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Chief Executive
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19. (1) There shall be a chief executive of Shannon Group (who shall be known as and is referred to in this Part as the “chief executive”).
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(2) The chief executive shall be appointed by the board of Shannon Group and may be removed from office at any time for stated reasons by the board of Shannon Group, with the consent of the Minister.
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(3) The chief executive shall, on his or her appointment, stand appointed as chief executive of—
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(a) Shannon Airport Authority, and
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(b) Shannon Commercial Enterprises.
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(4) (a) Notwithstanding anything contained in this section, the person who holds office as the chief executive of Shannon Airport Authority, immediately before the formation of Shannon Group, shall be appointed by the board of Shannon Group as the first chief executive of Shannon Group, and as chief executive of Shannon Commercial Enterprises.
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(b) The person referred to in paragraph (a) shall serve as chief executive of Shannon Group, and as chief executive of Shannon Commercial Enterprises, for the remainder of his or her term as chief executive of Shannon Airport Authority.
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(5) The chief executive shall hold office for such term and upon and subject to such terms and conditions (including terms and conditions relating to remuneration and allowances for expenses) as may be determined by the board of Shannon Group with the consent of the Minister given with the approval of the Minister for Public Expenditure and Reform and shall be paid out of moneys at the disposal of Shannon Group.
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(6) Other than as provided for elsewhere in this Part, the chief executive shall not hold any other office or position in respect of which emoluments are payable without the consent of the board of Shannon Group.
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(7) If the chief executive is removed from office, he or she is deemed to be removed from the office of chief executive of Shannon Airport Authority and Shannon Commercial Enterprises at the same time.
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