ESB has approved a pay increase for its chief executive, Paddy Hayes, following ministerial approval. Multiple outlets report that Hayes’s salary rises by just under €92,000, bringing his annual pay to €410,000. The Irish Independent specifies the increase takes his remuneration from €318,083 to €410,000. RTE News and BreakingNews.ie describe the rise as 29% and characterise it as an increase that follows the required approval process. Irish Independent and IrishExaminer.com also identify the Public Expenditure Minister as the official sanctioning the change, stating that Jack Chambers approves the pay adjustment. IrishExaminer.com adds that the approval is granted on July 6. The coverage consistently frames the change as a minister-approved pay rise connected to Hayes’s role as ESB chief executive, with the final figure of €410,000 presented across reports. No additional details on the rationale for the increase are included in the provided summaries.
ESB CEO Paddy Hayes awarded 29% pay rise to €410,000
ESB has approved a pay increase for its chief executive, Paddy Hayes, following ministerial approval. Multiple outlets report that Hayes’s salary rises by just under €92,000, bringing his annual pay t...
- ESB awards CEO Paddy Hayes a 29% pay rise.
- His annual salary increases to €410,000.
- The pay rise is described as just under €92,000.
- Ministerial approval is required and is granted by the Public Expenditure Minister, Jack Chambers.
- One report states the approval is dated July 6.
The rise of just under €92,000 will bring the annual salary of chief executive Paddy Hayes to €410,000
1 hour agoMr Hayes’s annual salary will now jump from €318,083 to €410,000
1 hour agoThe minister for public expenditure and reform, Jack Chambers sanctioned the pay increase for Paddy Hayes on July 6
1 hour agoThe ESB has given its chief executive Paddy Hayes a pay increase of just under €92,000 after receiving Ministerial approval to do so.
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