Over €6m paid to CRH executives

BUILDING MATERIALS giant CRH paid its executives slightly less in 2010 than the previous year, according to its annual report, which the group published yesterday.

Its executives netted a total of €6.16 million in pay, pension and other benefits last year, compared to just over €6.2 million in 2009.

Chief executive, Myles Lee was paid €12,000 less for his services last year. His total package came to €2.44 million in 2010 compared with €2.45 million the previous year. His basic pay was €1.15 million. He received cash payments of €288,000, retirement benefits of €980,000 and other benefits worth €25,000.

Chief operating officer, Albert Manifold, was paid €149,000 more in 2010 than in 2009. His total package came to €1.38 million.

Mark Towe, chief executive of Oldcastle, CRH’s main Americas materials business, received €34,000 extra last year. His total package was €1.463 million.

Maeve Carton, appointed finance director midway through the year, was paid a total of €489,000. Operating profits at CRH were down 27 per cent at €698 million last year.