Latest news with #O'Shea's
Irish Examiner
13 hours ago
- Sport
- Irish Examiner
Dara O'Shea pens contract extension at Ipswich
Republic of Ireland defender Dara O'Shea has signed a new long-term contract with Ipswich Town, which will see him stay at the club until the summer of 2030. The 26-year-old moved to Portman Road from Burnley in August and he has gone on to be a key member of the squad, making 37 appearances across all competitions last season. He played more minutes than any other Ipswich player during the 2024/25 season. O'Shea's performances saw him win the club's Player of the Year Award and he said he is delighted to extend his stay in Suffolk. "I'm really happy and very proud to have signed a new contract at Ipswich Town. 'We learned a lot last season and that will be really important for us going forward. I'm glad to have signed this new contract and I am ready to get to work again in pre-season. 'There are good characters and good human beings at this club and I want to help deliver success again and help the club get back into the Premier League. This is a massive club but it can continue to grow and I'm excited." Ipswich manager Kieran McKenna is delighted O'Shea has committed to the club. 'He has been an important figure for us since his arrival last summer, putting in consistently good performances on the pitch while also bringing character and leadership to the group off it. 'He has real experience, despite still being relatively young for a central defender, and we believe he has the ability to further improve in the years to come. 'We're excited to now be working with him for an extended period as we continue to prepare for the season ahead.'
Business Mayor
08-05-2025
- Business
- Business Mayor
British Gas owner suffers shareholder rebellion over CEO pay packet
The owner of British Gas has suffered a shareholder rebellion after handing its chief executive a multi-million pound pay packet while energy bill payers struggle with record levels of debt. Nearly 40% of Centrica's shareholders voted against the board's pay plans at the energy company's annual investor meeting in Manchester on Thursday, after rising criticism of boss Chris O'Shea's pay during the energy crisis. O'Shea's basic salary rose 29% last year to £1.1m to take his total pay packet, including bonuses and share-related pay, to £4.3m for the year. The pay day was about half what he was paid the year before when his pay packet ballooned to around £8m, largely thanks to a £5.9m bonus scheme. The pay rises have angered consumer groups, fuel poverty campaigners and climate activists who have accused the company of profiting from higher energy prices after Russia's invasion of Ukraine while millions of households have struggled to pay their heating bills because of soaring energy costs. In total household energy debt and arrears have climbed to around £3.8bn, an increase of around £2bn since the start of 2022. Centrica's market value has grown by over 250% in the last five years due to climbing energy market prices after the Covid-19 pandemic and Russia's invasion of Ukraine. However, shares in the FTSE 100 company fell by 7.5% on Thursday after it warned that the mild start to spring would dent its profits for the first quarter. Ahead of the shareholder vote leading proxy adviser, Institutional Shareholder Services (ISS), recommended against supporting O'Shea's pay packet at the annual meeting. ISS told its clients the pay rise was 'materially above those given to the wider workforce' and 'not considered to be supported by cogent rationale'. Mel Evans, Greenpeace UK's head of climate, called on the government to cap pay rises and bonuses for energy companies so they are not 'rewarded for deepening the cost of living crisis'. 'You know the profiteering has gone too far when even the shareholders start rejecting the bumper pay rises put forward by greedy bosses,' Evans said. 'We're all sick to death of being unfairly ripped off by the gas industry, who have made eye-watering profits at the expense of ordinary billpayers in recent years.' O'Shea said last year that it was 'impossible to justify' his pay when British Gas customers were struggling. 'You can't justify a salary of that size,' he told the BBC. 'It's a huge amount of money; I am incredibly fortunate. I don't set my own pay; that's set by our remuneration committee.' skip past newsletter promotion Sign up to Business Today Get set for the working day – we'll point you to all the business news and analysis you need every morning Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties. For more information see our Privacy Policy. We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply. after newsletter promotion A spokesperson for Centrica said: 'While we welcome the backing of the majority of our shareholders for that resolution following extensive engagement on remuneration, we will continue to engage with shareholders in constructive and open dialogue. 'The company will provide an update to shareholders within six months of today's meeting.' Separately, Tesco's annual report revealed that the pay of its chief executive Ken Murphy fell by about £1m to £9.23m – still 373 times that of the average employee at the supermarket group – after he missed targets on his bonus-related sales and profits as well as food waste. The retailer was forced to revise down its success in tackling food waste after a problem with a partner – which it emerged was turning the waste into energy rather than feeding it to animals as agreed. This year Murphy could earn more than £10m if he hits all his targets as his basic salary has been increased by 2% to almost £1.5m.
