Dáil Éireann Debate, Tuesday - 8 May 2018
421. Deputy Robert Troy asked the Minister for Transport, Tourism and Sport if his attention has been drawn to the fact that there is apparently no time limit on the term of a CEO as a director of a port company here even though their employment contracts according to the Department of Finance must not exceed seven years (details supplied); the reason this inconsistency exists; and if he will make a statement on the matter. [19882/18]
Amharc ar fhreagraIn the case of the State commercial ports sector, section 36 of the Harbours Act 1996 provides that CEOs shall also be appointed to the board as an ex officio (often referred to as an executive) director of the relevant company for the duration of their term of office as a CEO. I would note that the appointment of a CEO as an ex officio director of a company is a standard feature of most commercial organisations; however, that appointment is limited to the duration of their contracted term of office as CEO.
