{"id":259422,"date":"2025-12-31T06:58:16","date_gmt":"2025-12-31T06:58:16","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/259422\/"},"modified":"2025-12-31T06:58:16","modified_gmt":"2025-12-31T06:58:16","slug":"bosses-sitting-on-e2bn-of-shares-at-ten-of-irelands-biggest-companies","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/259422\/","title":{"rendered":"Bosses sitting on \u20ac2bn of shares at ten of Ireland\u2019s biggest companies"},"content":{"rendered":"<p style=\"color:var(--color-primary-80)\" data-testid=\"title-summary\">Ryanair\u2019s CEO O\u2019Leary accounts for majority, with stock and options worth over \u20ac1.4bn <\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">But the figure is heavily skewed by the aviation industry, and in particular by one high-profile veteran of the business.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Ryanair group chief executive Michael O\u2019Leary is now sitting on shares and options currently worth more than \u20ac1.4bn after shares in the airline jumped 53pc this year.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Gus Kelly, the chief executive of Dublin-based AerCap, the world\u2019s biggest aircraft leasing company, has seen the value of his stake in the business hit about $722m (\u20ac614m).<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Shares in the company, listed in New York, have risen 51pc this year.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">AerCap has been boosted by a global shortage of aircraft due to continuing issues at planemakers Boeing and Airbus. That shortage is predicted to persist until at least 2030.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">That has hardened aircraft lease rates, underpinning the financial performance of the world\u2019s biggest aircraft lessors, most of which are based in Ireland.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Mr Kelly owns about 2.8pc of AerCap, which as of this week has a market capitalisation of $25.8bn. During 2025, he also acquired and sold millions of euros worth of shares. His holding is a mixture of directly-held shares and restricted stock units that include options.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">At Ryanair, Mr O\u2019Leary saw his shareholding in the airline group dip below 4pc during 2025, to 3.98pc.<\/p>\n<p><img decoding=\"async\" alt=\"Ryanair boss Michael O'Leary. Photo: Getty\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/12\/SN MOL 2.jpg\" loading=\"lazy\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">Ryanair boss Michael O&#8217;Leary. Photo: Getty<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">During the summer, he sold about \u20ac24m worth of shares in the company.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">But his remaining stake is valued at \u20ac1.22bn. On top of that, he qualified this year for a bonus that at the current share price would yield about a \u20ac190m paper profit when it crystalises in 2028.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">This year has seen Ireland\u2019s biggest company, CRH, edge towards a $100bn valuation. It would be the first Irish company to achieve that milestone.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Its current market capitalisation is $86.2bn, with its shares having risen 39pc this year. Its primary listing is in New York, with the company generating a majority of its earnings in the United States.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Chief executive Jim Mintern, who assumed the role in January this year, owns a total of about 65,417 shares in the building materials giant. That includes almost 30,000 shares that are actually options or potential options. The total number is valued at $8.3m.<\/p>\n<p><img decoding=\"async\" alt=\"Jim Mintern of CRH\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/12\/114216905.jpg\" loading=\"lazy\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">Jim Mintern of CRH<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">In November, CRH reported record third-quarter results. It expects to deliver adjusted earnings before interest, tax, depreciation and amortisation (Ebitda) of up to $7.7bn for 2025.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">But it hasn\u2019t been smooth sailing for all of Ireland\u2019s biggest companies, despite the strong global market backdrop.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Paddy Power and FanDuel owner Flutter Entertainment \u2013 which also has its primary listing in New York \u2013 has seen its shares decline 14pc in 2025.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">In the past month, they have advanced 10pc, however.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Chief executive Peter Jackson\u2019s directly-held shares in the gambling group are worth $7m. However, he was paid a total of $22.1m last year, which included a $19.6m in equity awards.<\/p>\n<p><img decoding=\"async\" alt=\"Flutter Entertainment Plc CEO Peter Jackson\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/12\/102807142.jpg\" loading=\"lazy\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">Flutter Entertainment Plc CEO Peter Jackson<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The decline in Flutter\u2019s shares has come despite a solid third-quarter performance, but challenges that it faced included unfavourable sports results in the US and the UK\u2019s plan to hike remote online gaming duty.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Tony Smurfit, the chief executive of global packaging giant Smurfit Westrock, has also seen sentiment towards the company\u2019s US-listed shares dented during 2025. They have declined 28pc in 2025, with his total holding in the company now valued at $62m.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Smurfit Westrock was created from the merger between Smurfit Kappa and Westrock in 2024.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">In October, its shares plunged as much as 9pc in a single session after it lowered its earnings guidance for 2025.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The world\u2019s largest cardboard box maker said it expected its adjusted core Ebitda to be between $4.9bn and $5.1bn, compared to a previous expected range of between $5bn and $5.2bn.<\/p>\n<p><img decoding=\"async\" alt=\"Colin Hunt, CEO of AIB. Photo: Steve Humphreys\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/12\/374ec595-481a-4d69-93bd-8a772e9c96f9.jpg\" loading=\"eager\" width=\"100%\" data-testid=\"article-image\"  \/><\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">Colin Hunt, CEO of AIB. Photo: Steve Humphreys<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_caption1 indo-300db776_none indo-91174671_secondary indo-66f0fec7_regular indo-1d70522a_marginbottom0 indo-1d70522a_marginleft0 indo-1d70522a_marginright0 indo-1d70522a_margintop3 indo-b48c4984_left\" style=\"color:var(--color-grey-60)\">Today&#8217;s News in 90 Seconds &#8211; Tuesday, Dec 30 <\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">At AIB, chief executive Colin Hunt is sitting on 64,322 shares, currently worth just under \u20ac600,000.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The bank\u2019s shares have climbed 73pc this year, giving it a market capitalisation of \u20ac19.7bn. During the year, the Government sold its remaining stake in the business, which it had bailed out during the financial crash.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Shares in Bank of Ireland have jumped 87pc this year. CEO Myles O\u2019Grady owns about 55,000 shares in the group, having acquired additional shares during 2025. Those shares are now worth just under \u20ac900,000.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Shares in Cavan-headquartered insulation giant Kingspan have edged ahead just 6pc this year, giving it a market capitalisation of \u20ac13.4bn. It plans to spin off its Advnsys unit early in 2026, floating the business in Amsterdam.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">CEO Gene Murtagh owns just over one million shares in Kingspan, which are currently worth \u20ac80m.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">At London-listed DCC, which has shifted its sole focus to energy, shares have declined 8pc this year. Chief executive Donal Murphy\u2019s shares in the group are worth \u00a38.3m (\u20ac9.5m).<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Kerry Group saw its shares tumble 17pc in 2025. Its CEO, Ed Scanlon, has just over 86,000 shares, almost equally split between directly-owned shares and options. They are valued at \u20ac6.6m.<\/p>\n","protected":false},"excerpt":{"rendered":"Ryanair\u2019s CEO O\u2019Leary accounts for majority, with stock and options worth over \u20ac1.4bn But the figure is heavily&hellip;\n","protected":false},"author":2,"featured_media":259423,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[41023,625,79,8298,18,19,17,24512,13190,183,1843,623],"class_list":{"0":"post-259422","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-allied-irish-banks","9":"tag-bank-of-ireland","10":"tag-business","11":"tag-crh","12":"tag-eire","13":"tag-ie","14":"tag-ireland","15":"tag-john-mulligan","16":"tag-kerry-group","17":"tag-kingspan","18":"tag-michael-oleary","19":"tag-ryanair"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115812886314204778","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/259422","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=259422"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/259422\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/259423"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=259422"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=259422"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=259422"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}