Yahoo
08-05-2025
- Business
- Yahoo
British Gas owner suffers shareholder rebellion over CEO pay packet
The owner of British Gas has suffered a shareholder rebellion after handing its chief executive a multi-million pound pay packet while energy bill payers struggle with record levels of debt. Nearly 40% of Centrica's shareholders voted against the board's pay plans at the energy company's annual investor meeting in Manchester on Thursday, after rising criticism of boss Chris O'Shea's pay during the energy crisis. O'Shea's basic salary rose 29% last year to £1.1m to take his total pay packet, including bonuses and share-related pay, to £4.3m for the year. The pay day was about half what he was paid the year before when his pay packet ballooned to around £8m, largely thanks to a £5.9m bonus scheme. The pay rises have angered consumer groups, fuel poverty campaigners and climate activists who have accused the company of profiting from higher energy prices after Russia's invasion of Ukraine while millions of households have struggled to pay their heating bills because of soaring energy costs. In total household energy debt and arrears have climbed to around £3.8bn, an increase of around £2bn since the start of 2022. Centrica's market value has grown by over 250% in the last five years due to climbing energy market prices after the Covid-19 pandemic and Russia's invasion of Ukraine. However, shares in the FTSE 100 company fell by 7.5% on Thursday after it warned that the mild start to spring would dent its profits for the first quarter. Ahead of the shareholder vote leading proxy adviser, Institutional Shareholder Services (ISS), recommended against supporting O'Shea's pay packet at the annual meeting. ISS told its clients the pay rise was 'materially above those given to the wider workforce' and 'not considered to be supported by cogent rationale'. Mel Evans, Greenpeace UK's head of climate, called on the government to cap pay rises and bonuses for energy companies so they are not 'rewarded for deepening the cost of living crisis'. 'You know the profiteering has gone too far when even the shareholders start rejecting the bumper pay rises put forward by greedy bosses,' Evans said. 'We're all sick to death of being unfairly ripped off by the gas industry, who have made eye-watering profits at the expense of ordinary billpayers in recent years.' O'Shea said last year that it was 'impossible to justify' his pay when British Gas customers were struggling. 'You can't justify a salary of that size,' he told the BBC. 'It's a huge amount of money; I am incredibly fortunate. I don't set my own pay; that's set by our remuneration committee.' A spokesperson for Centrica said: 'While we welcome the backing of the majority of our shareholders for that resolution following extensive engagement on remuneration, we will continue to engage with shareholders in constructive and open dialogue. 'The company will provide an update to shareholders within six months of today's meeting.' Separately, Tesco's annual report revealed that the pay of its chief executive Ken Murphy fell by about £1m to £9.23m – still 373 times that of the average employee at the supermarket group – after he missed targets on his bonus-related sales and profits as well as food waste. The retailer was forced to revise down its success in tackling food waste after a problem with a partner – which it emerged was turning the waste into energy rather than feeding it to animals as agreed. This year Murphy could earn more than £10m if he hits all his targets as his basic salary has been increased by 2% to almost £1.5m. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-04-2025
- Science
- Yahoo
Alpena-Amberley Ridge shows Michigan wasn't always a ‘pleasant peninsula'
GRAND RAPIDS, Mich. (WOOD) — 'Si Quaeris Peninsulam Amoenam, Circumspice.' The latin phrase adorns Michigan's , which was adopted back in 1835, two years before Michigan was granted statehood. It translates to, 'If you seek a pleasant peninsula, look about you.' The motto has been part of the state's framework from the very beginning. But did you know that what we know as Michigan wasn't always a peninsula? 132-year-old shipwreck discovered in Lake Superior Research shows a land bridge, now buried under the depths of Lake Huron, once connected Michigan and Canada and was even home to some Paleoindians. The stretch is called the , named for the two cities closest to the connecting points: Alpena, Michigan, and Amberley, Ontario. is a professor at the University of Michigan and the curator of Great Lakes Archaeology at the U-M Museum of Anthropological Archaeology. He has been studying the ridge for nearly 20 years and has been able to piece together a lot of information about the people who lived and hunted there. Are submarine cables through Lake Michigan the best way to help Michigan go green? The basins of the Great Lakes were formed when the glacial ice sheets moved south in the last ice age and then filled them as those glaciers melted away. But according to the National Oceanic and Atmospheric Administration, the boundaries we are familiar with today only settled to form about 3,000 years ago. 