O’Leary to remain at helm of Ryanair for another five years

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By TESTCustomwebLP TESTCustomwebLP October 27, 2014 17:11

O’Leary to remain at helm of Ryanair for another five years

Michael O’Leary, who has led Ryanair Holdings for more than twenty years, has signed a five-year contract extension for him to stay at the company until September 2019.
The deal replaces a rolling 12-month arrangement under which O’Leary has worked since Ryanair first sold shares to the public in 1997. He has been granted options over 5 million ordinary shares payable at current market prices, valued at around €36 million, but only if Ryanair meets “exceptional performance targets” set by the remuneration committee.

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By TESTCustomwebLP TESTCustomwebLP October 27, 2014 17:11