The annual report discloses that Martin agreed to take €3.1m as a cash severance payment in lieu of those shares. In 2016 he earned a total remuneration of €3m in cash and shares at Malin. Objections have been raised by groups representing retailers like Arnotts and Brown Thomas, claiming as many as 5,000 jobs in retail in the city centre could be lost. If trends towards online continue, how many jobs will be lost in the city centre anyway? Dublin city centre could become an even bigger attraction for restaurants, cafes and shops selling takeaway sandwiches to office workers with a very continental plaza.

Source: Irish Independent March 18, 2018 18:00 UTC