Written answers
Wednesday, 5 February 2014
Department of Environment, Community and Local Government
Irish Water Establishment
Brian Stanley (Laois-Offaly, Sinn Fein)
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122. To ask the Minister for Environment, Community and Local Government the salary each member of the board of Irish Water receives; and the payments, if any, each member received in 2013. [5842/14]
Phil Hogan (Carlow-Kilkenny, Fine Gael)
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The Water Services Act 2013 provided for the establishment of Irish Water as a subsidiary of Bord Gáis Éireann (BGE) and that the new company should be formed and registered under the Companies Acts. The Memorandum and Articles of Association, which were adopted by Irish Water on its incorporation in July 2013, provide that the appointment of directors to the Board of Irish Water is the responsibility of the Board of BGÉ with the approval of the Minister for the Environment, Community and Local Government and the Minister for Communications, Energy and Natural Resources. Twelve directors have been appointed to the Board of Irish Water by BGÉ and these appointments were approved in advance by me, as Minister, and by my colleague, Minister Pat Rabbitte.
The fee payable to the Chairman of Irish Water is €30,000 per annum and the fee payable to the non-executive directors is €15,000 per annum as approved by the Minister for Public Expenditure and Reform and in line with Board remuneration in the semi-state sector. The two executive directors are not in receipt of any fee. The Chairman was appointed on 17 July 2013 and the amount of the fee paid to the Chairman in 2013 was €13,769. One non- executive director who was appointed has waived the Board fee payable. The total fees paid to the other non-executive directors in respect of 2013 amounted to € 20,000. Therefore the total amount paid in Board fees to the directors of Irish Water in respect of 2013 was € 33,769.
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