Michael McGrath (Cork South Central, Fianna Fail)
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Question 141: To ask the Minister for Finance the position regarding the review of the remuneration packages of the chief executives of semi-State companies. [38034/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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I brought proposals to Government regarding the establishment of a Review Group to examine and advise the Government on the extent to which the current arrangements governing the remuneration of chief executives of commercial State-sponsored bodies remains appropriate having regard to changes in economic circumstances, the commercial environment in which the companies operate and labour market conditions.

The Government has agreed that such a review should be undertaken and I will shortly announce further information on the composition of the Review Group.