Varadkar threatens DAA board members over DAA bonus payment
The Transport Minister Leo Varadkar has said he will not reappoint several members of the board of the Dublin Airport Authority next year, unless the organisation's Chief Executive forgoes bonus payments for last year.
In the semi-State company's annual report, the CEO Delcan Collier is due to receive a performance-related bonus payment of €106,000.
Although, Declan Collier took a 12%t cut in his basic salary last year, he still earned more than €300,000.
The DAA say only €21,900 in performance-related bonuses was actually paid to Mr Collier last year, with the rest deferred to reflect current Government policy.
But Minister Varadkar said it was the Government's policy that no bonuses should be made for 2010.
It is understood the Transport Minister will not reappoint seven of the directors on the DAA board,
who are due to have their terms renewed at the end of the year, unless the full bonus payment to Mr Collier is returned.
Last year the DAA recorded a profit of more than €33m.
The DAA has declined to comment on the issue.
