Payout is criticised as ‘morally questionable’ and an inefficient way of sharing company wealth
Ryanair’s chief executive, Michael O’Leary, has qualified for a bonus worth more than €100m, putting him on track for one of the largest payouts in European corporate history.
O’Leary will be given shares worth €111m (£93.5m) if he stays at the airline until the end of July 2028 because the company’s share price stayed above €21 for 28 days.
Payout is criticised as ‘morally questionable’ and an inefficient way of sharing company wealthRyanair’s chief executive, Michael O’Leary, has qualified for a bonus worth more than €100m, putting him on track for one of the largest payouts in European corporate history.O’Leary will be given shares worth €111m (£93.5m) if he stays at the airline until the end of July 2028 because the company’s share price stayed above €21 for 28 days. Continue reading… Michael O’Leary, Executive pay and bonuses, Ryanair, Business, Airline industry, Ireland, Europe, World news Business | The Guardian
