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Irish Mirror
Irish Mirror
National
Gordon Deegan

Ryanair restores Michael O'Leary's pay to pre-pandemic levels at €975,000

Ryanair Michael OLeary Pandemic

Ryanair has restored group CEO Michael O’Leary’s pay to pre-pandemic levels with Mr O’Leary’s combined basic pay and bonus pay this year increasing almost four fold to €975,000.

The outspoken Ryanair boss took a 74% hit to combined basic pay and bonus during the pandemic in 2020/21 and received no bonus with basic pay at €250,000.

Now, the airline’s 2022 annual report reveals that Mr O’Leary’s pay returned to pre-pandemic levels in the 12 months to the end of March of this year following the airline restoring paying bonus payments to its CEO and paying him a €475,000 bonus.

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