Dáil Éireann Debate, Thursday - 30 January 2014
132. Deputy Brian Stanley asked the Minister for the Environment, Community and Local Government the salaries each of the members of the board of Irish Water receives, and the names of the State bodies of which they are board members. [4564/14]
View answerThe Water Services Act 2013 provided for the establishment of Irish Water as a subsidiary of Bord Gáis Éireann (BGE) and that the new company should be formed and registered under the Companies Acts. The Memorandum and Articles of Association, which were adopted by Irish Water on its incorporation in July 2013, provide that the appointment of directors to the Board of Irish Water is the responsibility of the Board of BGÉ with the approval of the Minister for the Environment, Community and Local Government and the Minister for Communications, Energy and Natural Resources. Twelve directors have been appointed to the Board of Irish Water by BGÉ and these appointments were approved in advance by me, as Minister, and by my colleague, Minister Pat Rabbitte.
The fee payable to the Chairman of Irish Water is €30,000 per annum and the fee payable to the non-executive Board Members is €15,000 per annum as approved by the Minister for Public Expenditure and Reform and in line with Board remuneration in the semi-state sector. The company management Board Members are not in receipt of any fee. The Chairman of Irish Water is also the Chairman of Bord Gáis Éireann and of Shannon Airport Authority plc.
