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.

This content is restricted to site members.

If you are an existing user, please login below.
New users may register below.

Existing Users Log In