There are four commercial State Bodies under the aegis of my Department - Bord na gCon, Coillte, Horse Racing Ireland and the Irish National Stud.
The Chief Executive Officers of two of these Bodies, Bord na gCon and Coillte, were appointed in July 2014 and April 2015 respectively, and are employed in accordance with the payment arrangements for CEOs of Commercial State Bodies introduced in June 2011.
The Chief Executive Officers of Horse Racing Ireland and the Irish National Stud were in situ pre June 2011 and therefore employed under the “Hay Contract ” arrangements.