Kingspan chief executive Gene Murtagh was paid €1.3 million last year, according to the insulation manufacturer's annual report.

The total, which includes basic salary, pension contributions, a performance-related bonus and benefit in kind contributions, is unchanged from 2010.

Chief financial officer Geoff Doherty was also paid €1.3 million last year, the report shows. the company's former chief financial officer Dermot Mulvihill was paid €1.1million.

As previously announced, total revenues at Kingspan grew by 30 per cent to

€1.55 billion last year while trading profit increased by 33 per cent to €95.7 million, and earnings per share by 27 per cent to 37.1 cent.

The group’s gross acquisition spend during 2011 was €130.3 million.