The Plaintiff, Pat Keating, who is the Chief Executive Officer (‘CEO’) of Shannon Foynes Port Company (the Defendant) brought proceedings to the High Court to seek relief that he is entitled to performance related payments (‘PRP’) for the period 2010-2016 pursuant to clause 8.3 of his service agreement with the Defendant. The Plaintiff claimed that he is entitled to the payments, the amounts of which were approved by the remuneration committee of the defendant in each of those years, but which the board of directors of the company declined to authorise for payment.
Mr Pat Keating was appointed interim CEO in 2006 and was appointed to the position in 2008 on a permanent basis. For the years 2008 and
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