This excerpt taken from the ELN 6-K filed Apr 11, 2005.
The executive committee exercised the authority of the board during the interval between board meetings, except to the extent that the board had delegated authority to another committee or to other persons, or had reserved authority to itself or as limited by Irish law. The members of the committee during 2004, were Dr. Armen, chairman, Mr. McLaughlin, Mr. Crowley, Ms. Gray and Mr. Martin. The executive committee held one formal meeting during 2004. Dr. Armen retired as chairman on 7 January 2005 and Mr. McLaughlin was appointed chairman on the same date. On 3 February 2005, the board of directors decided to abolish the executive committee.