A key responsibility of any board is to negotiate the pay of the company’s highest earners. Only a board is in a position to do this job. Almost every board has a remuneration committee. The remuneration committee will typically meet several times per year, investigate and negotiate pay levels of the company’s executives, and report back to the rest of the board. Announcing Cabinet agreement to launch a two-pronged, six-month “root and branch examination of RTÉ” this Tuesday, a statement issued by Minister for Media Catherine Martin said: “The first strand of the examination will identify any failures or weaknesses in…

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