Results 6,281-6,300 of 18,593 for speaker:Michael Creed
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: The letter referred to a five-year development plan for the industry which is a public document. My recollection is that its ambition is to grow the industry from €1.2 billion to €2 billion. That involves critical infrastructure like the redevelopment of the Curragh racetrack with an investment of €30 million, with considerable funds from the private sector. There is a...
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: My role is extremely limited, as is that of the Minister for Public Expenditure and Reform. It is not to appoint, it is to agree to a recommendation from the board to appoint. The communication to me was always with the inference that the communication reflected the views of the board. That is the sequencing issue.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: I would have told the chairman to get the imprimaturof the board, if he did not already have it, before coming to look for assent. As I said in my opening remarks, I would have preferred it if the sequencing had been different. This issue is addressed by the board in today's statement in so far as the board states that its interests and views were reflected in the reappointment and in the...
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: As I have said, the issue is the sequencing rather than the appointment. The appointment was made on the basis of the business case.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: My responsibilities are clearly outlined in the law.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: That is the only responsibility I have.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: Yes, but-----
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: With due respect, when I receive correspondence from a chair stating specifically that a board wishes to confirm the reappointment of a CEO, surely it is legitimate to assume that the correspondent is speaking for the board.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: I want to make it clear that the decision was communicated to the chairman of the board prior to the meeting of 21 July. I had no correspondence to the effect that this matter had not been brought to the attention of the board. The net point is that the appointment is a matter for the board.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: If my recollection of the dates is correct, the board confirmed the appointment of the CEO at its board meeting on 21 July.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: Prior to that date.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: We gave our assent prior to that.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: The board would not be in a position to make the appointment without the assent of the Minister. The board proceeded to make the appointment on 21 July.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: I do not have the exact date-----
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: -----but it was prior to that.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: The Deputy has referred to correspondence from September. If these matters were brought to my attention, then we would be looking at them. Our decision was-----
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: We would not have been tracking whether the board was meeting on 20, 21 or 22 July. We replied to the question in good faith. We did not have any correspondence.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: I do not have the correspondence in front of me but the board made its decision on 21 July.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: My understanding, although I am open to correction, is that there was a reference which stated that nothing in the contract could be relied upon for a further extension.
- Joint Oireachtas Committee on Agriculture, Food and the Marine: Reappointment of CEO of Horse Racing Ireland (27 Sep 2016)
Michael Creed: That would not preclude the possibility of-----