The CEO of budget airline Ryanair says his potential $109 million bonus is great value for shareholders compared to the money star athletes make [Business Insider]
Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY)
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Source: Business Insider
He told the Journal it's "very good value for Ryanair shareholders" compared to star soccer players. The CEO of ultra-low-cost airline Ryanair told The Wall Street Journal his potential $109 million bonus is "very good value" compared to star athletes. Michael O'Leary has run the Irish budget airline for three decades. It has risen to become Europe's biggest carrier by market cap and is known for selling tickets for as little as $20. However, it's also been criticized for overworking its pilots and its ancillary fees — like charging for water on board and a $60 airport check-in cost. Last December, the Financial Times reported the Ryanair boss is set for one of the biggest bonuses in European history , which is dependent on the airline's share price. If the stock maintains a price of 21 euros for 28 consecutive days, O'Leary will earn stock options worth 100 million euros, the FT reported. Three months ago, Ryanair's stock was around 19 euros. It recently hit a record hig
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- 4/4/24 - Evercore ISI Group
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Sec Filings
- 4/22/24 - Form 6-K
- 4/12/24 - Form 6-K
- 4/9/24 - Form SC
- RYAAY's page on the SEC website