Transportation
Ryanair Boss Poised for €100-Million Payout as Shares Hit Target
Passengers board a Ryanair aircraft at London Stansted Airport in Stansted, UK.
Photographer: Chris Ratcliffe/BloombergRyanair Holdings Plc’s chief executive officer has just become eligible for a €100-million ($114 million) bonus, granting Michael O’Leary one of the biggest payouts among European public company executives in recent years.
Shares of the no-frills Irish low-cost airline closed above €21 for the 28th consecutive calendar day on Thursday, qualifying the outspoken boss for the huge bonus. O’Leary is required to remain at the airline for another three years until the options vest to claim the prize.