Written answers

Tuesday, 25 March 2014

Department of Communications, Energy and Natural Resources

Semi-State Bodies Remuneration

Photo of Derek NolanDerek Nolan (Galway West, Labour)
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633. To ask the Minister for Communications, Energy and Natural Resources the salaries, including pensions and any other bonus-related additions, including company cars, of chief executive officers of commercial State bodies under the remit of his Department; and if he will make a statement on the matter. [14477/14]

Photo of Pat RabbittePat Rabbitte (Dublin South West, Labour)
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The salary rate for CEOs of Commercial Semi State Companies under the aegis of my Department is as set out in the table below.

Salary Rate for CEOs of Commercial State Companies

Name of CompanyNew Appointment Rate
An Post€240,448
BGÉ€250,000
Bord na Móna€226,000
EirGrid€170,000
ESB€295,000
RTÉ€219,871
TG4€139,104

The Annual Reports of the companies contain details of incumbent CEOs’ salaries. The Annual Reports are available in the Oireachtas Library.

Pensions are negotiated on a case by case basis between the relevant company and the CEO as part of the new contract, in accordance with the Guidelines on contracts, remuneration and other conditions of Chief Executives and senior management of Commercial State Bodies, subject to statutory provision for the approval of remuneration and terms by Ministers and the Minister for Public Expenditure and Reform.

Expenses arrangements are an operational matter for the companies.

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