Michael Creed (Cork North West, Fine Gael) | Oireachtas source

I thank Deputy Heydon for his comments. He addressed far more eloquently than I the track record of the outgoing CEO. It is insightful to look at the state of the National Stud when the CEO was appointed and its current financial state. Actions speak louder than words and his actions have been a tribute to the industry, which he leaves in a far better state than he found it. I acknowledge his contribution.

Appointments are, in the first instance, an issue for the board. The CEO has indicated that he does not wish to apply for the position. There will be a recruitment campaign and in order to ensure a smooth transition, we are open to considering a transition period. That is something which will be negotiated with the board. I do not envisage that being a problem.

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