Dáil Éireann Debate, Wednesday - 14 March 2012
112 Deputy Thomas P. Broughan asked the Minister for Communications, Energy and Natural Resources if he will issue a breakdown of the remuneration package in place for CEOs of all semi-state companies under his remit as of 1 March 2012; the directives he has issued to CEOs of those same semi-state companies regarding the payments of dividends to the State in 2012, 2013 and 2014; and if he will make a statement on the matter. [14493/12]
View answerI wish to advise the Deputy that, following a Government decision, the salary rate for newly appointed CEOs of Commercial Semi State Companies under the aegis of my Department is as set out in a table with effect from 21 June 2011.
|
Name of Company |
New Appointment Rate |
|
An Post |
€240,448 |
|
BGÉ |
€191,014 |
|
Bord na Mona |
€191,014 |
|
EirGrid |
€158,459 |
|
ESB |
€318,083 |
|
RTÉ |
€219,871 |
|
TG4 |
€139,104 |
The Annual Reports of the companies contain details of incumbent CEOs' salaries. The Annual Reports are available in the library of the House.
In relation to the payment of dividends to the State for the years 2012 to 2014, I have not issued any directive to the companies.
113 Deputy Thomas P. Broughan asked the Minister for Communications, Energy and Natural Resources the directives he has issued to CEOs of all the semi-state companies under his remit regarding levels of salaries and wages, total costs of outputs and levels of investment spending; and if he will make a statement on the matter. [14494/12]
View answerI wish to advise the Deputy that all directions issued by the Government in relation to remuneration of CEOs in Commercial Semi State Companies are brought to the attention of the relevant State Companies under the aegis of my Department.
The Government decided that the salary range for newly appointed CEOs of Commercial Semi State Companies under the aegis of my Department should be as set out in the table below with effect from 21 June 2011 and this has been brought to the attention of the Companies in question.
|
Name of Company |
New Appointment Rate |
|
An Post |
€240,448 |
|
BGÉ |
€191,014 |
|
Bord na Mona |
€191,014 |
|
EirGrid |
€158,459 |
|
ESB |
€318,083 |
|
RTÉ |
€219,871 |
|
TG4 |
€139,104 |
The Annual Reports of the companies contain details of incumbent CEOs' salaries. The Annual Reports are available in the library of the House.
I wish to advise the Deputy that any issues regarding outputs and level of investment spending for Commercial Semi State Companies are in the first instance a matter for each company and its Board, and subsequently subject to my consent. The proposed level of investment for 2012 is set out in the Revised Estimates for the Public Service.
