Home Irish Showbiz Tributes pour in for Penneys founder Arthur Ryan – who has passed...

Tributes pour in for Penneys founder Arthur Ryan – who has passed away

He died aged 83

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The founder of Penneys, Arthur Ryan, has passed away aged 83.

The much-loved CEO ran the company from 1969 to 2009.

Current CEO of the company, Paul Marchant, said the company is “greatly saddened” by his death.

Arthur had opened the very first Penneys store on Dublin’s Mary Street in 1969.

The brand, which later expanded internationally under the Primark label, now has 370 stores across the world.

“I was fortunate to work closely with him and experience first-hand his sharp mind and innovative thinking,” Paul said.

“Over the years we developed a very strong friendship, which I will always value and cherish.

Arthur was survived by his wife Alma, but very sadly lost his son and grandson in a triple drowning accident in West Cork in 2015.

Tributes have been pouring in for the fashion retail founder on social media since the news broke.

Take a look: