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Semi-State Bodies Remuneration

Dáil Éireann Debate, Tuesday - 25 March 2014

Tuesday, 25 March 2014

Ceisteanna (633)

Derek Nolan

Ceist:

633. Deputy Derek Nolan asked the Minister for Communications, Energy and Natural Resources the salaries, including pensions and any other bonus-related additions, including company cars, of chief executive officers of commercial State bodies under the remit of his Department; and if he will make a statement on the matter. [14477/14]

Amharc ar fhreagra

Freagraí scríofa

The salary rate for CEOs of Commercial Semi State Companies under the aegis of my Department is as set out in the table below.

Salary Rate for CEOs of Commercial State Companies

Name of Company

New Appointment Rate

An Post

€240,448

BGÉ

€250,000

Bord na Móna

€226,000

EirGrid

€170,000

ESB

€295,000

RTÉ

€219,871

TG4

€139,104

The Annual Reports of the companies contain details of incumbent CEOs’ salaries. The Annual Reports are available in the Oireachtas Library.

Pensions are negotiated on a case by case basis between the relevant company and the CEO as part of the new contract, in accordance with the Guidelines on contracts, remuneration and other conditions of Chief Executives and senior management of Commercial State Bodies, subject to statutory provision for the approval of remuneration and terms by Ministers and the Minister for Public Expenditure and Reform.

Expenses arrangements are an operational matter for the companies.

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