Pay tops €10.5m each for housebuilder bosses - News Summed Up

Pay tops €10.5m each for housebuilder bosses


Pay topped €10.5m each for the top bosses at housebuilder Glenveagh Properties, its first full year in business. Pay topped €10.5m each for the top bosses at housebuilder Glenveagh Properties, its first full year in business. The private equity style founder share scheme kicked in July, a year after listing on the stock market, conditional on performance targets being met. Glenveagh’s annual results in March recorded a loss of €3.5m after tax in 2018, excluding exceptional items. It is looking to sell 725 houses this year as it moves from buying land to building and selling houses.


Source: Irish Independent April 05, 2019 18:33 UTC



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