Written answers
Thursday, 9 February 2012
Department of Finance
State Banking Sector
5:00 pm
Maureen O'Sullivan (Dublin Central, Independent)
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Question 43: To ask the Minister for Finance the number of chief executive officers who have availed of redundancy since the State started funding the banks; the length of each of their tenures as CEO; and the total cost of their redundancy packages. [7279/12]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the respective covered institutions that no Chief Executive Officers' position at these institutions have been made redundant since September 2008. Details on the terms of the departure of certain incumbent Chief Executive Officers at the covered institutions have been fully disclosed in the published respective Annual Reports of the institutions concerned.
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