Latest news with #CEObonus
Irish Times
5 days ago
- Business
- Irish Times
Nine-figure payouts to Ryanair and Starbucks CEOs are controversial, but Michael O'Leary can point to results
Michael O'Leary has hit his target. Ryanair 's share price stayed above €21 for 28 days, earning him a €125 million bonus if he stays until 2028. The deal has its critics. 'Morally questionable,' said Luke Hildyard of the High Pay Centre, a UK think tank. Others argue such payouts reward luck more than leadership, with cheap oil, index inclusion and billions in share buybacks all helping lift Ryanair's stock. O'Leary might counter that Ryanair shares have more than doubled since the deal was struck in 2019, comfortably outperforming rival airlines. Contrast that with Starbucks , where Brian Niccol was handed a reported $113 million sign-on package last August to replace embattled CEO Laxman Narasimhan. Shares soared 25 per cent on the news, adding $21 billion in market value. READ MORE [ Corporate tax receipts drop 30% as Trump's tariffs bite Opens in new window ] Since then, Starbucks has slashed head office jobs, trimmed menus and promised a return to its coffeehouse roots. But the results remain bitter. Margins and profits are down. Competition remains fierce in China. The stock tanked after last month's earnings miss and has now given up almost all of its Niccol bump. Niccol may yet prove his worth – his turnaround of Chipotle is textbook stuff – but the caffeine hit investors got from his arrival has faded fast. O'Leary, never one to miss a jab, might well look at Starbucks and say: at least I had to do something to get my millions.
Bloomberg
19-05-2025
- Business
- Bloomberg
The King of Budget Travel Inches Closer to a €100-Million Bonus
Ryanair Holdings Plc 's relentless focus on rock-bottom fares and no-frills air travel is giving Chief Executive Officer Michael O'Leary his best chance yet at securing a lavish extravagance in the form of a €100-million ($112 million) bonus. O'Leary can qualify for the mega payout if the stock of Europe's biggest budget carrier remains at or above €21 for 28 calendar days. So far, the shares have managed that level for 18 consecutive days, the longest streak yet since the countdown started.
