So, Ryanair just had their AGM and barely approved a new pay deal for CEO Michael O'Leary. The plan's worth up to 150 million Euros! But here's the kicker - it only got support from just under two-thirds of the shareholders. That's pretty tight for such a big decision.
I get that O'Leary's been with Ryanair a long time and knows the company inside out, but 150 million Euros is a ton of money. Makes you wonder if the shareholders are having second thoughts about how much they're willing to pay to keep him around. I mean, he's been a pretty controversial figure with his bold moves and sometimes controversial statements.
I'm curious about what you guys think. Do you reckon this pay package is justified given Ryanair's growth and O'Leary's role in it? Or is it too much considering the mixed feelings from the shareholders? Also, do you think this kind of pay deal could set a trend for other airlines or is it more of a Ryanair-specific thing?
I get that O'Leary's been with Ryanair a long time and knows the company inside out, but 150 million Euros is a ton of money. Makes you wonder if the shareholders are having second thoughts about how much they're willing to pay to keep him around. I mean, he's been a pretty controversial figure with his bold moves and sometimes controversial statements.
I'm curious about what you guys think. Do you reckon this pay package is justified given Ryanair's growth and O'Leary's role in it? Or is it too much considering the mixed feelings from the shareholders? Also, do you think this kind of pay deal could set a trend for other airlines or is it more of a Ryanair-specific thing?