Ryanair shareholders are raising concerns about reported plans for CEO Michael O’Leary, including a potential bonus worth more than £130 million, according to two UK outlets. Both reports describe a “shareholder revolt” or backlash over the scale of the payout.

The controversy follows an announcement in June that O’Leary—who has led Ryanair since 1994—has agreed to remain in the role until 2032. The reported arrangement could link his extended tenure to a large bonus payment. The accounts focus on the reaction from investors, framing the issue as a dispute over executive remuneration.

While both sources emphasize shareholder dissatisfaction and the reported bonus figure, they provide no additional details on how widespread the opposition is, what specific governance concerns are being raised, or what steps Ryanair is taking in response. Both also refer to the same June agreement and the same extended end date for O’Leary’s term.