Rehab reveal €240,000 salary of chief executive Angela Kerins
Rehab Group has revealed the salary of its chief executive Angela Kerins is now €240,000
The figure is an increase of €6,000 on her last known salary in 2011.
Details of Mrs Kerins’ package were released this afternoon following a meeting of the charity and commercial group’s board.
Mrs Kerins has been under pressure for some time to reveal her salary.
Rehab Group subsidiaries received over €80m in state funding last year.
However, the group had refused to state what Mrs Kerins’s salary was, saying she was paid from its commercial interests and not from any state money.
Pressure came to a crescendo last month after Justice Minister Alan Shatter revealed a lottery scratch card sold by Rehab made a surplus of just €10,000 despite sales of €4m in 2010.
The revelation sparked a major controversy and attention quickly turned to Mrs Kerins’s salary.
Taoiseach Enda Kenny and Tanaiste Eamon Gilmore led calls for the chief executive to come clean on the issue.
In a statement issued this evening, Rehab chairman Brian Kerr said: “We share a common desire to make quality and relevant services available to people who need them and we are conscious of recent calls for the salary of the chief executive to be published again.
“The board was reluctant to publish these details previously for three main reasons.
“Firstly Rehab continuously competes for business at home and abroad with a range of private companies which do not have to disclose such information.
“Secondly, we wanted to receive up to date advice from our legal and remuneration advisors and thirdly we are also acutely conscious of our duty to all of our employees under privacy law and the Data Protection Acts 1998 and 2003.
“Our chief executive Mrs Kerins has waived her rights to confidentiality and encouraged the publication of this information.”
The statement said Mrs Kerins’ salary is currently €240,000 per annum and that she had voluntarily waived all bonus entitlements for the last four years.
She has a defined contribution pension scheme with Rehab contributing 6pc of salary to this scheme.
It said Mrs Kerins did not receive additional fees for sitting on various subsidiary boards.
She has the use of a company car for which she pays “benefit in kind” tax, but is not in receipt of private health insurance as part of her package.
The statement said: “The rate of pay for the Rehab Group chief executive is significantly below the market median.”
Shane Phelan, Public Affairs Editor