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Composition of Remuneration and Management Development Committee
The Remuneration and Management Development Committee currently comprises four Authority members, Mary Finan, Stephen O’Byrnes, Maria Killian and Ian Malcolm, all of whom are considered independent, and is assisted, as appropriate, by a nominee from the Department of Communications, Marine and Natural Resources.
The committee has written terms of reference. It considers all aspects of the remuneration of the Director-General and senior management generally and makes recommendations to the Authority, having regard to Government policy in relation to the remuneration of executive management of State Bodies. The committee has also reviewed the top talent contracts.
The remuneration of Authority members is determined by Government. The committee considers the targets, performance and remuneration of the Director-General and makes recommendations to the Authority prior to seeking Government approval thereon. The committee also develops RTÉ’s policy on executive remuneration and considers and approves salaries and other terms of the remuneration package for executive management, having regard to Government policy in relation to remuneration of executive management of State Bodies. The Director-General is fully consulted about remuneration proposals for other senior management and outside advice is sought when necessary.
Emoluments of Authority members
| |
2005 |
2004 |
| |
€’000 |
€’000 |
| Authority members1 |
|
|
| Serving on the 14th RTÉ Authority: |
|
|
| Patrick J Wright |
8 |
19 |
| Joe Barry2, 4 |
5 |
13 |
| Anne Doyle3 |
5 |
13 |
| Des Geraghty4 |
5 |
13 |
| Maura Hayes |
5 |
13 |
| Garry Hynes |
5 |
13 |
| Mary Peters |
5 |
13 |
| |
|
|
| Serving on both the 14th and the 15th RTÉ Authority: |
|
|
| Paddy Marron |
12 |
13 |
| Stephen O’Byrnes4 |
12 |
13 |
| |
|
|
| Serving on the 15th RTÉ Authority: |
|
|
| Mary Finan5 |
- |
- |
| Fintan Drury6 |
10 |
- |
| Emer Finnan7 |
4 |
- |
| Maria Killian |
7 |
- |
| Patricia King4 |
7 |
- |
| Ian Malcolm4 |
7 |
- |
| Úna Ní Chonaire4 |
7 |
- |
| Joe O’Brien3, 7 |
4 |
- |
| |
|
|
| |
108 |
123 |
| 1: |
All members of the Authority are non-executive. |
| 2: |
Joe Barry’s pension costs are included within the RTÉ Superannuation Scheme. |
| 3: |
In addition to their Authority fees, Anne Doyle and Joe O’Brien were paid as employees of RTÉ. |
| 4: |
In addition to their Authority fees, Joe Barry, Des Geraghty, Stephen O’Byrnes, Patricia King, Úna Ní Chonaire and Ian Malcolm received immaterial amounts in 2005 for programme contributions. |
| 5: |
Appointed 21 February 2006. |
| 6: |
Resigned with effect from 19 January 2006. |
| 7: |
Appointed with effect from 14 September 2005. |
RTÉ complied with the guidelines covering the payment of fees to the Chairpersons and Directors of State Bodies, issued by the Minister for Finance in July 1992.
Emoluments of Director-General
| |
2005 |
2004 |
| |
€’000 |
€’000 |
| Cathal Goan |
|
|
| - Basic salary |
259 |
235 |
| - Arrears of basic salary |
13 |
10 |
| - Performance related pay |
42 |
- |
| - Pension contributions |
22 |
20 |
| - Other benefits |
27 |
31 |
| |
363 |
296 |
Performance related pay in 2005 above was in respect of 2004 performance.
Cathal Goan is a member of the RTÉ Superannuation Scheme. His pension benefits earned during the year and total accrued pension at 31 December 2005 were as follows:
| |
Increase in
accrued pension
during 2005 1 |
Transfer value
of increase 2 |
Total accrued
pension at
year end 3 |
| |
€’000 |
€’000 |
€’000 |
| Cathal Goan |
3 |
56 |
116 |
| 1: |
The increase in accrued pension during the year excludes inflation. |
| 2: |
The transfer value of the increase in accrued pension has been calculated on the basis of actuarial advice. This transfer value does not represent sums paid or due, but is the amount that the pension scheme would transfer to another pension scheme in relation to the benefits accrued in 2005 in the event of the member leaving service. |
| 3: |
Accrued pension shown is that which would be paid annually on normal retirement date, based on service to the end of the year. |
Interests of Authority members in share capital
As a State Body, RTÉ does not have any share capital. The members of the RTÉ Authority have no beneficial interests in the share capital of any of RTÉ’s subsidiary undertakings.
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