asked the Minister for Finance if he will state (a) the names of the directors of (i) all State-owned companies in which the State holds all the issued share capital; (ii) all the companies in which the State holds a majority of the issued share capital; (iii) all the companies in which the State holds 50 per cent. of the issued share capital; and (b) the salaries and allowances paid to them at present.
Ceisteanna—Questions. Oral Answers. - Directors of State-Owned Companies.
As the reply is in the form of a tabular statement I propose, with the permission of the Ceann Comhairle, to have it included in the Official Report.
Following is the statement:
(i) COMPANIES IN WHICH THE STATE HOLDS ALL THE ISSUED SHARE CAPITAL:
|
Name of Company |
Name of Director |
Remuneration(a year) |
|
Agricultural Credit Corporation, Ltd. |
R.C. Barton (Chairman) |
£800 and £200 consolidated travelling allowance. |
|
T.F. Hennessy |
£300 |
|
|
J.J. Brady |
||
|
Irish National Stud Company |
Major-General L. Hayes (Chairman). |
£300 |
|
The Earl of Fingall |
£150 |
|
|
Capt. Charles Moore |
||
|
A.P. Reynolds |
||
|
W. Tyrrell |
||
|
Irish News Agency |
R. Greene (Chairman) |
100 guineas |
|
C.C. O'Brien (Managing Director). |
200 guineas |
|
|
R. Brennan |
50 guineas |
|
|
P. O'Curry |
||
|
Mianraí, Teo |
M.A. Hogan (Chairman) |
£450 |
|
A.J. Woods |
£150 |
|
|
J.J. Hannigan |
||
|
T. Horgan |
||
|
L. O'Doherty |
||
|
F. Robbins |
(ii) COMPANIES IN WHICH THE STATE HOLDS A MAJORITY OF THE ISSUED SHARE CAPITAL:
|
Name of Company |
Name of Director |
Remuneration(a year) |
|
Aer Rianta, Teo. |
E.T. McCarron (Chairman) |
£1,000 |
|
S. Ó hUadhaigh |
£300 |
|
|
J.J. O'Leary |
||
|
J.P. O'Brien |
||
|
J.P. Reihill |
||
|
P.P. Wilkinson |
||
|
Alginate Industries (Ireland), Ltd. |
G. Mac an Bháird (Chairman) |
£50 |
|
A. Ó Baoighealláin (Joint Managing Director) |
£50 as Director.Remuneration as Joint Managing Director determined by the Board of the Company. |
|
|
A.H. Stewart (Joint Managing Director) |
||
|
W.R. Merton |
£50 |
|
|
T. Ó Scanaill |
||
|
Ceimicí, Teo. |
C.S. Almond (Deputy Chairman). |
£250 |
|
G. Van der Lee (Managing Director). |
£2,500 |
|
|
T.S. Wheeler |
£150 |
|
|
G.P.S. Hogan |
||
|
J. Williams |
||
|
J.P. Digby |
||
|
A. O'Rahilly |
||
|
Industrial Credit Company, Ltd. |
J.P. Beddy (Chairman and Managing Director) |
£500 |
|
M.W. O'Reilly |
||
|
L.J. Kettle |
||
|
J.J. O'Leary |
||
|
J.A. Griffin |
||
|
Irish Assurance Company, Ltd. |
W. Boland (Chairman) |
£800 |
|
A.W. Bayne (Managing Director). |
£500 as Director.Remuneration as Managing Director determined by the Board of the Company. |
|
|
J.A. Nugent |
£500 |
|
|
E.O. O'Brien |
||
|
P. Harrington |
||
|
P. Lenihan |
||
|
Irish Shipping, Ltd. |
E.T. McCarron (Chairman) |
£750 |
|
T.D. Hallinan |
£500 |
|
|
S.J.K. Roycroft |
||
|
J.J. Stafford |
||
|
P. McGrath |
(iii) THERE is no company in which the State holds exactly 50 per cent. of the issued share capital. In the case of Comhlucht Siúicre Éireann, Teo., the total issued share capital is 1,000,014 £1 shares of which 500,000 shares are held by the State. The names of the Directors and the remuneration paid to them are as follows:—
|
Name of Company |
Name of Director |
Remuneration(a year) |
|
J.E. McEllin (Chairman) |
£900 |
|
|
M.J. Behan |
£500 |
|
|
J. Clarke |
||
|
L. Devlin |
||
|
P.J. Kehoe |
||
|
M. McMahon |
||
|
T. O'Mahony |