AIB’s planned share bonus to benefit as few as 80 executives
Scheme would offer deferred shares in bank each year up to equivalent of full salary
AIB has so far returned €10.2 billion to the State since it was rescued.
AIB’s chief financial officer Mark Bourke signalled on Thursday that as few as 80 top executives and managers stand to benefit from the lender’s plan to establish a deferred annual share scheme, starting in 2019.
The scheme, outlined in the bank’s annual report published earlier this month, would offer deferred shares in the bank each year up to the equivalent of 100 per cent of their salary. The bank has said it could be five or six years before the share awards could be exercised.