Billionaire O’Leary dampens succession hopes of Ryanair crew (opens original article in a new tab)

Michael O'Leary extended his Ryanair contract until 2032, securing potential earnings of €153 million through share options and maintaining a €1 billion stake in the airline, which diminishes succession prospects for other executives.

• Michael O'Leary extended his Ryanair contract to 2032, ending succession hopes for senior executives
• O'Leary's share options could net him €153 million if certain profit or stock price targets are met
• O'Leary's remaining stake in Ryanair is valued at over €1 billion