Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance)
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Question 369: To ask the Minister for Transport, Tourism and Sport the amount of money the executives of the harbour companies are paid. [8601/11]

Leo Varadkar (Dublin West, Fine Gael)
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In light of the current economic climate and the need for social solidarity, at a recent meeting in Dublin Castle of all the state agencies and commercial semi-state companies under the aegis of my department, I re-iterated the Government's opposition to the payment of bonuses to Chief Executives. The Code of Practice for the Governance of State Bodies requires all State companies to include a breakdown of the annual salary paid to Chief Executive Officers in their published Annual Report and Accounts. The port company Annual Reports for 2010 will be published in the coming months.

In all but two cases, the relevant information for 2010 has already been supplied to my Department and is outlined in the following table. In two cases the information relates to 2009. The performance related payments made in 2010 were in respect of the performance of the Chief Executives in 2009. In February 2009, the then Minister wrote to all Chairpersons of commercial State bodies under the aegis of the Department of Transport asking that consideration be given by each Board to achieving a significant reduction in or elimination of bonus award payments payable in 2009 and 2010.

* 2009 figure.

** Dublin's figures relate to the remuneration of the current CEO since his appointment in August 2010, i.e. for 5 months. The company are currently in the process of finalising the contract of employment with the new CEO.

*** Bonus accrued in 2010 under Terms and Conditions of Contract, but not yet paid.