Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Michael Walsh:

I think I'll leave it to yourselves to judge whether I'm easily dominated but I think the practical reality is, you know, he has a strong personality. He'd used that personality to actually build the business from scratch and, you know, like all of those, as I say, the, kind of ... let's say, the Michael O'Learys of the world, you know, they are forceful people. That doesn't mean that the board abdicates responsibility. Just because somebody is a colourful character doesn't mean the board disappears but if I was to ask, I'd suspect, each of you here today - well, with maybe one exception - you know, could you name ten people who actually work for Ryanair, and I don't know how many people work for Ryanair - I suspect thousands and thousands - but I suspect most people could probably only name the one. In the same way, I think when people looked at the society from the outside - I mean, there was a senior executive team, you know, there was a whole network underneath - most people could only identify with one individual.

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