Notes to the Accounts
58
SCIENCE FOUNDATION IRELAND ANNUAL REPORT 2015
Notes to the Accounts
For the year ended 31 December 2015
4( c) Board Members’ Emoluments
Board |
Vouched |
Meetings |
Board |
Vouched |
Meetings |
Fees |
Expenses |
attended |
Fees |
Expenses |
attended |
2015 |
2015 |
2015 |
2014 |
2014 |
2014 |
€ |
€ |
|
€ |
€ |
|
Board Member Ann Riordan( Chairman) |
20,520 |
1,492 |
6 out of 6 |
20,534 |
920 |
6 out of 6 |
Sir Tom Blundell |
13,336 |
2,597 |
4 out of 6 |
- |
- |
0 out of 1 |
Barry O Sullivan |
- |
18,567 |
6 out of 6 |
- |
- |
1 out of 1 |
Mark Ferguson |
- |
- |
6 out of 6 |
- |
- |
6 out of 6 |
Rita Colwell |
11,970 |
18,212 |
4 out of 6 |
11,970 |
18,465 |
6 out of 6 |
Bernie Cullinan |
11,970 |
1,492 |
6 out of 6 |
11,970 |
350 |
5 out of 6 |
Geraldine Ruane |
998 |
125 |
6 out of 6 |
11,979 |
318 |
6 out of 6 |
Pat Duane |
11,970 |
3,078 |
5 out of 6 |
11,970 |
170 |
4 out of 6 |
Dermot Mulligan |
- |
- |
3 out of 3 |
- |
- |
- |
Aidan Donnelly |
11,970 |
1,887 |
6 out of 6 |
11,979 |
350 |
6 out of 6 |
Mary Doyle |
- |
125 |
5 out of 6 |
- |
- |
5 out of 6 |
Liam Madden |
- |
16,527 |
5 out of 6 |
- |
10,441 |
5 out of 6 |
Dermot Curran |
- |
125 |
2 out of 2 |
|
298 |
5 out of 6 |
Sean Ahearne |
- |
- |
- |
6,789 |
- |
3 out of 3 |
Peter MacDonagh |
- |
- |
- |
6,789 |
1,171 |
3 out of 3 |
General Board Expenses |
|
10,712 |
n / a |
|
9,101 |
n / a |
Total 82,734 74,939 93,980 41,584
Board members are paid fees as determined by the Minister for Jobs, Enterprise and Innovation with the consent of the Minister for Public Expenditure & Reform. Certain Board members are excluded from receiving fees from SFI under the“ One Person One Salary” remuneration arrangements whereby public servants cannot receive Board fees in addition to a salary. In addition, two Board members, Prof Liam Madden and Mr. Barry O’ Sullivan, have waived their Board fees.
The following Board members are based overseas: Sir Tom Blundell is UK based while Rita Colwell, Barry O’ Sullivan and Liam Madden are US Based.
The Director General’ s remuneration package for 2015 was as follows: annual basic salary € 175,554( 2014: € 175,554) and standard public sector pension arrangements apply. No performance related bonus was applicable.
Professor Ferguson is also Chief Scientific Advisor( CSA) to the Government, a role formerly under the administration of Forfás. There is no remuneration for this role and all administration costs for the office are absorbed by SFI. Total expenses for the year incurred by the Director General in the discharge of both roles amounted to € 23,409,( 2014: € 34,505) of which € 4,841( 2014: € 7,827) related to CSA activities.
General Board expenses for 2015 include accommodation and meal costs for Board meetings held off site.
During 2015 six Board meetings were held. The following appointments to and resignations from the Board took place in 2015.
1. Dermot Curran retired on 17 April 2015 2. Bernie Cullinan retired and was reappointed on 24 July 2015. 3. Pat Duane retired and was reappointed on 24 July 2015. 4. Dermot Mulligan was appointed on 2 September 2015