Dáil Éireann Debate, Thursday - 3 March 2005
19 Mr. P. Breen asked the Minister for Finance if he is satisfied with the payments made to terminate the employment of the chief executive of Aer Rianta; and the papers which were presented to him in this respect before he issued his approval. [7125/05]
View answerI refer the Deputy to my previous replies of 14 October 2004, 23 November 2004 and 1 February 2005.
The previous Minister, as shareholder, indicated his consent to arrangements, outlined to him by the chairman of Aer Rianta on 24 September last, concerning the package the board proposed to make to the deputy chief executive who was leaving the company.
I understand that the proposed package included a lump sum of two and a half times salary, a contribution to pension fund, payment of a bonus and retention of company car.
