Former Coillte chief executive entitled to €299k bonus, High Court rules

Mr Justice Nicholas Kearns said David Gunning, who was Coillte CEO for seven years, was entitled to the payments along with 2% interest and his legal costs. 

Mr Gunning, aged 54, of Fitzwilliam Place, Dublin, who was CEO at Coillte from 2006 to 2013 on a salary of over €200,000 to start and over €300,000 later, had sued Coillte Teoranta seeking the payment of the monies.

The court decision was made after Mr Justice Kearns heard legal submissions on both sides after the opening of the case. The judge will give a written judgment at a later stage to outline the reasons for his decision.