RTÉ faces insolvency 'early next year' if additional funding is not granted - Director General

Director General of RTÉ Kevin Bakhurst faced questions on the state broadcaster's funding and financial future.

it comes days after Richard Collins - the Chief Financial Officer (CFO) for RTÉ - resigned.

On Wednesday afternoon (11 October) RTÉ's Director General (DG) Kevin Bakhurst informed staff of Collins tendering his resignation, RTÉ News reports.

The outlet states that Collins "will work on a handover" and that RTÉ is in the "process of identifying a replacement CFO".

It also reports that Bakhurst is meeting staff to "update them on developments" within the broadcaster and that the DG has informed workers that while RTÉ will be a "smaller organisation", there will be no compulsory redundancies.

Collins' resignation follows the much-publicised RTÉ secret payments scandal that broke in June 2023 and its subsequent fallout.

While appearing before a Public Accounts Committee (PAC) earlier this year to answer questions regarding the scandal, the resigning CFO made headlines when he revealed he did not know his "exact salary".