Dáil Éireann Debate, Tuesday - 26 September 2023
106. Deputy Fergus O'Dowd asked the Minister for the Environment, Climate and Communications to state all detail in relation to the decision to pay taxable benefits to the CEO of €64,000 which have been included in the 2002 annual returns for Bord na Móna, in particular how the decision was made; and by whom; if he was consulted in relation to it; and if he will make a statement on the matter. [41052/23]
View answerThe CEO’s overall remuneration package, including taxable benefits, is determined by a sub-committee of the Board, in line with the company’s statutory obligations and the Code of Practice for the Governance of State Bodies - Remuneration and Superannuation Terms.
The CEO's contracted terms and conditions are subject to approval by the Minister for the Environment, Climate and Communications and the consent of the Minister for Public Expenditure, NDP Delivery and Reform. Ministerial sanction was provided in 2018 for the appointment and contract of the Chief Executive of Bord na Móna.
Payment of taxable benefits is a matter for the company in line with tax law.
The remuneration of the CEO of Bord na Móna is a matter of public record and is disclosed, in full, in Bord na Móna’s annual report and accounts. This includes salary, pension contributions and all taxable benefits.
