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Minister Varadkar welcomes Declan Collier's decision to forego bonus

Speaking today (Sunday), Minister for Transport, Tourism & Sport Leo Varakdar said:

"I welcome the decision by Delcan Collier to forgo his bonus for 2010 and his acceptance that the terms and conditions of the CEO's position will be substantically reduced next year, in line with Minister Howlin's reforms.

I am pleased that Mr Collier and the DAA board are now complying with the policy of my Department, and of the Government as a whole.

Like all sections of society and the economy, the semi-State sector will have to undergo a significant transformation in order to survive and prosper. That requires leadership and personal sacrifice from the top. I welcome Mr Collier's decision in this context. It follows similar decisions taken by other semi-State chiefs, and I hope that we will see further examples of such leadership from others across the semi-State sector in the weeks ahead."