Wizz Air is proposing a bumper pay deal for its boss, who it has described as “by far the worst compensated CEO” of major European airlines, amid fears his current £710,000 salary may make the position untenable.
The airline wants to give Jozsef Váradi a restricted share award next month representing 300% of his £710,534 salary, arguing his compensation doesn’t reflect a unique “parade of black swan” events faced by Wizz Air. It also proposes a further share-based reward amounting to 500% of Váradi’s salary in 2026.
