My first Magazine Annual report 2015 | Page 60

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