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Aer Lingus approves increase to CEO package

Aer Lingus shareholders have voted narrowly to go ahead with a 700 thousand euro increase to the pay...
TodayFM
TodayFM

6:15 PM - 2 May 2014



Aer Lingus approves increase t...

News

Aer Lingus approves increase to CEO package

TodayFM
TodayFM

6:15 PM - 2 May 2014



Aer Lingus shareholders have voted narrowly to go ahead with a 700 thousand euro increase to the pay and pension package of its Chief Executive.

The deal was approved by a margin of 50-point-0-3 per cent at the airline's AGM at Dublin Airport this afternoon.

The government indicated it would use its 25.1 per cent stake in the airline to vote against the deal for Christoph Mueller.

The Chairman of Aer Lingus, Colm Barrington, has defended the CEO's pay package, but says he will take shareholders concerns into account:

 



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