Re-turn has gone to great lengths to keep the pay of its top executives and board members a mystery in recent years. <\/p>\n
This week, it claimed compensation figures in its own annual report were not quite accurate.<\/p>\n
The body, led by Ciar\u00e1n Foley, was set up in 2022 by drinks producers to manage Ireland\u2019s Deposit Return Scheme<\/a>. Its 12-person board is populated by private sector executives from Coca-Cola HBC Ireland, Tesco, Britvic, Heineken, Musgrave and Diageo.<\/p>\n In recent annual reports it has provided some insight into the compensation of Foley and the board, but has stopped short of giving a definitive number for Foley\u2019s pay package or individual board fees. <\/p>\n The company, a non-profit, said this is within existing accounting standards, but it puts Re-turn out of step with many of the State\u2019s prominent charities, non-profits and semi-State bodies that do disclose their chief executive\u2019s salary. <\/p>\n Re-turn\u2019s annual report for 2024 indicated that five key management personnel, including Foley, were paid a combined \u20ac1.1 million. That same year it suggested the company\u2019s 11 board members and Foley were paid a combined \u20ac600,000. <\/p>\n The recently published annual report for 2025 indicates that key management personnel compensation rose to \u20ac1.4 million last year. The rise was linked to board member fees now being included in this total for key management personnel.<\/p>\n Total remuneration paid to the board and Foley rose from \u20ac600,000 to \u20ac700,000, which would indicate a 16 per cent increase<\/a>.<\/p>\n The Irish Times asked Re-turn on Tuesday whether the increase was linked to a pay rise for Foley.<\/p>\n