Hayes, Mac Sharry to step down from Permanent TSB board

Some news in relation to Permanent TSB. Both are ‘public interest’ directors.

http://www.businesspost.ie/#!story/Markets/Banking/Hayes%2C+MacSharry+to+step+down+from+PTSB+board/id/19410615-5218-5154-5b7a-98f695409478

Hayes, MacSharry to step down from PTSB board

15:06, 28 March 2013 by Post Reporter

Margaret Hayes and Ray MacSharry will step down from the board of Permanent TSB, according to a statement from the bank.

The two directors will not stand for re-election at the bank's annual general meeting on May 22nd, according to a spokesman.

MacSharry is a former Irish finance minister and European Commissioner.

Earlier this week, Permanent TSB announced a pre-tax loss of €922 million.