Ryanair boss may get his $110m bonus

  • Date: 14-Jan-2020
  • Source: Emirates Business
  • Sector:Defense
  • Country:GCC
  • Who else needs to know?

Ryanair boss may get his $110m bonus

The terms of the reward plan require O'Leary to get the stock price back above 21 euros, and at the time of the annual meeting it was languishing at less than 10 euros.. On January 10, the shares jumped as much as 11% after Ryanair reported stronger than expected Christmas sales and ticket prices.. His stock options are triggered if the share price exceeds 21 euros for a four-week period between April 2021 and March 2024.. A year ago I wrote that Ryanair's bonus plan is pretty egregious because the share price might jump for reasons that have nothing to do with O'Leary's skills as a manager.. While analysts have turned more positive on Ryanair shares, the stock is 14% higher than their average price target, according to Bloomberg data..