Why Covid-19 saw a rise in Iseq CEOs’ average pay

Median CEO compensation package falls almost 36 per cent to €1.2 million however

Donal Murphy:  CEO of Dublin-based FTSE 100 constituent DCC saw  his compensation package jump 43 per cent to €3.73 million. Photograph: Cyril Byrne/The Irish Times

Donal Murphy: CEO of Dublin-based FTSE 100 constituent DCC saw his compensation package jump 43 per cent to €3.73 million. Photograph: Cyril Byrne/The Irish Times

Twenty long-standing bosses at the largest Irish publicly-quoted companies saw their pay rise by an average of 6.2 per cent last year, as corporate giants like Flutter and Smurfit Kappa came into their own during the Covid-19 crisis, according to figures compiled by The Irish Times.

However, the median CEO compensation package, which gives a better overall picture by eliminating the distorting effects of outliers in the pay stakes, actually fell by almost 36 per cent to €1.2 million as the pandemic hit sales and earnings and forced companies to seek Government supports.

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