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Fortune
Fortune
Ryan Hogg

Ryanair boss Michael O’Leary sees pay packet jump to $5 million as he chases 9-figure bonus

Ryanair Michael OLeary József Váradi Wizz Air
Michael O'Leary, chief executive officer of Ryanair Holdings Plc, during a news conference in London, UK, on Wednesday, April 24, 2024. (Credit: Hollie Adams—Bloomberg/Getty Images)

Michael O’Leary has come agonizingly close to securing his bumper $108 million bonus this year. Still, the Ryanair CEO can at least comfort himself with an increased multimillion-dollar pay packet in the meantime.

The 63-year-old Ryanair boss’s pay deal jumped to €4.7 million ($5 million) this year due to an improved base salary and rising profits at his budget airline. 

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