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Ryanair CEO Pay Deal Passes, But It's a Close Call

Started by CXApproach60 • 1 months ago • 2 replies • 95 views
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?
150 million Euros is massive, especially with that slim approval margin. O'Leary's definitely been a game-changer for Ryanair, pushing boundaries and expanding aggressively. But yeah, he's also ruffled a lot of feathers. Maybe shareholders are getting tired of the drama he sometimes brings? As for setting a trend, I think it's more Ryanair-specific. Not every airline CEO has O'Leary's risk-taking style or shareholder patience to pull off something like this. Do you think they'd ever consider someone else at the helm?

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