Dáil Éireann Debate, Wednesday - 6 May 2015
595. Deputy Joe Costello asked the Minister for Transport, Tourism and Sport the reason the former chief executive officer of Aer Lingus was awarded valuable shares by the board of Aer Lingus, for which the person had no entitlement; and if he will make a statement on the matter. [17468/15]
View answerRemuneration matters in Aer Lingus are a matter for the Board of the company.
Each year Aer Lingus provides details of remuneration in its Annual Report and Accounts. The latest such report, available on Aer Lingus' website, relates to 2014. This includes a letter to shareholders from the chairman of the Remuneration Committee and a twelve page Report of the Remuneration Committee on Directors' Remuneration. This Remuneration Report includes the details of the former CEO's remuneration, including details of the status of his share options and the basis on which they were awarded.
