Pearse Doherty (Donegal South West, Sinn Fein)
Link to this: Individually | In context | Oireachtas source

81. To ask the Minister for Finance the total remuneration package received by the chief executive officer of Allied Irish Bank for 2013; and the remuneration that has been promised for 2014. [8399/14]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

AIBs disclosures in relation to directors remuneration are made annually as part of AIBs Annual Financial Report. The remuneration of the Chief Executive Officer as an executive director is included in this. The remuneration data for 2013 will be available following the release of AIBs 2013 Annual Financial Report later this quarter.

The most recent disclosures in relation to directors remuneration for 2012 are contained on page 316 of AIBs 2012 Annual Financial Report which is available on AIBs website at . In 2012 the total remuneration package for the CEO of AIB was €546,000 and it should be noted that this amount only partially reflected a 15% pay cut implemented from 1st September 2012.

The Chief Executive Officer's remuneration, as with all AIB employees, is within the Government's limits on pay and benefits and my Department has neither been informed nor approved of any change for 2014.