Oireachtas Joint and Select Committees

Wednesday, 29 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Ms Ethna Tinney:

Vol. 2, 139. Oh yes, I had a look at them in retrospect, you know. What I found ... no, no, these are quite familiar. They would certainly have been passed by the board or by the remuneration committee as a board and then presented to the board. The board didn't generally argue with the remuneration committee, but they are familiar. I think what's odd about them is the variability of them, in a sense. You know, why one year for Ted McGovern €448,000 of a bonus and then the next year €120,000 of a bonus? It's interesting, particularly since the business was grown exponentially as we've just discussed. So ... but yes, these are familiar.

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