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Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: I bow to the superior knowledge of Ms Hynes. I see that Ms Hynes served on the board of Bank of Ireland where she was chairman of the remuneration committee at one point and served from about 2007 or 2008 up to 2012.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: Please tell me.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: Where?

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: Did Ms Hynes serve on the board of the bank?

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: How long did Ms Hynes serve on the remuneration committee?

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: Did Ms Hynes serve for a year as chair of the remuneration committee?

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: Did Ms Hynes serve for longer on the remuneration committee?

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: How long did Ms Hynes serve on the remuneration committee as an ordinary member?

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: Was that as chair?

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: I think Ms Hynes did but we are not going to fall out over this matter. During that period and notwithstanding the poor financial health of the bank, and we know we were going through a banking collapse, that committee or the board continued to make recommendations regarding bonuses and boomtime salaries to chief executives and exit packages.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: It did actually.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: Yes.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: I am talking about the exit packages for those who were there.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: There are many people who believe they were entitled to a lot more in terms of what the lost on bank shares or over-inflated mortgages.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: By a committee of which Ms Hynes was part of.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: I accept that.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: I am asking questions.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: I will. All of these matters are in the public domain and all of my questions are ones that I think Ms Hynes should be prepared to answer. If she puts herself forward for a position like this then she should be prepared to answer my questions. If she chooses not to answer then there is nothing that I can about it.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: It was. There was also a direction and request from the Department at the time that existing board members would not seek reappointment or election by the internal process of appointment. Ms Hynes was one of three who continued to hang on despite that.

Joint Oireachtas Committee on Transport, Tourism and Sport: Irish Aviation Authority: Chairperson Designate (24 Nov 2021)

Timmy Dooley: Was that in 2010?

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