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Stock impact report

Telecoms boss lands record £131m payday [Yahoo! Finance]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD) 
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
Company Research Source: Yahoo! Finance
Eamonn O'Hare, who runs Zegona Communications, received a £129m bonus in 2024, on top of £2m in annual pay and benefits. The company's operations chief, Robert Samuelson, also took home a total package of £66m. By contrast, the average remuneration for an FTSE 100 chief executive last year was £4.2m. The lucrative pay awards were made after Zegona acquired Vodafone's Spanish arm for £4.4bn last year. Mr O'Hare and Mr Samuelson, both former Virgin Media executives, launched Zegona a decade ago to buy up struggling assets in the telecoms sector and turn them around. Zegona went public in 2015 with a float on London's AIM junior exchange, when it raised £30m. However, its value has since soared after undertaking a series of deals, buying up unloved assets and selling them on for profit. It took over Spanish regional telecoms business Asturias in 2015 in a €640m deal before later selling it for a considerable profit. Last year, Zegona also completed a deal for Vodafone Spain Show less Read more
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