>Ryanair chief executive Michael O’Leary has more than doubled his annual base pay to €1.2m – or just over €23,000 per week – in his new deal with the airline.
That is according to Ryanair’s 2023 annual report which reveals that Mr O’Leary received an overall pay package of €2.7m in the 12 months to the end of March this year.
by OldMcGroin
17 comments
That’s not very high for the CEO of a publicly listed company with a market cap of €18 billion.
Long live ryanair
Let’s just say it. He is worth that money. Few are. He is.
Base pay is something that only matters to us poor serfs, it’s pocket money for these guys.
> Mr O’Leary has long-held 44m shares in the company, which are **worth around €730m**. The stake marks the CEO as among the top 10 single largest shareholders in the company, along with large institutional investors.
I mean, considering how much he’s grown the company, 1.2 million seems like pocket change for shareholders.
Well worth it.
He’s come a long way from selling batteries from the Walkinstown roundabout.
Deserves it.
Like him or loathe him, he’s incredibly successful and has revolutionised air travel in Europe
Well deserved. Absolute beast of an executive
The thing is with O’Leary, when other extremely wealthy Irish people like Denis O’Brien, JP McManus have based themselves overseas to avoid tax on money that no mortal could ever spend, O’Leary always stayed in Ireland and paid what is due.
His 23k a week means society will be getting 10-15k per week.
He said he has no problem paying 50% on his income. He threatened to leave if it got to 75%, but never did. He’s fine to express an opinion on any facet of the running of the state when he pays in. There’s nothing worse than a tax exile criticising the government or donating money to preferred causes while robbing the everyday citizen by not paying tax.
So fair play to him with what he earns. He does the right thing by Ireland with it.
https://m.independent.ie/irish-news/oleary-ill-quit-ireland-if-they-raise-income-tax/26763476.html
Good for him
At this stage you just have to say fair fucks.
He’s actually a legend, one of the greatest businessmen of our time. Runs the airliner like an actual company as opposed to the majority of competitors being subsidised and bailed out on an annual basis. Great in front of the mic as well, tells it how he sees it.
It’s people like him that need to be in government.
Money is nothing to him now, so his intentions in such a position would be the public first rather than lining his own pockets.
Similar to Schwarzenegger in California. He actually wanted to solve problems rather than getting in and out making as much bank as possible.
Amazing how this sub goes from ‘boo the rich’ ‘boo capitalism’ to ‘fair fucks to him’.
He’s worth every penny.
An amazing business man who has improved many of our lives by making air travel affordable gets substantial wage that he pays the tax on in Ireland.
He is a truly world class ceo, if it was doubled again I would still be glad to see him get it
Private company, they can do what they like. On the flip side: *TAX AVIATION FUEL.*