IFA PLEDGES TO REBUILD THE TRUST OF MEMBERS

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IFA PLEDGES TO REBUILD THE TRUST OF MEMBERS
23 Nov 2015

IFA PLEDGES TO REBUILD THE TRUST OF MEMBERS

IFA’s Executive Board met this evening and asked former Chief Economist Con Lucey to review and report to the Executive Council on:

  • the implementation of the recommendations around remuneration and other observations in his letters, and;
  • to make any additional recommendations on corporate governance or other areas which he considers relevant.
    Con Lucey has agreed to undertake this work and believes he will have a report within weeks.

IFA President Eddie Downey said that he wished to give Con Lucey and the Association the time and space to thoroughly review the situation and therefore would step back to facilitate the review.
In the meantime, Deputy President Tim O’Leary will undertake the functions of the President.

Eddie Downey said. “Mistakes have been made and I want to apologise for that. Steps have been taken to ensure that past mistakes are never repeated.”

IFA Deputy President Tim O’Leary pledged to rebuild the trust of the Association’s membership following the disclosure of the remuneration of the former General Secretary, which he said was indefensible.

Tim O’Leary said, “Con Lucey will carry out a comprehensive review to address any inadequacies in our structures, and will come back to Executive Council with recommendations. There will be full transparency and accountability from now on.”

For my role as Deputy President of the IFA, I am paid €35,000. The IFA President is paid €147,000 a year. These figures are under review. The remuneration package of any future IFA General Secretary will be disclosed and will be a matter of public record in the annual accounts”.

Tim O’Leary said he knows that IFA officers and staff are totally committed to getting on with their job of representing farmers and dealing with the issues of commodity and input prices in all sectors, CAP payments and farm schemes.

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