Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB

3:10 pm

Mr. Ray MacSharry:

In 2008 my fees were €2,000. In 2009, they were €69,000. In each of the years 2010, 2011 and 2012 they were €56,000. We introduced a 25% reduction on the fees that were in operation a few months after we joined the board.