Ryanair shareholders approve CEO Michael O’Leary a €458,000 bonus

18/09/2020

A third of Ryanair shareholders today revolted against a €458,000 bonus for chief executive Michael O’Leary today at the budget carrier’s annual general meeting.

Although the firm’s remuneration report was approved by 65.8 per cent of voters, 34.2 voted against the packages, which had been criticised due to the ongoing financial crisis brought on by the coronavirus pandemic.

A third of Ryanair shareholders today revolted against a €458,000 bonus for chief executive Michael O’Leary today at the budget carrier’s annual general meeting.

Although the firm’s remuneration report was approved by 65.8 per cent of voters, 34.2 voted against the packages, which had been criticised due to the ongoing financial crisis brought on by the coronavirus pandemic.

Airlive