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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

Michael O’Leary to get €100m bonus under deal to keep him at Ryanair

Ryanair Michael OLeary
Michael O'Leary kissing a horse on the side of its nose
Michael O'Leary kissing his horse Delta Work after a victory at Cheltenham. His airline is an investor favourite because of its ruthless focus on reducing costs. Photograph: Tom Jenkins/The Guardian

Ryanair’s chief executive, Michael O’Leary, has qualified for a bonus worth more than €100m, putting him on track for one of the largest payouts in European corporate history.

O’Leary will be given shares worth €111m (£93.5m) if he stays at the airline until the end of July 2028 because the company’s share price stayed above €21 for 28 days.

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