Dáil Éireann Debate, Wednesday - 19 February 2014
81. Deputy Pearse Doherty asked the Minister for Finance the total remuneration package received by the chief executive officer of Allied Irish Bank for 2013; and the remuneration that has been promised for 2014. [8399/14]
View answerAIBs disclosures in relation to directors remuneration are made annually as part of AIBs Annual Financial Report. The remuneration of the Chief Executive Officer as an executive director is included in this. The remuneration data for 2013 will be available following the release of AIBs 2013 Annual Financial Report later this quarter.
The most recent disclosures on directors' remuneration for 2012 are contained on page 316 of AIBs 2012 Annual Financial Report which is available on AIBs website at www.aibgroup.com/investorrelations. In 2012 the total remuneration package for the CEO of AIB was €546,000 and it should be noted that this amount only partially reflected a 15% pay cut implemented from 1 September 2012.
The Chief Executive Officer's remuneration, as with all AIB employees, is within the Government's limits on pay and benefits and my Department has neither been informed nor approved of any change for 2014.
