Michael O'Leary to remain Ryanair group CEO until 2028

The airline announced this evening that it and Mr O’Leary had agreed a four-year extension to his contract, which was due to end in July 2024.

However, in order for this to happen, the CEO must deliver on enhanced performance targets, including an increased profit after tax target of up to €2.2bn and/or a share price of €21. "This contract extension, which involved extensive engagement with large shareholders and proxy advisors, is subject to the adoption of an amended Remuneration Policy which will be tabled at Ryanair’s 2023 AGM."

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Michael O’Leary to remain at Ryanair until 2028Board extends share option deal by four years but raises profit target to €2.2 billion and alternative share price target to €21 Great ,at least we have someone who knows what he is at
Source: IrishTimes - 🏆 3. / 98 Read more »

Dublin Airport’s €200 million new tunnel is a 'waste of money' - RyanairDublin Airport’s proposed new tunnel is a “waste of money”, the CEO of Ryanair has said. Complete waste of money. Build a rail interconnect from T1 to T2 and Down to the end terminals and car parks. like cdg…. We are so far behind Lots of things in Ireland are a waste of money...but it's ok,because it's been Maastricht paying for it. The bubble will burst very soon. electric cars and solar heating will not always get a grant
Source: NewstalkFM - 🏆 19. / 55 Read more »

Minister denies green levies unfairly target airlinesMinister for the Environment Eamon Ryan has rejected claims by Ryanair CEO Michael O'Leary that environmental levies are unfairly targeting airlines. Ryanair would burn less fuel it if ran it’s flights on time. askryanair care to comment ? There is no duty on aviation fuel...Minster Ryan should lobby in the EU and UK to bring it in....Even if airline ticket prices go up... Mr. O’Leary would make an excellent politician…..
Source: rtenews - 🏆 1. / 99 Read more »

‘The right man for the job’ - Michael O’Neill returns as Northern Ireland managerHe first took charge of Northern Ireland in 2011 and oversaw their qualification for Euro 2016
Source: IrishTimesSport - 🏆 2. / 99 Read more »

Michael O’Neill returns for second spell as Northern Ireland bossMichael O'Neill is back as Northern Ireland boss a little over two and a half years after leaving the job for Stoke.
Source: The42_ie - 🏆 5. / 86 Read more »