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The Independentindependent.co.uk

Michael O’Leary to head Ryanair for another six years under new contract (opens original article in a new tab)

TL;DR

Ryanair has extended Michael O'Leary's contract as CEO for six years until April 2032, including a share-purchase deal contingent on meeting performance targets.

  • Ryanair extends Michael O'Leary's contract until 2032 with a six-year agreement
  • O'Leary receives a one-off share purchase option for 10 million shares at 26.70 euros per share
  • Performance targets must be met for full share options, including profits over 4 billion euros or share price reaching 42 euros

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