Majority of farmers believe IFA President should be paid less than €100,000
Some 83% of respondents to an Agriland poll on the pay of the IFA President have said that they should receive less than €100,000.
Looking at the other 17% that voted, 5% voted that the President should receive over €150,000.
The other 12% voted that the President should receive between €100,000 and €140,000.
Some 32% of respondents said that the President of the farming organisation should receive between €70,000 and €100,000.
A further 31% voted that the President should receive between €50,000 and €70,000. The remaining 20% said that he/she should receive between €20,000 and €50,000.
Earlier this week, Con Lucey’s report on corporate governance in the IFA revealed the remuneration of IFA Presidents since 2009.
The packages revealed ranged from €150,000 paid to John Bryan in 2011 to €180,000 paid to Padraig Walshe in 2009.
In the case of former President Padraig Walshe, the payment was in excess of €180,000.
The Presidents above were each invited to the board of FBD Holdings during their tenure. The current directors’ fees level is €39,600.
Lucey took up the remit in the wake of the resignation of General Secretary Pat Smith and President Eddie Downey.
Pat Smith resigned when his remuneration package was revealed to be €542,000 in 2013, while Eddie Downey resigned on the back of negotiating a €2m exit package with Smith, which the IFA is now disputing.
You can read the full report here.