'At the end of the ice age, you get this weird fluctuation where you get very high levels of water in the lakes, and then you get these very low levels as the openings shift,' O'Shea told News 8. 'Around 11,000 years ago, the lake levels all dropped precipitously, more than 100 meters lower than their modern level. And this exposed huge areas of what's modern lake bottom for settlement.' Illinois presses pause on 'critical' invasive carp project, cites federal funding concerns 'It stayed open for several thousand years,' he continued. 'So what we see then is we see that area being occupied by the resident plant and animal communities, by the local human populations.' O'Shea said the ridge's outcropping of limestone allowed it to stand taller compared to the surrounding areas that were dug out deeper by the receding glaciers. It also became a bit of a haven of Arctic animals and a fertile hunting ground. 'The other thing that was really curious about (the Alpena-Amberley Ridge) is the climate,' O'Shea noted. 'Because you had this really cold, cold glacial meltwater on both sides, it stayed much colder out there than on the mainland of Michigan or Ontario. The early Holocene (epoch) is seen as a time of warming. So this place actually became really attractive for those ice age animals and plants.' A pilot's fateful flight under the Mackinac Bridge Caribou were likely around much longer on the Alpena-Amberley Ridge than in southern Michigan and were a key food source for the local inhabitants. O'Shea's research team has found evidence of along the ridge, similar to those found in other areas of the Arctic in that time frame. 'As it started narrowing, the caribou migrations became really predictable. So we found the hunters actually started building hunting blinds and building different kinds of hunting structures to channel the migratory caribou into kill zones. … A lot of them only work if the animals are moving in one direction,' he explained. Because the ridge is buried under frigid water, the land and the artifacts it holds are well preserved. Paleoindians and beyond: West Michigan's history goes back millennia 'There has been no further development. There hasn't been any farming, the stones haven't been moved. And because we are so far offshore, about 50 miles offshore, there's also no sediment,' O'Shea said. 'Everything is left pretty much the way it was when the water finally came and drowned this landscape. 'It's a really interesting kind of preserved 3,000-or-so-year-old window that we have to look at this very early occupation of the Great Lakes.' Aside from evidence of hunting structures and tools and other artifacts, O'Shea said his most fascinating find is some pieces of . 'We found … a couple of obsidian flakes, which are volcanic glass. And what's neat about this volcanic glass is it is very unique to its source. You can chemically source it very accurately. And the obsidian that we recovered from our first site out there actually comes from Central Oregon,' he said. 'So roughly 10,000 years ago, in some way, shape or form, our guys that are hunting on Lake Huron are connected to the Northwest Pacific Coast, which is kind of mind-blowing. 'Just this last year, we found a second site that also has obsidian that is at a distance. So, it suggests that whatever this kind of connection, this east-west connection, wasn't just a one-off deal.' The 'other' mounds: Lost history is a part of West Michigan's story But after more than 15 years of researching the Alpena-Amberley Ridge, O'Shea may have to walk away. Late last year, his team was notified that the was pulling its funding, declaring it 'too risky to support.' O'Shea noted that the decision was announced before the 2024 presidential election and should not be chalked up to the rash of federal funding cuts. But given the current political climate, he doesn't expect the NSF to reverse its decision. 'I kind of suspect, and this is just a gut-level feeling, that federal support for archaeology is not going to be a very, very high funding priority,' he said. Still, his team has at least one more 'bite of that apple.' Earlier this year, Michigan alum Stephen Klinsky announced he wanted to fund archaeological research at the university, and O'Shea's proposal was selected. 'He was effectively our white knight. I mean, he appeared out of nowhere,' O'Shea said. 'It's our chance to prove that it all really works. There's no guarantee of anything in the future.' Study: PFAS building up in 3 of 5 Great Lakes The Michigan professor hopes that people's love of history and love of the Great Lakes will help keep his project afloat. 'There's a tremendous amount of public interest in knowing what happened in the Great Lakes,' O'Shea said. 'People are really invested. People that have cottages or work on the lakes are really invested, in understanding. They're fascinated by how the lake changes over time. How it fluctuates. That's our best hope.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
