Ryanair's Michael O'Leary, who is up for a $108 million bonus, doesn't see high CEO pay as a problem: ‘Footballers are getting half a million a week' [Fortune]
AstraZeneca PLC - American Depositary Shares (AZN)
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Source: Fortune
The Irish carrier's chief is up for a huge €100 million ($108 million) bonus in the coming months. The one-off nine-figure has followed O'Leary over the years, as he only qualifies for the bumper payout if the airline's share price hits €21 and stays there for 28 consecutive days. Although he's never achieved it so far, with Ryanair's shares soaring , he might just become eligible for it. The $108 million, if unlocked, will be in addition to O'Leary's pay. In the last financial year, he was paid €925,000 ($991,572), which included a bonus component of €425,000. Starting this year, his base salary will be €1.2 million ($1.3 million). His fixed pay is lower than his peer at EasyJet , another budget carrier, despite Ryanair being Europe's largest airline by passenger volumes. However, critics have already started attacking O'Leary's $108 million payday prompting the outspoken CEO to chime in. After all, if football players and their managers can get paid in the multi-million ran
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