Worldwide (of which YE is a member), as a consultant to work on partnership development.

Michael said: “I’m proud to have led Young Enterprise for the last seven years, during which time we have improved our reach, diversity and impact. I am delighted to be handing the baton to Sharon Davies, our Deputy CEO, providing the charity and all our stakeholders with a seamless transition. I am looking forward to continuing the development of entrepreneurial, employment and financial skills for young people around the globe with my new colleagues at JA Worldwide.”

Grey Denham, Chairman of Young Enterprise, said:

“I would like to thank Michael for his innovative work over the last seven years, working with Sharon and the rest of the YE team to place Young Enterprise firmly at the centre of entrepreneurial, skills and financial education.”

Sharon Davies said: “It’s a huge privilege to build on Michael’s fantastic work during his time as Chief Executive. We have amazingly talented young people living across the UK for whom the opportunity to succeed in the 2030 workplace is sadly not yet equal. Our mission to provide young people with the skills and financial capability for successful futures has perhaps never been more relevant or pressing, and I am extremely proud to have been given the opportunity to lead an organisation that has such an amazing heritage and incredible people.”