3 NOVEMBER 2014

YOUR WORDS


Readers are invited to add their comments to any story. Click on the article to see and add.

BTN DISTRIBUTION

BTN also goes out by email every Sunday night at midnight (UK time). To view this edition click here.

Index

Email this Page
Bookmark

The Business Travel News
PO Box 758
Edgware HA8 4QF
United Kingdom
+44 (0)20 8952 8383
info@btnews.co.uk
© 2020 Business Travel News Ltd.

Article from BTNews 3 NOVEMBER 2014

O’Leary stays

Controversial and sometimes uncouth, Michael O’Leary, CEO of Ryanair, has committed to remain with the Irish budget carrier until September 2019.  He had previously spoken of a departure “within the next couple of years”. 

O’Leary has already accrued 17 years as CEO of Ryanair, a position which he took up when the airline floated shares publicly in 1997.  In a statement, Ryanair confirmed that O’Leary has switched from a 12-month rolling contract to a five-year agreement “which commits him to the company until September 2019.”

Ryanair added: “Mr. O’Leary has been granted options over five million ordinary shares, payable at current market prices.  However, these options will only vest if the airline delivers exceptional performance targets over the next five years, which have been set by the remuneration committee.”

Under O’Leary’s leadership, Ryanair has grown from carrying 3 million annual passengers to over 80 million passengers per year.  Over the next five years, it is aiming to grow by another 50% to carry more than 120 million annual passengers by 2019. www.ryanair.com

Index/Home page
 

OUR READERS' FINEST WORDS (All times and dates are GMT)

All comments are filtered to exclude any excesses but the Editor does not have to agree with what is being said. 100 words maximum


No one has commented yet, why don't you start the ball rolling?


Add your comment

First Name
Surname
Email Address
Company (Not obligatory)
Country/City
Comment
- You must be a registered subscriber using the email address entered to submit a comment, or you will be sent a confirmation email before your comment will appear.
- Your comment will be checked before appearing, which may take several working hours.
www.btnews.co.uk