Revolt at Ryanair against the 153-million incentive for O'Leary
La asamblea aprueba el plan de opciones sobre 10 millones acciones del consejero delegado de la aerolínea pese al voto en contra del 39% de los accionistas. Leer
Ryanair's shareholders have approved a plan for CEO Michael O'Leary to acquire 10 million shares, despite 39.3% of shareholders voting against it. The plan, which could benefit O'Leary by €153 million, was approved with 60.7% of shareholders in favor. The conditions for O'Leary to exercise the option include Ryanair's net profit exceeding €4 billion or the company's stock price surpassing €42 for 28 consecutive days before March 31, 2032.
O'Leary, who has a 4% stake in Ryanair, will be 71 years old in 2032, when his current contract is set to end.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
