Horse Racing Ireland (HRI) is a commercial state body established under the Horse and Greyhound Racing Act, 2001, and is responsible for the overall administration, promotion and development of the horse racing industry.
The appointment of the Chief Executive Officer is a matter for the Board, subject to the consent of the Minister for Public Expenditure and Reform and Minister for Agriculture, Food and the Marine.
In this instance, following the submission of a business case by the Chairman of HRI, the relevant ministerial consents were provided, and I understand that the board decided to reappoint the current CEO.
Under the Code of Corporate Governance the Chairman assures me that Horse Racing Ireland is compliant with the Code.